Here is the eighth episode of our podcast series: Money Notes! What is an annuity and do you really need one? In this episode of Money Notes, Nancy and Ryder dive into the idea of an annuity providing a lifetime income, and how that works out in the real world. They discuss the structure and limitations of annuity products such as high fees and surrender charges, which may make them far less desirable than face value.  Download Money Notes Episode 8 - What Is An Annuity?  Subscribe here!