Pension Plans are Worthless in the Modern Economy

Pension Plans are Worthless in the Modern Economy

Pension Plans are becoming worthless day by day. This is because the world economy is changing in such a bad manner right now that within few years the pension plans will be worthless.

Very soon people living on the Pension Plans won’t able to live on their pension income alone. Thus in the near future, the people who are planning to live on the pension income will be in financial trouble.

This is because the US Government and many central banks from all around the world are right now printing literally billions and trillions of dollars out of thin air and this newly printed money is diluting the purchasing power of the existing money.

Right now this money is sitting in the bank reserves but when this money will enter into the circulation, it will cause the hyperinflation and erode the world economy.

It will erode the purchasing power of your money in your pockets, savings account, PPF, Pension Plans, EPS, FDs, Post office Savings schemes and any other form of fixed income saving product.

Today the rules of money have been changed and the rich play the game of money in different ways. The Rich give their kids the entirely different kind of financial education right now that the poor and middle class are not giving.

This is because for the poor and middle class, going to school, get good grades, work hard, find a good job and retire on the pension plans or invest in mutual funds and diversify is the only form of financial education.

Unfortunately, most of the personal finance advisors, bloggers and gurus also spread this false personal finance educational messages to the new generations.

If you really want to learn these new rules of money to become and stay rich than read my eBook. Recently I have published my own eBook – My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor and Middle Class Don’t?

You can download this eBook for FREE right now by clicking the above link and without any annoying registrations. In my eBook, I have explained the new rules of money. I have explained very clearly and briefly that how rich play the game of money. What rich think about money that the poor and middle class don’t?

If you want to teach your kids something about money than you should teach the lessons given in my eBook. So Don’t wait and start learning the new rules and lessons on money to get rich.

Rather than depending on the pension plans and the governments after your retirement, build your own Assets and become financially free.