Much of the criticism of annuities is deserved, and I’ve joined in it. There are annuities that are complicated, charge high fees and have a lot of restrictions. There also are annuities that are sold to the wrong people.
The right annuity, however, can increase your financial security and portfolio returns.
Read more: https://www.forbes.com/sites/bobcarlson/2018/09/25/when-to-replace-bonds-with-annuities/#254c63d7bff7