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Drawbacks on Annuities: The Worst Investment You Can Make?

Average folks, desperate to lock in safe retirement income, are plunking down hundreds of thousands of dollars on annuities. Here’s why that’s worrisome.

Annuities: Risks and Rewards (Slideshow)

More than a quarter of a million people reach retirement age each month. Annuities are one way to alleviate fears of outliving your assets.