In this video, Shawn Plummer from The Annuity Expert gives a brutally honest breakdown of why you must protect your wealth before you ever sign an annuitization contract! When you "annuitize," you permanently surrender your lump sum to the insurance company. If you try to add a death benefit (like a cash refund), the carrier will severely lower your monthly income.

To beat the system, Shawn reveals his ultimate "Combo Strategy": If you need maximum income, select a "Life Only" SPIA for the absolute highest payout. Then, take a tiny fraction of that income and purchase a cheap Term Life Insurance policy equal to your original lump sum! This guarantees you never run out of money while alive, and guarantees your family receives a massive, tax-free inheritance when you die! Shawn also explains why you should always "stress test" your annuitizat ...