In this completely unfiltered video, Shawn from The Annuity Expert explains exactly what a split annuity strategy is and why it rarely makes mathematical sense in today’s annuity landscape. Historically, a split annuity involved taking a lump sum and dividing it between two separate contracts: funding a short-term immediate annuity (SPIA) to generate income for the first 5 years, while putting the rest of your money into a deferred annuity to grow and theoretically replenish your principal by Year 6.

While this "bucket approach" used to make sense, Shawn breaks down why it is largely an outdated strategy today. Instead of juggling two separate contracts, retirees can now secure a single "advanced payout annuity." These modern contracts offer a massive, contractually guaranteed payout for the first 10 years, which is the perfect strategy to  ...