Retirement should not feel like an exercise of surviving on a fixed budget.

You've worked too hard for too long and you've built your nest egg.

Now, it's supposed to fund the lifestyle you want to live.

But there's a massive disconnect happening right now.

There's too many different retirement income strategies.

Do you put your money into the guarantees of an annuity or do you invest it for growth to outpace inflation?

So many different options that you have. The truth is,

too many people are using the wrong strategy because they're using 1990s math for a 2026 retirement.

Today we're going to put the four biggest retirement income strategies head to head. I'm using a

$1 million hypothetical retirement portfolio to show you the impact each of these strategies

would have. So by the end of today's video, you can confidently understand which will be right

for you. Let's take a look at strategy number one. And let's first look at purchasing an annuity.

Now, there are many different types of annuities that you could purchase. For the sake of this

example, I'm going to use something called a single premium immediate annuity.

So what that means is you have a lump sum of money. In this case, a million dollars, you use that to

purchase an annuity contract that immediately starts paying out payments that last for the rest of your

life. So before exploring the pros and cons, let's actually look at what those numbers could look like.

I went to an online calculator and I plugged these numbers in. So this is in no way saying this is the premium or this is the amount that you would receive. This is simply me acting as if I was a 65-year-old male living in California, what would my income amount be? Well, when I went through that calculation, and this is for single life only, so I would get

this money for the rest of my life, the amount was $6,455 per month. On an annual basis, that's about

$77,500 per year. Well, the upside is I put that money in, and I'm getting the equivalent of about

7.75% of what I put in in terms of income. The other upside is that

money lasts for the rest of my life. I don't have to worry about what markets are doing. I don't

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