Two long-term factors will help make 2013 a boom year for retirement planners, according to George Castineiras, senior vice president of total retirement solutions at Prudential.
First, nearly $18.5 trillion in retirement assets is set to go into play over the next two decades, which means a lot of “money in motion,” he says. In addition, Castineiras was encouraged by the fact that 79 million baby boomers are set to crest the 65 mark for the next 16 years at a rate of nearly 10,000 per day, according to the Pew Research Center.
