Are Annuities Bad? Why Your 'Guaranteed' Income Strategy Might Be a Retirement Trap

Frank L Day

Published on: 25/03/2026

To some, they are the holy grail of "sleep-well-at-night" finance. To others, they’re a high-commission trap designed to line a broker’s pockets while your money sits in a digital dungeon for a decade. So, which is it? Are annuities bad?