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Old 05-14-2018, 08:50 AM
  #73  
FastBurner
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Joined APC: Nov 2016
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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?
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