Despite the ongoing recession, one man isn't backing away from his dream of launching a new career as a financial planner. An Associated Press report this week profiled Kyle Kosey of Garner, North Carolina, who decided to start taking courses to become a financial planner after his job was eliminated. The 41-year-old reportedly had experience managing his personal financial portfolio. "I thought, this is an opportunity to take advantage of my dreams," Kosey told the AP. Kosey's career choice may be a sound one when considering projections from the Bureau of Labor Statistics calling for an overall 37 percent jump in demand for financial planners for the coming years. Those who specialize in personal financial planning will actually see a somewhat larger 41 percent jump in demand for their services. The much faster than average growth is expected to be fueled by the pending retirement of Baby Boomers, who will continue to need financial planning services for their portfolios. A shift by companies to make workers more responsible for their own retirement savings is also said to be contributing to the demand for financial planners.  |