The Popular Rise of Lifetime Income on Annuities
September 16, 2025 by Raymond James
Annuities can provide a guaranteed lifetime income stream in retirement, no matter how long you live. They thrive under high interest rate environments and are currently offering the highest payouts seen in years.
Recent market trends have led to a surge in their popularity. The cause – which resulted in record total U.S. retail annuity sales of $385.4 billion in 2023 and $106.7 billion in the first quarter of 2024 – can be traced back to the COVID-19 pandemic. Just before that, the market had reached its all-time peak. Then the after-effects brought about record-high inflation, rumors of impending recession and unprecedented market volatility.
Wink’s Moore on the Market: Raymond James wants you to know about annuities.
They do a pretty good job at explaining them too! -sjm
