AnnuityAdvantage Welcomes Positive Economic News for Fixed Annuities, Recommends Near Retirees Dive in to Robust Market
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"Right now, every kind of fixed annuity is seeing an increase in sales," commented
The economic numbers tell a powerful story: sales of all annuities for the second quarter totaled almost
Within the fixed annuities marketplace, fixed indexed annuities have seen the most dramatic jump in total sales, setting new records in four of the last five quarters. According to
All retirement income vehicles have experienced moderate or strong growth in recent years, but fixed annuities clearly take the prize. Economic conditions have been especially conducive to the success of this stable and trustworthy retirement funding option. Fixed annuities offer a little of everything – great upside potential, protection from market downturns and guaranteed lifetime income. With several types from which to choose and a slate of add-ons, such as survivor benefits and income riders, the lure of fixed annuities is compelling.
Nuss concluded: "Consumers are increasingly aware of the need for lifetime income sources; people are living longer than ever before, and the threat of running out of money is not one to take lightly. Fixed annuities provide exactly the kind of insurance necessary to avoid that threat. Today's robust markets and reasonable interest rates are no doubt helping to fuel these fixed annuity sales increases, but any time is a good time to consider fixed annuities as part of a balanced retirement portfolio."
AnnuityAdvantage provides free, convenient, comparison shopping tools for anyone looking to add fixed annuities to their portfolio. The site's listings are assembled and maintained by a team of fixed annuity industry specialists. Prospective purchasers can even receive personalized advice and assistance in choosing the products that are best suited for their needs through AnnuityAdvantage's customer service portal and free annuity shopping service.
About AnnuityAdvantage
Founded in 1999 by veteran financial and retirement planner
Nuss is an active member of the
Learn more at http://www.annuityadvantage.com or call 1-800-239-0356.
SOURCE AnnuityAdvantage.com
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