Working With Your Clients To Solve The Annuity Puzzle

June 22, 2022 by Eric Henderson

There’s no doubt about it—annuities are hot right now: in March 2022, LIMRA reported record-high annuity sales, with total sales in the U.S. increasing 4% to $63.6 billion between Q1 2021 and Q1 2022, and fixed indexed annuity (FIA) sales up 14% over Q1 2022. Options like FIAs are an increasingly attractive retirement planning solution, offering principal protection and steady growth.

Nationwide’s Advisor Authority study found that 89% of advisors say they are likely to choose an annuity to protect against outliving their savings, however just over half (58%) of investors say the same. So, what is holding them back?

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Originally Posted at Financial Advisor on June 15, 2022 by Eric Henderson.