Many investors lost a great deal of money in the recent recession, and some, unfortunately, saw their retirement portfolios dwindle to almost nothing. Many who are at or near retirement age are looking to rebuild through safer investments. Now, there are number of ways in which you can ensure the safety of your investments. You can park your money under the mattress, put it in money market fund or invest in US bonds. One of the investment vehicles that has gained popularity in the recent past is annuities. But are annuities the answer? Many investors are still somewhat uncertain about what annuities are and if annuities are the answer to the safety of retirement savings. To clear the confusion here is a simple guide to annuity.