

Can You Use an Annuity to Cover Essential Retirement Expenses?
Notas del episodio
Are you worried about how you are going to cover your basic living expenses—like groceries, utilities, and housing—once you stop working? What if you could build a permanent safety net that guarantees your essential bills are always paid?
In this video, Shawn Plummer from The Annuity Expert answers whether you can use an annuity specifically to cover your essential expenses in retirement. Shawn explains that this is actually the #1 way we recommend using these products! He breaks down the simple "Income Gap" strategy: First, calculate your total monthly essential expenses. Next, subtract your guaranteed Social Security benefits. Finally, use an annuity to perfectly fill whatever gap is left over!
Shawn also explains how to add a "cushion" or a Cost of Living Adjustment (COLA) rider to combat inflation, and why younger successful people (in their 30s, 40s, and 50s) can use a SPIA to build an unbreakable financial floor. With annuity payouts currently sitting at their highest levels since the 1990s, there is no better time to lock in your essential income!
📊 Run your own math! Calculate exactly how much annuity you need to cover your bills here:
https://www.annuityexpertadvice.com/annuity-calculator-2/
📞 Want a free, customized case design to fill your income gap? Call us for free at: 770-755-1565