Who Buys Annuities 90%

Most annuity buyers share specific demographic and financial traits:

: The median age of current owners is 75 , though many purchased their first contract in their early 50s (average age 51). who buys annuities

: There is growing interest among millennials (ages 34–55) who are increasingly concerned about market volatility and loss protection. Who Should Consider an Annuity? Most annuity buyers share specific demographic and financial

: About 65% of owners are currently retired. who buys annuities

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