If some day you do reach the happy position of achieving your retirement savings objectives, you can reduce stress even further by putting some of that money into a low-cost annuity that will guarantee you a certain level of income for the rest of your life (options that cover a surviving spouse, or are indexed for inflation, are available but reduce annual income).

FORBES: Retirement

There are some money management firms, particularly variable annuity insurance companies that have pursued this marketing course to a level of absurdity.

FORBES: Everyone Wants Kool Aid: Pruning the Money Management Tree (October 29, 2008)

The court decided the insurer had wrongly reneged on its obligation to pay a guaranteed level of income to 90, 000 holders of special policies called Guaranteed Annuity Policies.

BBC: Equitable drops directors claim