Monday, January 02, 2006
Who busted my three-legged stool?
Remember when financial security during retirement rested on a three-legged stool?
One leg, Social Security, is shaky but doesn't matter too much to the HNW market.
The second leg, pensions, is another matter. Many highly-paid executives count on funded and unfunded employer pensions to help support a jet-set retirement lifestyle.
With pensions in jeopardy, that leaves personal savings and investments to carry the retirement load.
Sounds like professional wealth management is a must, wouldn't you say?
Posted by JLM at 9:42 AM