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.
