The daunting risks of the American retirement crisis call for fiduciary financial advice — financial guidance that’s legally obligated to put investor needs first. In 1983, 62% of private sector employees had a defined benefit pension plan. In 2010, that number was down to 19% as corporations moved to defined contribution plans like the 401(k). Financial planning risks that were largely handled by professional pension plan fiduciaries have almost entirely been handed over to individuals. Many of these individuals are either attempting to manage these risks on their own or turning to financial salespeople who have no fiduciary duty and are incentivized to sell generally “suitable” products. The results are a financial planning wake-up call.