Who | Buys Annuities

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

: 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

: About 65% of owners are currently retired. : Approximately 70% to 80% of individual annuity

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