Why Does Clark Howard Hate Annuities? 
Everyone agrees that it is necessary to accumulate money for future use . There are critics of every form of investment . Some very smart people purchase annuities . If there were a convention of people all age 85 , I am confident that you would find that those who moved capital into future savings , whether by using the stock market , an annuity , or hiding the money under the mattress would all say that their way of saving was best . It was certainly best for them . 