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Annuities are generally classified as "retirement products" that are designed to try to make sure that you don't outlive your money. They aim to do this by creating an income stream for you out of an asset. Beyond this somewhat over simplistic description, there is no question but that annuities can be tricky vehicles to get a fix on. In this video, I will try to provide you with a rough idea of how retirement annuities work -- give you a bird's-eye view, so to speak. Disclaimer: This presentation is for general informational or entertainment purposes only. Nothing herein should be construed as providing specific financial, insurance, investment, retirement, savings, tax, or any other sort of advice. For personalized evaluations and recommendations, consult licensed professionals in your area. For further reading, please visit: http://www.insuranceprescription.com/