For anyone looking or interested in variable annuities, the ones i own are with the following companies, Prudential, Jackson National Life, Lincoln National Life, Nationwide. While all have wonderful 'living benefits' they work differently son make sure your adviser explains how each works for your individual situation and age. My suggestion is to stay away from equity index annuities. As for someones earlier statement about many people not saving or investing enough earlier its truely amazing how so many do not prepare for their future. I recently had a women meet with me at age 65 how had only 35000 to her name and the bank sent her to me for help, I told her we don't work miracles. Compound interest is an amazing thing run some numbers with your calculator. example, invest 10 years @ 8% $10000. year = $144865. OR wait 5 years and invest @ 8% $24693 year to reach $144865. Moral of story, invest now don't wait for "better time".
