Content - http://www.youtube.com/watch?v=n9i4mPufpD4 <br /><br />Annuity as a term is gotten from the Latin word annus which is a medium of investment that can be compared to Certificate of Deposits which banks give. In unambiguous language, you can call annuity income. <br /><br />To take it a step further, annuity can be said to be that purchased guiding principle that pays a fixed sum of benefits once a year for the life of the person or for a term of years. Lots of people dont want to retire and not have money coming in, thats the major reason why they buy annuities. <br /><br />Conclusively, you should also consult with an insurance agent before making the final buying decision. <br /><br />Enter your Zip for free access and find out if an annuity is right for your retirement portfolio. Visit http://FindAnnuities.com/compare