When people think about retirement, they usually think about saving  money. But the real question most families face is: “How do I turn my savings into income that lasts as long as I do?” That’s where annuities come in. Annuities are among the most misunderstood financial tools, often discussed, rarely explained well. So let’s break them down in a simple, easy-to-understand way. 1. An Annuity Is… a Way to Create Income for Life Think of an annuity as a financial product that