[joesbucks]

Dave Ramsey says to expect 12% returns over time. What was this pension fund invested in to only get 1.5% and target only 6%?

[taildragger]

"Dave Ramsey says to expect 12% returns over time. What was this pension fund invested in to only get 1.5% and target only 6%?"

I can't speak for Mr Ramsey, however I'd like to know if this pension is following a "De-Risking" strategy that many Corporations with Pension Legacy Cost issues are utilizing to reduce this cost. One strategy is not to promise the world and essentially invest in Corporate bonds and use them to fund up and coming retirees if you will. It is a multi step process Google it and learn more about this subject, it is interesting..

https://www.shrm.org/publications/hrmagazine/editorialcontent/2016/0216/pages/0216-pension-de-risking.aspx

[Nailbiter]

What was this pension fund invested in to only get 1.5% and target only 6%?

Democrats

[george76]

PERA’s assumed investment rate of return of 7.5 percent.

Short by 6 percent.

[goodnesswins]

Ramsey said that? 12%?? Unrealistic!