Are you confused about how to actually get your money out of an annuity? One of the biggest and most expensive mistakes retirees make is choosing the wrong payout option. If you choose traditional "annuitization," you are literally giving your money away!

In this video, Shawn Plummer from The Annuity Expert breaks down the critical difference between annuitizing a contract and taking withdrawals. Shawn explains that annuitization means converting your lump sum into an irrevocable stream of income. Once you pull the trigger, there is no turning back—you lose all liquidity, stop earning interest, and forfeit your death benefit!

Instead, Shawn reveals why standard withdrawals or Lifetime Withdrawals are infinitely better. By attaching a Guaranteed Lifetime Withdrawal Benefit (GLWB) to your contract, you get the exact same guarantee of li ...