Should I Buy a SPIA or a GLWB Annuity?

Are you trying to guarantee a permanent paycheck for your retirement, but you aren't sure whether to choose a SPIA (Single Premium Immediate Annuity) or a Fixed Index Annuity with a GLWB (Guaranteed Lifetime Withdrawal Benefit)? If you pick the wrong one, you could permanently lose control of your life savings!

In this video, Shawn Plummer from The Annuity Expert gives a brutally honest breakdown of the SPIA vs. GLWB debate. Shawn reveals why he recommends a GLWB 98% of the time! A GLWB provides a similar (or even higher) payout than a SPIA, while allowing you to maintain total control of your money, earn interest, and guarantee a lump-sum death benefit for your family. Conversely, a SPIA is a rigid "one-trick pony" that forces you to hand your hard-earned cash over to the insurance company forever.

However, Shawn also explains the one rare exception where a SPIA is actually the smarter choice: if you are retiring before age 59 ½ and need to avoid the IRS 10% early withdrawal penalty!

📊 Run the math yourself! Compare your guaranteed SPIA and GLWB payouts anonymously right here:

https://www.annuityexpertadvice.com/annuity-calculator-2/

📞 Want a free, apples-to-apples comparison to see which payout is higher for you? Call us for free at: 770-755-1565

⏱️ Video Chapters:

0:00 - Intro: Should I buy a SPIA or a GLWB annuity?

0:10 - The 98% Rule: Why GLWBs are infinitely better

0:20 - The massive benefits of a GLWB (Control, growth, and death benefits)

1:11 - The SPIA Trap: Why you shouldn't give your money to the insurance company

1:42 - Exception 1: What if a SPIA pays astronomically higher?

1:55 - Exception 2: Retiring under age 59 ½ (Avoiding the IRS penalty)

2:36 - How to get a free side-by-side comparison from The Annuity Expert