[Packer Fan]

So we are on page 3 of a typical annuity stream on the internet. First the haters who have never actually researched anything, then those who
Parrot “not a good investment” when it isn’t an investment at all, finally those who own one type of annuity but don’t understand the other types. And of course those who whine about the commissions (same people who paid $300k for a view of a marsh and never batted an eye about the huge real estate commission, I guess insurance agents are not supposed to eat), when they have zero to do with the question. At this point the poor original poster has no answer to his question.
So there are several type of annuities- MYGA, SPIA, DIA, VA, FIA, and now Hybrids. They are insurance contracts, not investments, but some act like investments. I own a VA and an FIA both with income riders (that’s why I bought them for guaranteed income)
NO way I am going to explain Hybrid annuities here but I will tell you it is like a fixed index annuity without the good part of your money never goes down. I would stay away. That said, you have to figure out what you want the annuity to do THEN look at the product.
I highly recommend you educate yourself by buying and reading Everything Wade Pfau ever wrote but start with safety first investing. He also has a bunch of stuff where he has been interviewed on YouTube-do a search. Also, you can watch “Stan the annuity man” on YouTube even though I don’t agree with everything he says he gives a good education.
The last thing you should do is listen to the people on here