Research Suggests 2 Keys to Solving the Annuity Puzzle

August 8, 2023 by David Blanchett

The relatively low allocation to products that provide income for life (aka annuities) among retirees has been well documented and is commonly dubbed the “annuity puzzle.” Decades of research not only documents the effect (i.e., why retirees should be considering annuities more than they do today) but also offers potential explanations for why the puzzle exists.

I recently reviewed the results of a series of qualitative and quantitative interviews conducted by Prudential, as well as other supporting materials, to better understand what some of the key roadblocks around consumer decisions to purchase an annuity are today.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on August 4, 2023 by David Blanchett.