4 reasons why critics tell you not to buy annuities

Retirement is beginning to pose a lot of challenges for baby boomers. Few feel prepared to cover basic life or medical expenses, let alone have enough funds for a comfortable retirement. Those looking to retire should consider other options outside of traditional investments, such as stocks, bonds or mutual funds. Besides the historically lower interest and averages of returns, the market has had too many fluctuations for these products to work as successfully.