Ginny Grimsley


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August 15, 2013
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Boomers planning for an American dream retirement

It’s no wonder baby boomers worry about outliving their retirement savings. One out of four 65-year-olds today can expect to live past 90, and if they’re married, one of every four will live even longer. With 10,000 boomers turning 65 every day, it’s a big worry for 26 percent of the U.S. population. “The biggest concern for boomers is living too long, or getting sick, and running out of money,” says Rao K. Garuda, (www.aca-incorp.com), an engineer-turned-independent financial planning advisor specializing in work with seniors, high net worth business owners, and professionals. “The average 65-year-old retires today with $500,000 to …

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The Nevada Appeal Updated Aug 15, 2013 06:27PM Published Aug 15, 2013 06:27PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.