Business Week just released this article that points out the drawbacks of using annuities for guaranteed income in retirement.
Never forget to consider whether the additional expenses charged for a guarantee are worth the cost.
It all just depends on how much you have, what you need it to do and how long it has to last. In the end, buying an annuity is an intensely personal decision.
We discuss variable annuities in detail on the site and in our Free Reports