![The Sudden Growth of Annuity Sales [Why Investors are Climbing Aboard the Annuity Train]](https://www.figmarketing.com/blog/wp-content/uploads/2022/06/BLOG-AnnuitiesOnTheRise-Header-1170x682.png)
Did you know that annuity sales are on the rise? The Secure Retirement Institute (SRI) released its U.S. Individual Annuity Sales Survey identifying a record in annuity sales. These sales were up 14% over the first quarter of 2021 at $35.2 billion.
The increase comes on the heels of woeful annuity sales in 2020 at the height of the pandemic when markets nose-dived by 30% alongside threats of a total economic shutdown.