FIA Buyers Keep Getting Younger

July 9, 2015 by Linda Koco

Fixed index annuity (FIA) buyers are getting increasingly younger, according to an analysis of sales data for the first quarter periods in the last four years.

The average age for buyers in first quarter 2015 was 62, with the age range being 47 to 70, according to quarterly FIA sales trends data from Wink Inc.

That may not seem especially “young” in comparison to Millennials, who range from 18 to 34. Click here to read…

Originally Posted at InsuranceNewsNet on July 8, 2015 by Linda Koco.