The very thought of retiring appeals to many hardworking persons including me. They think of it as a time of freedom from responsibilities. It is time for having recreation and fun, doing anything that pleases you. Many plan their retirement by buying Pension plans or retirement plans during their working years. Ten years ago, I availed myself of an insurance plan that has guaranteed annuities. An annuity is a policy program that is very popular with many consumers. When it is time for retirement,, an annuity provides a guaranteed flow of income. I believe that the plan I got has fixed annuities meaning that I am guaranteed of regular income including the principal and interest. I hope I could retire soon to enjoy all these benefits.