Who Buys Annuities Link

: Buyers often have a lower tolerance for market risk and prioritize protecting their principal over high growth.

: There is growing interest among millennials (ages 34–55) who are increasingly concerned about market volatility and loss protection. Who Should Consider an Annuity? who buys annuities

Most annuity buyers share specific demographic and financial traits: : Buyers often have a lower tolerance for

: Approximately 70% to 80% of individual annuity owners have household incomes below $100,000. 000. Typical Buyer Profile

Annuities are primarily purchased by individuals seeking to secure guaranteed income for retirement. While often associated with the wealthy, recent data shows the majority of owners are with median household incomes around $79,000. Typical Buyer Profile