Why Do People Hate Annuities?

Annuities are touted as the be-all-end-all answer for retirees looking to generate guaranteed income for the rest of their lives. But annuities are making headlines for all the wrong reasons now because many are downright dangerous to your wealth. Fiduciary advisor, Eric Lai sets the record straight. He explains how aggressive sales people peddle annuities, and how consumers of all ages are getting burned.