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If you are unsure how annuities work and why so many people have chosen this popular solution for their portfolios, visit this site for the hidden truth.
A picture of retirement should conjure up happy thoughts, parties with cakes and hugs from co-workers, plans of traveling to unseen parts of our country or foreign lands, but sadly, retirement today for many people is filled with worry, fear and what ifs.
Surveys say that Americans now fear outliving their savings more then death.
"A new study obtained by CNBC says Americans are $6.6 trillion short of what they need to retire."
Many states pension liabilities are underfunded, creating a Trillion Dollar Gap between what is promised and what is available.
Unemployment continues to hover just below 10%. The effect on our economy, tax collections and the country's ability to offer the many promised benefits is one that many do not consider.
It now only takes our country six to seven months to add on $1 trillion of debt.
Caller asks CNBC panel if he should cash in his Indexed Annuity and buy stocks.