In this video, Shawn Plummer from The Annuity Expert gives a candid reality check: an annuity is primarily designed as insurance for while you are alive! The absolute best reason to buy an annuity is to contractually guarantee a paycheck for the rest of your life, even if your account balance drops to zero.

Shawn also busts a massive industry myth! Many retirees think that if they don't care about a death benefit, they should just buy a "Life-Only" Immediate Annuity (SPIA) to get the highest payout. But Shawn explains why you must "stress test" that quote! In the current 2026 market, a Fixed Index Annuity with a GLWB (Income Rider) frequently pays a mathematically higher income than a SPIA—and it just happens to still leave a death benefit as a bonus!

👉 Run your own math and "Stress Test" your exact guaranteed lifetime payout right ...