If your wondering how to sell annuities, start with the older generation. Not only are the more mature crowd the largest controllers of the wealth; they’re also the ones who are facing retirement sooner and will be more likely prospects. People older than 50 make up only 25 percent of the population, but they control 75 percent of the wealth. It makes sense. They’ve had the time to work hard for themselves building acuity. They’re also either in retirement or facing retirement and are the most likely to consider annuities as a source of financial security.
People who are in their 50’s, 60’s, or 70’s have probably paid off their mortgage. The kids have left the nest. They’ve contributed to 401ks, IRAs, certificates of deposit. Perhaps, they’ve recently lost a lot in the stock market and are looking for something that can provide them a more solid financial security.
This accumulated wealth is a financial trove to annuity sellers, especially those that can deliver. Older people generally tend to look towards the performance and reliability of their assets. Provide them annuities that perform, and they’ll stick with you for a long duration.
Often, older people will have too much money in low interest checking or savings accounts. Annuities, on the other hand, enable these older clients to get the most performance out of their money without losing a lot to taxes. Annuities provide a guaranteed stream of income, which can be very helpful considering the economic turmoil the world is currently experiencing.
For those wondering how to sell annuities, direct mailing is a wonderful place to start. It’s one of the best methods that create a steady flow of prospects, keeping the money and the connections coming in. The success of annuity selling is absolutely contingent on the number of prospects in the pool. Those who can make sales and establish prospect connections enjoy lucrative careers.
Selling annuities is part of the greater building of a relationship, one centered on trust in mutual benefits. You are helping people establish security in the golden years of their lives, providing them the means to live happily long after retirement. Life is too good to ever wonder if you’ll live longer than your savings will last. When you sell annuities, you help people retire at ease with a peace of mind that security will last.






