We seek to solve a difficult challenge of unusual importance.

You can expect to live longer than any previous generation, a fortunate condition that comes with a consequence. Social Security, conceived as a safety net but now the largest source of retirement income for most Americans, is projected to become insolvent about 14 years before the youngest Baby Boomer reaches an age sufficient to collect benefits. Private sector employers are moving briskly away from traditional defined benefit pension plans, converting to defined contribution retirement plans that shift investment risk to employees. In lieu of steady retirement income sources, 401(k)’s, other defined contribution retirement plans, and Individual Retirement Accounts have proliferated to bridge the savings gap that lies between the future’s absence of traditional “fixed” retirement income and society’s increased life span.

Unlike any other time in the past, these retirement savings plans depend heavily on the stock market; but stocks produce little in the way of dividend income to meet retirement needs.

Most Americans simply will not be able to afford the implied promise of retirement. Even those having substantial working income and savings capability
will be significantly encumbered should the current stocks-for-retirement proposition of 401(k) and other tax-advantaged savings schemes fail to work out as planned. Some will philosophically attribute failure to themselves. Others will lay fault with government. Still others will blame their employer-sponsored retirement plan.

Retirement Consulting Group offers public and private sector retirement plan sponsors and their employees thoughtful, comprehensive investment consulting, including investment manager search and selection, portfolio construction, performance measurement, ongoing education, and investment advice.

We provide insightful investment consulting to a diverse client base consistent with our no conflicts of interest policy.