When It Comes to Retirement Planning, One Size Does Not Fit All Part 1: The Safe Withdrawal Rate

An involuntary shift is taking place with the gradual extinction of defined benefit pensions: the individual is being thrust unwittingly into the role of retirement planner. As a firm that specializes in retirement planning, we have been cautioning clients for years about the dangers this represents. Foremost among them is the lack of training and education obtained by most who now must depend on themselves to tackle topics as broad as investment management, risk assessment and management, tax planning and economics, to name but a few.