Tag: Jackson National

person's hand putting coin into piggy bank next to decreasing sized coin stacks

A longstanding puzzle in the economics of insurance, household finance, and public policy is why so few individuals annuitize their wealth.  This paper describes results from a recent survey of people with investable assets over $100,000 that included a randomized control trial module eliciting individuals’ valuations for a simple immediate annuity, as well as whether…