It’s estimated that there are over 50 million pensioners — in the United States alone. Like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. Who Stole My Pension? was written to give them guidance, resources, and tools so they can take action...and stop the looting.
We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. According to the World Health Organization, nearly two billion people around the world are expected to be over age 60 by 2050, a figure that’s more than triple what it was in 2000. For better or for worse, never before have there been more elderly people living on planet Earth. One thing is. certain: Doing nothing — sitting back, confident your pension check is 'in the mail'—is not an option. That’s a risk you can’t afford to take.
Kiyosaki and Siedle saw this crisis looming years ago, and thus put forth strategies on how retirees can take control — not only their pensions, but their financial futures.
Kiyosaki writes about the fact that his father, a highly educated man he calls his poor dad, wasn’t poor until he lost his job, his paycheck — and his pension. 'His PHD couldn’t save him,' says Kiyosaki, who has dedicated his life to teaching and financial literacy advocacy. In Who Stole My Pension? the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. The culprits that are looting the pensions of public school teachers, firefighters, police, as well as private sector workers, are on Wall Street. Here are critical questions those with pensions and retirees can ask—and guidance regarding how to act on what they learn.
