"In the past year, annuities have become more widely accepted as a vital part of a retirement strategy, according to survey by the Insured Retirement Institute and Cogent Research. Seventy-three percent of annuity owners and 17% of non-owners agreed that annuities are an important part of a retirement strategy, compared to 55% and 8%, respectively a year earlier ... While guaranteed income, advisor recommendation, and tax deferral continue to top the list of reasons to purchase annuities, inflation is becoming an increasing concern for investors. One percent of investors cited inflation protection as a reason to purchase an annuity that year, but that reached 6% this year."

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