Why Are Fixed Index Annuities Bad? 
They arent . A fixed annuity is merely a plan that has been developed . It might be perfect for your situation or might not fit at all . There isnt any investment risk in a fixed annuity . That suits many . There is an inflation risk which could concern some ; however , that hasnt been a big issue recently . The benefit is that the earnings of the annuity are tax deferred which allows them to grow faster than if you were paying taxes on the earnings . Ultimately , they can provide you with a guaranteed income that you can not outlive . 