The anode rod is a metal rod inside your water heater tank that corrodes on purpose so the tank does not. When it is used up, the tank starts rusting from the inside. That means rusty water, rotten egg smell (from magnesium rods reacting with bacteria), and eventually a leaking tank that needs full replacement. Checking and replacing the anode rod every 3-5 years is the single best thing you can do to extend a water heater's life. A $20-30 part can add 5+ years to a $1,000+ appliance.