The trend of using fixed annuity products to create a secure retirement plan is catching on. Each quarter, year-by-year, the popularity of fixed annuities has increased and in-turn overall fixed annuity sales are on the rise. Fixed annuities are able to deliver a consistent stream of income over a long period of time and can help provide financial peace of mind while moving into retirement.
According to the latest individual annuity sales estimates from LIMRA Secure Retirement Institute (LIMRA SRI), total fixed annuity sales hit $25.2 billion in the second quarter of 2014, up 34 percent from the same period last year. For more information on the growing popularity of fixed annuities, reference the following article: Why Fixed Annuities Are Smokin’ Hot
To learn more or get answers to your annuity questions, visit AnnuityAdvantage or give us a call at 1-800-239-0356.