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If the worker does not do deductions in a pension fund can retire with what. Moreover, if he retires, having in the plan of two million dollars, and by 85 years from them as a result of bad management or share crash there will be nothing pension funds it is deleted this 85-year-old old man from lists, and he can consider that to it has not carried. The former worker cannot address in the company and demand prolongation of pension payments.Speaking easier, responsibility, expenses and the remote consequences of leaving on pension will be shifted from the employer on the worker. Despite the fact that what the difference between abbreviations DB and DC is insignificant, difference in the future consequences rather essentially, and further it will grow only. As the rich daddy, ithas told the matter is that the Second World War generation passes generation bebi-bumerov and all to the subsequent a problem from which people of my age have derived considerable benefitit. In other words, they have received benefit, and we should pay under the bill, and this bill will be very big.
On road back, in office of the rich daddy, I have embraced him and have thanked for a science. I was going to to make a fresh start, without money, without job, but armed with valuable experience and knowledge. Despite easy trouble and nervousness, I was ready to work, search for new possibilities in business and to build the new company.
it I have one more question, it I have told, looking at the rich daddy. It whether a lot of serving in that restaurant know nothing about a difference between pension plans of category DB and DC? it I would tell, the majority, it Mike was responsible for the father. It and it becomes the reason of the big problems in the future. Time they do not know, do not prepare. They still think that after leaving on pension money till the end of a life will suffice them.
- I hope, they will do it with pleasure, it I have smiled.
it A bright example of short-sighted thinking, it Mike has seriously noticed. It I prosecuted this subjects, and the statistics shows that 25 percent of all workers after leaving on pension to some extent lose work capacity. At one disability it appears a constant, at others it only time. That is why the belief that the love to the job can solve a problem, is a short-sighted point of view. And to the subsequent generations it is necessary for ours to think it is perspective, because we will longer live, but a question in, whether we can dare to live longer and whether we will master growing expenses on treatment? Also that will occur, if we appear among those of 25 percent invalid and we can not work, we can not do what is pleasant to us? Here the vital issues which we with you should set to ourselves, our families and our workers.
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