Ken & Daria Dolan
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5 Dangerous Retirement Myths - Myth 5June 2, 2008 By Ken & Daria Dolan, Dolans.com |
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Fact: Not true! The PBGC doles out only a FRACTION of the actual benefits owed if a company’s pension plan fails.
The PBGC doesn’t cover any of the major benefits like severance, vacation, or sick pay. All those benefits will disappear if your pension collapses.
Bottom line: You need to take charge of your own retirement! Don’t count on the government OR your workplace to be your retirement watchdogs. It’s up to you! (And we’re here to help — see some of our other articles and tools, designed to do just that, below...)
More on taking charge of your retirement:
Don’t let these dangerous myths throw your retirement off track! Retirement planning is often misunderstood and almost never maximized. Yet you can achieve overwhelming success. You just don’t need to FEAR a scrape-by retirement. You don’t need to fear becoming a BURDEN to your family. We’re Ken and Daria Dolan, and we’ve spent over 20 years helping people just like you find real money solutions, build wealth, and live well. Come join us at our new Straight Talk on Your Money service and we’ll show you how you can have a worry free retirement.
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