Advisors: Annuities A Great Fit For Middle- And Mass-Affluent, Survey Finds
November 16, 2021 by Annuity News
More than a third of pre-retirees are very worried about running out of money in retirement, according to Secure Retirement Institute research.
Annuities can protect principal and provide guaranteed lifetime income, alleviating pre-retirees’ and retirees’ concerns about their longevity risk. However, while annuities have features uniquely suited to retirement, they are not necessarily appropriate for all retiree and pre-retiree investors.