Thursday, October 29, 2015

Some CEOs Have A Great Retirement Plan

While Americans under 65 with retirement accounts have saved a median of just $50,000 for retirement, top chief executives have saved an average of more than 900 times that.

The total amount in the 100 largest CEO retirement funds is worth the same amount as all the retirement savings of 41% of American families combined, according to a study released Wednesday by the research and policy analysis firm Center for Effective Government. That means that 100 people now have the same amount shored up for retirement as 116 million people.


You can read the rest @

http://www.marketwatch.com/story/these-100-execs-have-more-retirement-savings-than-40-of-america-combined-2015-10-28

There's selfishness, greed, avarice ... and then there is this.


In a just society, these funds would be seized and used to benefit the poor.

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