Pandemic, Volatility Spur Interest in Annuities

The COVID-19 pandemic and the resulting changes in our lives has put physical, emotional and financial stress on a significant portion of the population, particularly seniors. A recent survey found nearly half of currently employed Americans between the ages of 56 and 75 polled said they were uncertain about when they would be able to retire as a result of the pandemic. As you may recall when the pandemic first took hold, the stock market plummeted, but has since been on a tear. This volatility has made things even more uncertain for retirees and people approaching retirement, as reflected by…

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