ELI5 Pensions - where did the modern pension come from?


Manage episode 251317043 series 2542175
By ELI5 Explain Like I'm Five Podcast. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Why do we have pensions schemes? How did first pension fund come into existence in the 1700s? What did Bernoulli and Scottish Presbyterian priests have to do with it? How can I save $1500 this year with Empower?

... We explain like i'm five!

Thank you to Empower, the sponsor of today's episode. For more info about Empower, visit: empower.me/ELI5

Help more people fund us by leaving a rating on iTunes.

Thank you to the r/explainlikeimfive community as always. This podcast also referenced several blogs and articles including the Sapiens Book, Legacy Trust and Life Insurance KZ.

To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter:


or send us an e-mail:


51 episodes