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A pension indexed to inflation functions like a stable, high-value investment portfolio.
“And because they have a pension that is indexed to inflation, cost of living adjusted, that essentially means that they have an investment portfolio of millions of dollars and they are being paid out every single month. That's the way a pension works.”
I Will Teach You To Be Rich · Jul 2024 · 1 episode · 472K views on this topicExtracted by a model; may misattribute who said what.