Who Buys Annuities – Bonus Inside

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

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

: The median age of current owners is 75 , though many purchased their first contract in their early 50s (average age 51). : Buyers often have a lower tolerance for

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 000. Typical Buyer Profile