U.S. Annuity Market Achieves Unprecedented Growth: What It Means for Your Retirement

The U.S. annuity market has demonstrated remarkable resilience and growth, with sales consistently breaking records. A recent report from LIMRA highlights this robust performance, indicating that U.S. annuity sales have surpassed $100 billion for the seventh consecutive quarter [1]. This sustained growth underscores the increasing importance of annuities in modern retirement planning. Record-Breaking Sales Figures … Continue reading U.S. Annuity Market Achieves Unprecedented Growth: What It Means for Your Retirement

LIMRA: 2024 Annuity Sales Shatter Records

In a year marked by market uncertainty, demographic shifts, and a growing demand for guaranteed income, annuities emerged as a clear winner. According to LIMRA’s latest report, total U.S. retail annuity sales soared to $434.1 billion in 2024, setting a new all-time record and reflecting a 13% increase from the previous year. This is the … Continue reading LIMRA: 2024 Annuity Sales Shatter Records

Unveiling the Truth: Debunking Common Myths About Annuities

Retirement planning can confusing and overwhelming, filled with an array of financial products and strategies. Among these options, annuities often find themselves shrouded in misconceptions. These misunderstandings can lead individuals to overlook the potential benefits that annuities can offer in securing a stable and comfortable retirement. MYTH #1: ANNUITIES ARE LOADED WITH HIDDEN FEES FACT: … Continue reading Unveiling the Truth: Debunking Common Myths About Annuities

LIMRA Reports: First Quarter 2024 Marks Record Surge in U.S. Annuity Sales

In the initial quarter of 2024, the United States witnessed a remarkable surge in annuity sales, totaling $113.5 billion. This figure represents a substantial 21% increase from the previous year's results, approaching the record-high quarterly sales achieved in the final quarter of 2023. These findings stem from the latest insights provided by LIMRA's U.S. Individual … Continue reading LIMRA Reports: First Quarter 2024 Marks Record Surge in U.S. Annuity Sales