Annuities Demystified in 3 Observations

Annuities are insurance products, often used for retirement planning. They're popular with investors who want steady income. But talk about crazy complicated...and all the forms, forms, forms. I have one fifty-page annuity application that comes with its own DVD, which, for the record, doesn't work on a MacBook Air. That's why I took a few minutes to sketch out what annuities are really all about...