Why You Shouldn't Buy or Consider an Annuity

An annuity is not something that you should be doing at the age of 45, says KT. Kathy Lee: I'm just using my gut on Kathy Lee. This one, she's only 45. Is that a little too early to even buy or consider an annuity? There's lots of... Isn't it? All annuities, however, the money is in an old 403b, all right? So the truth of the matter is they shouldn't do it, but you don't know why.