A new LIMRA SRI survey reveals that consumers are most worried about running out of money in retirement. NEW YORK CITY – A new LIMRA Secure Retirement Institute (LIMRA SRI) study of annuity owners finds the top two reasons consumers buy annuities are to supplement Social Security/pension income and to receive guaranteed income payments for life. “Our research consistently shows consumers are worried about running out of money in retirement – 67 percent of pre-retirees list having enough money throughout retirement as their top financial goal,” noted Jafor Iqbal, assistant vice president, LIMRA SRI.
“Annuities are fundamentally unique investment products, […]
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