The 3-legged Stool Needs Another Leg

Published Updated 2 Min Read

You probably have heard about the three-legged stool approach to retirement planning.  Historically financial planners had advised that retirees could expect to derive their means of support from three sources: Social Security, corporate retirement plans and personal savings. 

It was generally understood that each source of funds was responsible for providing 1/3 of the total living expenses required in retirement. Over the years the three-legged stool approach was modified a bit as a result of:

Robert C. Lawton
President

Robert C. Lawton, AIF, CRPS is the founder and president of Lawton Retirement Plan Consultants, LLC. Mr. Lawton has over 30 years of retirement plan consulting and administration experience and has … Read full bio


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