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

The Psychology of Guaranteed Income in a Rising Interest Rate Environment

As retirees approach their golden years, financial security often becomes the top priority. Many Americans face the difficult decision of determining how to manage their savings to last through retirement. The fear of outliving savings, market volatility, and unpredictable expenses can cause stress and uncertainty, especially during economic downturns. But the desire for a comfortable, … Continue reading The Psychology of Guaranteed Income in a Rising Interest Rate Environment

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

Unprecedented Growth: U.S. Annuities Set Sales Records in 2023

In a striking demonstration of financial resilience and investor confidence, the United States annuity market witnessed unprecedented growth in 2023, marking a historic sales record for the second year running. Data from a comprehensive survey conducted by LIMRA, which accounts for 83% of the market, illuminates this trend. The surge in sales, reaching a total … Continue reading Unprecedented Growth: U.S. Annuities Set Sales Records in 2023

LIMRA: 2023 Insurance Barometer Study

The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of adults aged 18 – 75 in the United States who are at least partly responsible for financial decision making in their households. limra-2023-insurance-barometer-studyDownload

LIMRA Report: Demand Soars For Fixed & Indexed Annuities In First Quarter 2023

The fixed and indexed annuity market has witnessed remarkable growth in the first quarter of 2023, with sales reaching unprecedented levels for the fourth consecutive quarter. According to the First Quarter 2023 Individual Annuity Sales Survey conducted by LIMRA, fixed and indexed annuity sales have experienced substantial increases, driven by favorable market conditions and investor … Continue reading LIMRA Report: Demand Soars For Fixed & Indexed Annuities In First Quarter 2023

LIMRA: Fixed-Rate Deferred Annuity Product Sales Lead The Way In Record-Breaking Second Quarter

August 23rd, 2022: Total U.S. annuity sales increased 16% to $79.4 billion in the second quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey. Fixed-rate deferred (FRD) and registered index-linked (RILA) sales reached an all-time record for the quarter, while fixed index annuity sales fell just short of a record quarter. All content in this … Continue reading LIMRA: Fixed-Rate Deferred Annuity Product Sales Lead The Way In Record-Breaking Second Quarter