Who Buys Annuities <2026 Update>

: About 65% of owners are currently retired.

: The median age of current owners is 75 , though many purchased their first contract in their early 50s (average age 51). who buys annuities

An annuity may be a good fit if you fall into these categories: 5 Things You Should Know About Annuities - AARP : About 65% of owners are currently retired

: Buyers often have a lower tolerance for market risk and prioritize protecting their principal over high growth. who buys annuities