Annuities are contracts....Correct?
If you know what the contractual guarantee is and you know when it will begin paying, how can annuities be bad? (specifically SPIAs)
For a guaranteed income (not a growth investment tool) I believe annuities definitely have a place for many people.
You will not lose money like you may with most other "investment" options linked to markets.
High expense rates. Any professional financial planner will advise to avoid them
Find some good proven dividend stocks ( commodities) and some tax free bonds and some metals ( 5 to 10 per cent) The market is tanking and there will be some good deals in a few months. Just think long term and dont freak out if watch every day as market s volatile