Survey: Annuities draw interest among transition boomers

04/26/2013 | BenefitsPro.com

According to a new survey, 87% of younger boomers are more interested in financial products that guarantee a 4% return compared to one offering 8% return but with greater market risk. Data also show that while interested in annuities, only 25% of this demographic have one. When asked about their main financial goal ahead of retirement, 29% of respondents said accelerating their savings, 14% said ensuring they don't outlive their savings and 15% said letting their assets grow.

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