Annuity Think Tank Acquires Private Pension Plan Website
Houston, Texas (PRWEB) January 04, 2012
Annuity Think Tank, the #1 site for everything about annuities, announces a strategic buyout of Private Pension Plan, also known as (P3) Retirement Planning. The purchase gives Annuity Think Tank exclusive ownership to P3 consumer videos, the P3 website, and educational retirement calculators. 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 P3 Retirement Planning. 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 Private Pension Plan. An annuity is one of the main types of private pension plans so it only made sense to be able to promote and educate the two concepts in tandem.
About Annuity Think Tank
Annuity Think Tank’s vision is to be the first place advisors and consumers come to for innovative annuity solutions, unbiased annuity education, annuity research, and the most comprehensive annuity information on the web. Consumers interested in learning more about annuities, basic to advanced annuity concepts, and annuity calculators, please visit the consumer site, Theannuitythinktank.com, for more information. To suggest new annuity or income ideas, please email us at info(at)annuitythinktank.com.