During eight five-year periods starting in 1997 through 2004, data shows that the FIAs (Fixed Indexed Annuities) looked at offered an average annualized return of 4.19% to 9.19%, with no negative years. By contrast, an investor in the S&P500 would have seen four positive five-year periods and four negative ones.
Making The Case for Fixed Indexed Annuities
By Kerry Pechter Tue, Aug 24, 2010
Retirement Income Journal
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http://retirementincomejournal.com/issue/august-25-2010/article/making-the-case-for-fixed-indexed-annuities