There is a massive misconception in the financial world that commission-based annuities are bad and fee-based annuities are the "fiduciary" choice. In this video, Shawn Plummer from The Annuity Expert gives you the blunt, unfiltered truth: if you are paying an ongoing management fee for a fixed or fixed index annuity, you are getting ripped off!

Shawn breaks down exactly how insurance actuaries design products using the "100 Pennies" rule, explaining why broker commissions are already baked into the product and do not come out of your pocket. He then runs the math to compare a one-time commission paid by the insurance company versus a 1% ongoing advisory fee paid directly out of your retirement savings over a 10-year period.

You will learn why paying a financial advisor to "manage" a contract that only requires 20 minutes of work a ye ...