Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTKit PulliamSat, August 29, 2026 at 3:30 PM GMT+2 5 min readAnnuities are popular with many retirees because they offer what seems to be a guaranteed fixed income for the rest of your life. Financial advisor Suze Orman warns that they might not be as safe a bet as they seem."[An annuity is] subject to the claims paying ability of the issuing company," said Orman on an episode of her podcast, Suze Orman's Women & Money. "Meaning that if the insurer gets in trouble… your guarantee is only as good as their balance sheet."Must ReadJeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being oneDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.