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May 25, 2012, 09:29:42 PM

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Real Estate Investing Forums | Real Estate Investing | Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) | Topic: Ready to Retire in California - NOT SO FAST!

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Topic: Ready to Retire in California - NOT SO FAST! (Read 373 times)

propertymanager
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Ready to Retire in California - NOT SO FAST!

« on: February 13, 2010, 10:37:04 PM »

Are you a teacher that's getting close to retirement, maybe you should think twice. Your retirement fund is SLIGHTLY underfunded - only underfunded by $42 BILLION DOLLARS! OUCH!

http://www.businessweek.com/news/2010-01-27/california-teachers-pension-fund-42-6-billion-short-update1-.html


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www.1MinuteToRentalPropertyRichs.com
This No-Hype, No-Nonsense Book is a step by step course in making money and building wealth with rental properties! Everything from buying properties at a discount to dealing with terrible tenants. Now In Paperback!

Bluemoon06
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Re: Ready to Retire in California - NOT SO FAST!

« Reply #1 on: February 15, 2010, 08:47:40 AM »

I worry about this sometimes. One of the golden handcuffs I have to my job is my pension. Since most people don’t have pensions anymore I keep thinking how lucky I am that I will have this income when I retire. But it is conceivable that I could work all these years and the company not be able to deliver my pension to me. That would be a waste.


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Real Estate Investing Forums \| Real Estate Investing \| Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) \| Topic: Ready to Retire in California - NOT SO FAST!	« previous next »

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