Your retirement savings are supposed to be the safest money you’ll ever have — not a roll of the dice. The whole point of a 401(k) and other retirement plans is to let you gradually build wealth that brings economic security in your golden years.

But private equity firms are itching to lure retirement savers into Wall Street’s casino. Anyone who wants a secure retirement should recall what Las Vegas tourists inevitably learn: the house always wins.

Private equity is a business model built on raising money from big, sophisticated institutional investors like pension funds, endowments, and insurance companies — then buying companies to flip them for profit.

It works out well for Wall Street executives who pocket enormous fees, but it often leaves companies and workers in ruins.

The post Don’t Let Wall Street Gamble With Your Golden Years appeared first on PopularResistance.Org.

This post was originally published on PopularResistance.Org.