This caught my eye; it is in a post by Larry Swedroe in the Bogelheads Theory forum; here is the sentence that I extracted from the article for the reason explained below:
"And let me add this--you should also consider longevity risk as a risk.
IMO one of the most underutilized investments is fixed annuities."
If you want to see the sentence in its full context you can go to this Link. The post in question is the 6th (and currently the last) one it the thread.
The reason I post it is that it is a change of position for Larry as he has tended to down play and actually to bad mouth annuitization. I speak with some confidence on this as I talked to him at some length a bit less than a year ago and the was dead set against any suggestion that I might annuitize part of my T-C investments. Now this is the second change in his philosophy, the first being his change from advocating the REA to actively recommending one withdraw from it.
Interesting.
Ray