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pension obligations / 2 posts found

Baby Boomers and Millennials

Demographic Wars- Baby Boomers and Millennials

by IAF
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In this video I discuss the potential conflict that is going to rise between the baby boomers and millennials . As the pension obligations cannot be paid, the cutting of social benefits for the baby boomers  will become mandatory. This will cause boomers to try to vote even more laws to keep what they have which will foster conflict with the millennials as they continue to get screwed financially. In this article you see the potential problem brewing as baby boomers blame millennials for intended problems already going on.
State Pensions

Is Your State Bankrupt Due To State Pensions?

by IAF
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In this video I go over an article regarding state pensions and how much it would take to get the accounts fully funded. Without funding to afford State Pensions you will see property and other taxes skyrocket which could lead to a host of other problems. Find out how your state is doing with their pension obligations in this video.