I hate annuities. More and more, I hear the stories and I just want to scream. They are not bought, they are sold. and boy they are sold hard. You go into your bank or credit union, they are sold. Retiring, they are sold even though the account is already tax deferred. They are sold to little old ladies who lock away their emergency money. They are sold to long time workers who walk into their local credit union. They are sold to doctors, accountants, widows etc.