Why Fixed Annuities Are Good? 
An annuity is the only financial instrument that will pay a guaranteed income for the rest of your life . A fixed annuity has an established guaranteed rate of interest . There isnt any risk of losing money in a fixed annuity . Fixed annuities actually pay a current rate of interest which is normally higher than the guaranteed rate . There is a tendency for that rate to mirror market conditions and remain competitive . There are many annuities that have been written where the guaranteed rate exceeds the current rate making them exceptionally good investments . 