In May, Anthony Isola (Twitter: @ATeachMoment), head of the Educator/403(b) Division at Ritholtz Wealth Management, sketched what he himself admitted was a "semi-barbaric" version of a retirement pyramid. He was inspired, he said, by a Wall Street Journal column written by Benjamin Harris (Twitter: @econ_harris), a visiting associate professor at the Kellogg School of Management and former chief economist to Vice President Joe Biden.
“Imagine if Americans had a retirement pyramid on their refrigerator,” Mr. Isola wrote on his personal blog, A Teachable Moment. "Sadly, we have a food pyramid (which most of us ignore), but no evidence-based guidelines for our retirements."
Josh Brown (Twitter: @reformedbroker), the CEO of Ritholtz, then tweeted a picture of Mr. Isola's pyramid, along with a challenge to artists everywhere to take a crack at reconceptualizing Mr. Isola's proposed hierarchy.
Our colleagues at Financial Planning magazine accepted that challenge and, now, so have we. We reached out to our friends at Financial Planning to ask if they'd be up for a little friendly competition. They are.
So, now it's up to you. Cast your vote for the retirement pyramid you like best: InvestmentNews' or Financial Planning's.
Oh, and btw, the challenge included making a 70's-80's punk band reference.