A comprehensive look at the crisis of unfunded pension liabilities and what must be done to avoid the same problem in the future
As the generational bubble of the Baby Boomers begins to retire, it is increasingly evident that governments, corporations, and individuals have failed to adequately prepare for the obligations and needs of this giant cohort. Retirees are outliving actuarial life expectancies, pension liabilities are skyrocketing, pension plans are underfunded, and medical costs rise, the United States alone can expect unfunded liabilities to exceed $4 trillion.
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A comprehensive look at the crisis of unfunded pension liabilities and what must be done to avoid the same problem in the future
