Annuities are one of the building blocks of a worry-free retirement. Part investment and part insurance, these financial contracts convert portions of your life savings into guaranteed income. This book is your cheat sheet for discovering how annuities work, which types are right for you, and where these predictable income generators fit into your portfolio. You'll learn to ask the right questions as you talk to annuity sellers and manage your taxes when you're in the game. Use annuities as part of your financial strategy for retiring with the help of this easy-to-use Dummies guide. Inside…, Understanding annuity types, Discovering how annuities work, Assessing retirement risks, Managing taxes with annuities, Creating guaranteed income, Sizing up annuity sales pitches, Avoiding annuity pitfalls