Annuity Think Tank Acquires Highly Sought After PrivatePension.com
Houston, TX (PRWEB) May 10, 2012
Annuity Think Tank, the #1 site for everything about annuities, announces a strategic buyout of the highly sought after Private Pension website , also known as http://www.privatepension.com. The purchase gives Annuity Think Tank exclusive ownership of PrivatePension.com that will complement the Think Tank’s earlier purchase of PrivatePensionPlan.com. The purchase price was undisclosed to the public.
As the amount of defined benefit pensions slowly become extinct among Fortune 500 companies, more stress than ever before has been placed on achieving lifetime income. Defined benefit pension plans played a crucial role ensuring retirees were able to live comfortably and never had to worry about running out of income.
This pension challenge leaves the beloved baby boomers scratching their heads for safe and secure ways to safeguard a lifetime income stream throughout retirement. As the 10,000 baby boomers hit 65 each day for the next decade, many will be faced with the realization they will run out of money without some contractual guarantees in place. The great news is that private pension plans are alive and well in American. In fact, over $32 billion in assets were placed in private pension plans last year alone. And no group seems to know everything about the private pension plans better than Annuity Think Tank. They have put together excellent pension videos, descriptions, and calculators for any consumer to get educated with.
As more retirees and baby boomers begin their research for lifetime income options, many will already be familiar with the private pension plan concept. That is why Annuity Think Tank made the strategic move to purchase both PrivatePension and PrivatePensionPlan.com.
About Annuity Think Tank
Annuity Think Tank is an independent educational, research, and retirement marketing group specializing in annuities and retirement income. Annuity Think Tank’s vision is to be the first place financial professionals and consumers come to for innovative annuity solutions, unbiased annuity education, annuity research, and the most comprehensive annuity information on the web. Please visit the main site, AnnuityThinkTank.com to view the Think Tank Network of website and to learn more about annuities, basic to advanced annuity concepts, and annuity calculators and white papers. To suggest new annuity or income ideas, please email us at info(at)annuitythinktank(dot)com.