DEC 7, 2017
ORIGINAL SOURCE: Jack Bogle Is Worried About U.S. Pensions by Lisa Abramowicz of bloomberg.com on 12/7/17
Jack Bogle CEO founder and retired chief executive of The Vanguard Group knows a thing or two about investing and sees pension bond portfolio's failing to meet the requirements for the next decade from 8% to 3%. “It is almost a given that it will end badly,” he said.
The Vanguard Group with over $4.5 trillion in assets under management. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds(ETFs) in the world after BlackRock's iShares
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