We’ve all heard the rather arrogant old billionaire who hates annuities and thinks you should too! It must be nice to be a billionaire, and not worry at all about things like guarantees, safety of principal, protection form market declines, and protection for heirs. The truth is, annuities aren’t made for billionaires, and no billionaire can truly understand why you want actual guarantees and simplicity in your financial plan. Today, we’ll define and clarify the different types of annuities and make things simple so that you can see if an annuity is right for you, and if so, which type? You don't want to miss today's fact-filled show. MASTERING MONEY is on the air!!