Retirees Face A "Pension Crisis" Of Their Own | RIA
Please read to understand historical returns (and relationship to lofty valuations).
Cheiron is selling a product. The product must look good to sell...
What happens if there are 5 years of no return or negative returns? Does the hurdle rate “reset” each year? Imagine after 3 negative return years, what return would be needed to get back to hurdle rate? These questions are endless, not answered or negotiated yet, and we already have a B fund with other personal investments that are beholden to market risk. Why voluntarily subject ourselves to market risk?