![The Sudden Growth of Annuity Sales [Why Investors are Climbing Aboard the Annuity Train]](https://i1.wp.com/www.figmarketing.com/blog/wp-content/uploads/2022/06/BLOG-AnnuitiesOnTheRise-Header.png?resize=1170%2C682&ssl=1)
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.
Annuity myths have circulated inside financial (and client) circles for years. From misconceptions about what annuities are or how annuities address client issues, those who explore annuities for retirement planning may have…
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