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Who Buys Annuities -

: About 65% of owners are currently retired.

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

An annuity may be a good fit if you fall into these categories: 5 Things You Should Know About Annuities - AARP : About 65% of owners are currently retired

Most annuity buyers share specific demographic and financial traits: who buys annuities

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

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