What Are The Pros And Cons Of A Fixed Annuity? 
Its a matter of your risk appetite . The stock market has average over 7 Percent since its inception . Your first thought is fixed annuity does not make sense . However now add in the thought of losing 55 % percent of your portfolio like the crash in 2008 . Now the fixed rate would not have lost any principle . Ask yourself do you have the stomach for a fixed rate or the movement of non fixed instrument . 