Variable Annuity Fees What Are The Pros And Cons Of A Variable Annuity?

What are the pros and cons of a variable annuity? - variable annuity fees

My parents (recently retired a certain sum of money significant, but not very large) and recommended a variable annuity through a financial advisor. I've heard that the rents are generally a bad investment, because they make large, would be desirable but with a guaranteed return for them. What are the pros and cons of variable annuities in this situation?