Pensions are a figment of the imagination for most people in today's workforce. 🦄 Show Gen Z a picture of a pay phone and a pension and they won't be able to tell the difference. 🙃However, millions of Americans still rely on these investments to carry them through their retirement days.
President Biden is currently touring the nation, chatting with voters in anticipation of midterm elections, and stopped in Ohio to talk about pensions. We also heard he left his bike at home this time. #safetyfirst ⛑️
Here’s Five Fast Facts about the current state of pensions:
🔥Bottom line: Biden also said the program will be in place until 2051, which is great news for those worried about the future of their pensions, at least for the next few decades. However, it's too early to tell if it's a solid long-term solution.
Do you have a pension plan you're concerned about? Let us know by connecting with us on Social Media and be sure to share this newsletter with any friends & coworkers!
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