Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Here's an interesting article on why some annuities may be good for some people. It's an interview with the head of TIAA.
Annuities: The world's most reviled financial product may save your retirement — QuartzIn a world where defined benefit plans are increasingly rare (pdf), we need better defined contribution alternatives. These need to solve two problems: low saving rates and forcing individuals to shoulder too much risk. To increase saving, Ferguson would like to see more of the standard solutions: easier access to plans, automatically enrolling people in them, mechanically increasing people’s saving rate as they earn more, expanding low-fee investment options, and promoting objective advice.