Because annuities are controversial products that are often misunderstood, Americans should spend time learning more about them as a retirement option
Even if folks are saving regularly, they don’t really understand how to invest or how to manage their nest egg once retired.
Insurers still aren’t doing enough to modernize the process of buying an annuity.
To understand this question and to get an appropriate answer, we have to recognize where the market is in relation to how each of these tools work.