Annuity buyers enjoy peace of mind

A new Gallup poll shows that, despite a downturn in the financial markets, a majority of annuity holders feel secure about their retirements. The poll, conducted in partnership with the Committee of Annuity Insurers, revealed that middle-class people rely heavily on annuity products in their retirement planning.

As IRI president Cathy Weatherford explained, “The findings of this poll help to underscore an emerging trend within retirement planning: As more and more Americans begin to take on a renewed responsibility for their retirement security, they are increasingly turning to annuities as the solution to help fund their golden years.”