Welcome to Pros and Cons Of Annuities, the goal and purpose of this site is to provide a realistic and informative look at the different kinds of annuities and the advantages as well as the disadvantages associated with owning annuities for retirement or investment purposes. The information provided on this site is designed to present and arm our visitors with the basic understanding of how annuities work and how they function differently. There are many kind s of annuities available, but how and when they are implemented depends on ones particular needs presently and in the future.