“Fun With Annuities” The Annuity Man Podcast The Annuity Man
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Fun With Annuities® Podcast is hosted by America’s Annuity Agent, Stan The Annuity Man®. Hear brutal annuity facts with no sales pitches from the top independent agent in the country, licensed in all 50 states. Author of 7 books, Stan dives deep on all annuity types and strategies. It’s fun, learning the contractual truths on how annuities actually work and if they’ll fit your personal retirement lifestyle. Listen in on how you can be livin’ the reality, not the dream.
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Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan
In this episode, The Annuity Man discussed:
What annuity doublers refer to
The true story of annuity doublers
Key Takeaways:
Annuity “doublers” isn’t as lucrative as it seems. You become eligible for enhanced payment if you are found to be unable to do the five daily functions of life.
The additional value given in enhanced payments is subtracted dollar for dollar from the accumulation value. So in essence, you’re not getting increased payments, you’re just getting your money back quicker as you get sicker.
When considering buying annuities remember that insurance companies will never give away money for free. If an agent’s pitch sounds too good to be true, it is every single time.
"You should never ever buy a lifetime Income Rider for the doubler because all that means is when you get sicker, you get your money back quicker." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator! -
David Blanchett: Retirement Income Investing in a Low-Yield World (TAM Classic)
In this episode, The Annuity Man and David Blanchett discuss:
People’s irrational preference
A gap between perceived and actual ability
Is cryptocurrency going to last?
Investing when there are low yields
Key Takeaways:
In theory, people should be indifferent between spending down their portfolio and living off of it - but investors aren’t always rational, they have a strong preference towards not depleting their portfolio, and they want to live off of the income.
As you age, your probability of making a poor decision increases. At the same time, the gap increases between your perceived ability to make good decisions and your actual abilities.
Blockchain technology is real, it has some potential public use but the value of cryptocurrency is effectively speculative and most investors are young people who have never seen market downturns.
Don't focus on the fact that it could drop in value, focus on how it does in creating sustainable income.
"The best thing you can do is to make 'easy buttons' and a way to enjoy retirement where you're not stressed out all the time when the market goes down." — David Blanchett
Connect with David Blanchett:
Website: https://www.davidmblanchett.com/
LinkedIn: https://www.linkedin.com/in/david-blanchett-b0b0aa2/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! -
There’s No ROI Until You Die With Lifetime Income Annuities: Shootin’ It Straight With Stan
In this episode, The Annuity Man discussed:
The four primary annuity types for lifetime income
There’s no ROI until you die with lifetime income annuities
Two important questions to consider when buying annuities
Key Takeaways:
There are four primary annuity types providing lifetime income: Single Premium Immediate Annuities, Deferred Income Annuities, Qualified Longevity Annuity Contracts, and Income Riders attached to products like Index Annuities and Variable Annuities.
Lifetime income from annuities is a combination of return of principal plus interest, with the annuity company contractually obligated to pay as long as the buyer is breathing.
When you're buying lifetime income, always ask two questions: what do you want the money to contractually do and when do you want those contractual guarantees to start?
"Lifetime income stream is not an investment. This is a contract; a transfer of risk contract. I'm transferring the risk to solve for longevity risk - the fear of outliving your money." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator! -
How the Annuity Sausage Is Made: Shootin’ It Straight With Stan
In this episode, The Annuity Man discussed:
The pricing mechanism of annuity products
Annuities are commodity products
Buy only the products that you understand
Key Takeaways:
Annuity pricing is primarily based on life expectancy, with interest rates playing a secondary role. Another key factor in annuity pricing is that annuity prices change based on capacity.
Focus on the contractual guarantees when purchasing annuities, they are commodity products. So shop all carriers and find the highest contractual guarantee that is most suitable for your goal.
Annuity products have the potential to become very complex. If you can’t explain it to a nine-year old, that means that you don’t understand it. If you don’t understand it, that means that you shouldn’t buy it.
"When you're buying a lifetime income product, understand that life insurance companies have the big buildings for a reason, because they know when we're going to die and they're going to price things based on your life expectancy." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator! -
Roger Whitney: How To Rock Your Retirement (TAM Classic)
In this episode, The Annuity Man and Roger Whitney discuss:
The two retirement crises
Balancing on the teeter-totter
Before going into fancy tactical stuff
Focusing on what you can control
Key Takeaways:
There are two retirement crises: one is when people don’t have enough money to pay the bills when they can’t work anymore. The other crisis is for people with many resources and options but doesn’t know the right thing to do.
On the one hand, you should start having your best life today, and on the other hand, you also want to make sure that you’ll be alright when you live until 80 or 90. There’s tension between those two things, you’re standing in the middle of it all, and you have to cover yourself on both accounts.
Start with what you want, then create a strategy that will make that feasible. Make it resilient so that you don’t get knocked off course and get too fancy tactics.
Don’t waste your life trying to predict the future or reacting to every event. Instead, focus on things that will be useful to you, like building functional health - health that will enable you to spend time with family freely.
"The majority of planning which feeds the mindset of this very uncertain world is always gonna default to denying today, and that’s not right because tomorrow isn’t promised to anyone. You gotta be a good steward. " — Roger Whitney.
Connect with Roger Whitney:
Website: https://www.rogerwhitney.com/
Facebook: https://www.facebook.com/pg/retirementanswerman/posts/
LinkedIn: http://www.linkedin.com/in/rogerwhitney
YouTube: https://www.youtube.com/channel/UC0gvNDYjMGdkO8OiNZu9jug
Twitter: https://twitter.com/roger_whitney?lang=en
Book: https://www.rogerwhitney.com/the-book
Podcast: https://www.rogerwhitney.com/blog
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator! -
The Perfect Annuity Does Not Exist: Shootin’ It Straight With Stan
In this episode, The Annuity Man discussed:
Focusing on guarantees
The best annuity
Finding the annuity best suited for you
Key Takeaways:
Annuities are financial products that can provide a steady stream of income during retirement, but they come with both benefits and limitations. It's essential to approach annuities with a clear understanding of their purpose and to focus on the contractual guarantees they offer, rather than potential returns.
When considering annuities, it's important to recognize that the best options are often Social Security and pensions.These provide reliable income streams that can form the foundation of a secure retirement.
Avoid being swayed by hypothetical or theoretical scenarios presented by agents or advisors. Instead, compare each annuity product to determine which one best aligns with your retirement goals and needs.
"When you get to the commercial side of annuities, there is no perfect annuity even though they're all pitched as such. They all have limitations and benefits. They all have good and bad." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!
Customer Reviews
Excellent, clear and very pertinent information
Stan the annuity man really gives a very clear and pertinent information and has wonderful guests that do the same. It’s the authentic and trustworthy discussions and explanations that make this a great podcast.
Binge This Podcast
This is by far the most well-presented and easy-to-understand financial show I've ever heard. Annuities have been a hot topic in my household lately but I am definitely a newbie. This show has helped me understand the benefits and manage my expectations. I'll definitely be diving in to annuities with my eyes wide open after this.
Love the honesty!
I’m just getting into learning about annuities so this podcast has been super helpful and doesn’t feel like I’m sitting in some advanced college class trying to keep up, love it!