Annuityace.com Offers Financial Planning Service for Retiring Workforce
According to statistics recently released, by the year 2030, 70 million Americans will be 65 years of age or older, making up 20-25% of the US population. While the average baby boomer is predicted to retire with $500,000-$1,000,000 in assets, in this low rate environment even $1M + can easily be outlived, even with modest annual spending. Only the extremely frugal or the extremely wealthy can afford to ignore the need for a continuing source of income into their retirement years, says Nathaniel Pulsifer, owner of AnuityAce.com.