Pension Problem in Hollywood

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 11 November 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you are depending upon a pension for your retirement security, you need to fully understand what “gross malpractice, generally practiced” means. Today’s guests will discuss how actors in Hollywood are discovering that their pensions aren’t delivering as they had been promised due to looting and mismanagement.
One of today’s guests, Pete Antico, Actor, Stuntman, and 2017 SAG-AFTRA Presidential candidate says, “It is a deceptive practice to boast about gains in an agreement when the liabilities of that same agreement are withheld.”
Ted Siedle, Co-Author of Who Stole My Pension says, “The people responsible for overseeing the pension are utterly lacking relevant financial experience. They either don’t know or don’t care about what’s best for your pension.”
Hosts Robert and Kim Kiyosaki and guests Ted Siedle and Pete Antico are sounding the alarm about growing pension secrecy and how less transparency in pensions results in less accountability and greater looting.
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Transcript

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0:00.0	Did you hear about Rich Dad's new podcast, Melania Money?
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1:28.0	Corporate Direct is owned and operated by attorney and Rich Dad advisor, Garrett Sutton.
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1:58.0	This is the Rich Dad Radio Show, the good news and bad news about money.
2:03.0	Here's Robert Kiyosaki.
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