When we mention the word “annuity,” we’re talking about an insurance contract designed to pay out invested funds in a fixed income stream in the future.  The thing is, not all financial advisors recommend them.  The reasons they often give are excessive fees, inferior rate-of-return potential, or limited liquidity.  But Morningstar’s David Blanchett says failing to discuss annuities as an option is a breach of their fiduciary duty.  In other words, they’re not acting in a client’s best interests.  Hear John's your stance on annuities and how he can help you NOT run out of money!