Turn Part of Your Savings Into a Monthly Check for Life — Without Guessing
A plain-English hour on how a single premium immediate annuity (SPIA) really works: what it pays right now, the trade-off nobody explains clearly, and who shouldn't buy one.
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What you'll learn in one hour
- The real numbers, live: what $100,000–$500,000 pays per month at your age from A-rated carriers (October 2026: up to $693/mo per $100,000 at 65).
- The honest trade-off: a SPIA is an exchange — the lump sum becomes the insurer's, the monthly check becomes yours for as long as you live. We'll show when that trade wins and when it doesn't.
- Protecting your people: joint payouts for your spouse, cash-refund and period-certain options so heirs get any unpaid balance.
- Who shouldn't buy one: if you need access to the money, a SPIA is the wrong tool — we'll say so plainly and cover what to look at instead.
- Live Q&A with Phil — 25+ years placing annuities; bring your numbers and your skepticism.
Hosted by Phil Barker, licensed annuity specialist — no product pitch, guarantees explained as backed by the issuing insurer's claims-paying ability.