The annuity continues to out perform many other competitive investment programs with:
A guarantee that you will never lose the money you invest on fixed programs.
A guarantee that you will have a competitive return every year without losses that the stock market takes.
If you are nearing retirement and looking for an alternative that will have a positive affect for your portfolio, the annuity will sound like a no-lose proposition. Today the average American male lives to 80 and female to 84. There may be medical expenses, travel opportunities and more that can burn though you savings.
Every prospective retiree should know what anuities can provide and why they should be a legitimate part of your retirement plans.