Can a Lifetime Annuity Run Out?

Are you considering purchasing a lifetime annuity to secure your retirement, but secretly wondering if your money can ever run out? The answer depends entirely on whether you are asking about your actual account balance or your monthly paycheck. In this unfiltered video, Shawn from The Annuity Expert breaks down exactly what happens to your money inside a lifetime annuity. Shawn explains the critical difference between your "account value" and your "guaranteed lifetime income." If you purchase a deferred annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB), your initial principal is used to pay you back over time. Yes, your account value can and often will eventually drop to zero. However, your monthly paycheck is contractually guaranteed never to run out. Shawn also warns against traditional annuitization—where you permanently hand over your money to the insurance company and lose all cash value and death benefits immediately. By using a fixed or fixed index annuity with a GLWB instead, you maintain control of your principal, continue earning interest, and guarantee that the insurance company will continue paying your lifetime income out of their own pockets once your personal account value is completely depleted. 👉 https://www.annuityexpertadvice.com/rates/annuity/lifetime 📞 Call our team for free, no-obligation advice to find the right lifetime annuity rates at: 770-755-1565 ⏱️ Video Chapters: 0:00 - Intro: Can a lifetime annuity run out of money? 0:16 - The critical difference between your account value and your paycheck 0:24 - The dangers of annuitization (Losing your cash value) 0:42 - The GLWB Strategy: Contractually guaranteed income for life 1:16 - Will your lifetime income checks ever stop? 1:43 - The one exception: Joint survivor payout reductions 2:01 - What actually happens when your account value hits zero? 2:23 - Recap: The two ways to look at "running out of money" 2:59 - Final Verdict: How to get a free, pressure-free quote