Are you considering a "Life-Only" annuity because it offers the absolute highest monthly payout? Before you sign the contract, you need to understand exactly what happens to your life savings if you pass away early!

In this video, Shawn Plummer from The Annuity Expert gives a brutally honest breakdown of how Life-Only annuities actually work. Shawn explains the concept of "annuitization"—the irrevocable process of trading your lump sum for a guaranteed stream of income. While a Life-Only payout structure will guarantee you the highest possible paycheck for as long as you live, there is a massive catch: if you get hit by a bus in year five, the insurance company keeps every single penny of your remaining money, leaving zero death benefit for your family!

But don't panic! Shawn reveals three brilliant workarounds to protect your heirs. ...