Author: N C, 2021-06-23
Generation X Potential Annuity Customers
Have you considered Generation X as potential annuity customers?
Recent research by the Alliance for Lifetime Income found that Gen X (ages 40-55) are interested in Annuities in the absence of company pensions.
In fact, the survey of 1,500 investors revealed, “58% of investors under age 55 embrace annuities as an alternative to pensions, considerably more than their boomer counterparts.” According to protectedincome.org, “The high-level of interest in annuities and protection among younger investors is extraordinary,” said Jean Statler, CEO of the Alliance. “The pandemic triggered a retirement mindset reset, leading to what we see is this incredible demand today for the benefits of protected income solutions.”
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