A Pension Plan for the Creative Class

The New York Times: For many artists, building castles in the sky would be a fair way to describe retirement planning.

Ten years ago, the New York-based program Artist Pension Trust contacted artists with this unusual idea: Give us some of your artworks as assets and rather than sell them as soon as possible, as a gallery would, we will hold them for future sale, probably at least for 10 years. In this way, artists could invest in their future security and benefit from a potential increase in the value of their work.