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Nearly every state in the country has made cuts to public employee pensions. Unfortunately, the cuts do not make a dent in the nearly $1 trllion shortfall. How did the country get into this situation, and how does this affect the economy and your bottom line? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to examine the pension crisis affecting every state and how it will impact you.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: cash, economy, expense, financial advisor, money, pension crisis, retirement, wealth management
