Survey Team Looks at Who Owns Annuities
January 29, 2020 by Allison Bell
Education may have more of a bearing on who in the United States ends up owning annuities than income does.
Managers of the Longevity Project-Morning Consult Poll have reported data supporting that idea in a collection of results from an online survey of U.S. adults that was conducted in late 2019.
Palisades Media Ventures, a Washington-based company that sets up thought leadership campaigns, organized the Longevity Project together with support from partners such as Principal Financial Group Inc., Wells Fargo-Wealth & Investment Management, Instructure, and Morning Consult.
The list of partners also includes the Stanford Center on Longevity, the Urban Institute, the National Academy of Medicine, and the Milken Institute Center for the Future of Aging.
Ken Stern, the project chair, said Friday, at a press conference in New York, that the goal of the project is to help society grapple with the fact that the average lifespan of people in countries like the United States has doubled in the past 150 years, and that people are much more likely to live to age 100.
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