Artist Retirement Alternative

April 16, 2014 at 2:28 pm Leave a comment

I found an interesting article on CNN.com entitled “Artists Paint Their Way to Retirement” by Jason Sanchez and located at http://money.cnn.com/2014/04/16/smallbusiness/artist-pension-fund-retirement/index.html. It is important to note that, assuming the reporting is accurate, that this is not a true pension fund. It should not be mistaken with a qualified plan, and I am certainly not advocating its use. I actually think the deal seems particularly bad for the artists, but I did think it was interesting to share what was out there. Personally, I think a traditional retirement account route would be better, but since the artists hand over their own art rather than cash, it’s a gamble they are apparently willing to make.

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

@ChristineGurney

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