 80s and people are still have the scar tissue from that and that's coming into today isn't it it is so we'll talk about three different types of annuities here fixed annuities fixed index annuities and variable annuities okay a fixed annuity is just a percentage right you're getting just like a cd you get a rate that's what it is three percent five percent seven percent whatever fixed index annuity means what we just talked about you get to write an index like an s&p if the sp goes up