 Last year, $385 billion went to annuities. The question is, why? If they are bad, why did that happen? Well, it's real simple. We've talked about this on the show. How many studies, Vanguard, Fidelity, have done these studies that basically ask retirees, if you could have anything in retirement, what would it be? And the answer is always the same. Guaranteed income, I wish I had a pension.