published Feb 8, 2018 9:24:23 AM, by Tim Duy (Bloomberg Prophets) — The meltdown on Wall Street in recent days might have an upside: It could help extend the length of the expansion. I had three primary concerns about the extent of the equity rally of 2017 and the beginning

To gain an understanding of annuities, we need to start at the beginning. In the year 1740, the Presbyterian Church began to use annuities in order to aid widows and the priestly order. The simple purpose of an annuity is to ensure that you have a sound financial back up during retirement. Today, there are different kinds of products sold by Insurance companies and agents.