How do I know if an equity-indexed annuity is right for me?

{"subtitle":"You may consider your risk tolerance, retirement goals and timeline. Ask yourself:","answer":["Am I willing to bear full market risk in some common investment accounts like stocks, stock mutual funds, ETF and 401(k)?","Am I seeking a solution for a steady retirement income? Both fixed index annuities and variable annuity can generate guaranteed Lifetime Income, yet variable annuities have a potential risk of losing principal in exchange for a higher earning potential.","Is a guaranteed interest rate more important to me, with little or no risk of losing the principal?","Am I looking for an immediate retirement income, or can I wait for 5-8 years?","What is your level of risk acceptance?","Are you willing to go through a stock market pullback like we experienced in 2008 and 2020?"]}