If you have $400,000 saved up for retirement, exactly how much guaranteed monthly income will that buy you? Over 4,000 people have asked us this exact question recently, and the answer depends heavily on your age, how long you defer the money, and the type of payout structure you choose!

In this video, Shawn Plummer from The Annuity Expert runs the live math to show you exactly how much a $400,000 annuity pays per month. Shawn breaks down immediate income scenarios for ages 60 through 75, and then demonstrates the massive power of deferral. For example, you'll see how a 55-year-old deferring $400,000 for just five years can lock in over $41,000 a year for life!

You will also learn the critical differences between the four main types of annuity payouts: Level (fixed), Joint (spousal), Increasing (inflation-protected), and Advanced (fro ...