Stocks and Investing Stocks and Investing
Thu, February 13, 2025

Can You Comfortably Retire Without Private Prison Investing?


Published on 2025-02-13 08:21:10 - Forbes
  Print publication without navigation

  • Private prison investing can mean different things. Investors are often supporting private prison investing without knowing it.

The article from Forbes, published on February 13, 2025, by J. Brewer, discusses the ethical and financial considerations of investing in private prisons for retirement. It explores the debate around whether one can achieve a comfortable retirement without relying on investments in controversial sectors like private prisons. The piece highlights the growing movement towards socially responsible investing (SRI), where investors avoid companies involved in activities deemed unethical, including private prisons. It notes that while private prison investments might offer high returns due to government contracts, there's increasing pressure from activists and ethical investors to divest from such entities. The article also touches on alternative investment options that align with ethical standards, suggesting that with careful planning and a diversified portfolio, it is indeed possible to retire comfortably without compromising one's values. However, it acknowledges the challenge of balancing financial goals with moral considerations, especially given the historical performance of private prison stocks.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/jbrewer/2025/02/13/can-you-comfortably-retire-without-private-prison-investing/ ]
Contributing Sources