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“Fun With Annuities” The Annuity Man Podcast

Business & Economics Podcasts

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.

Location:

United States

Description:

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.

Language:

English


Episodes
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25% Annuity Bonus…Is It Real?: Shootin' It Straight with Stan (TAM Classic)

7/17/2024
In this episode, The Annuity Man discussed: Bonuses are not the true benefits Unethical practices that rush an annuity sale Focus on what really matters Key Takeaways: Upfront bonuses are merely a part of the contract rather than the true benefits they seem to be. Focus instead on the lifetime income guarantee, on the financial stability and predictability an annuity can offer. Agents sometimes tout bonuses rather than clarify the long-term financial implications of the annuity in order to close a deal. It is unethical and in some cases, could even cross the line into being illegal. Look past the smoke and mirrors of upfront bonuses and instead, search for the annuity with the highest contractual guarantee. These guarantees are what will determine the annuity's genuine value over the course of your retirement. "The only number that matters is the lifetime income guarantee that the company is backing up. All of the bonuses are just shiny things - candy for the stupid. Don't be that person. " — 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!

Duration:00:09:59

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Jason Fichtner: Understanding A Changing Retirement Landscape (TAM Classic)

7/16/2024
In this episode, The Annuity Man and Jason Fichtner discuss: Preparing for depletion Preaching to a hurricane Maximizing returns and minimizing risks The real danger zone Key Takeaways: There’s going to be depletion in combined trust funds in 2024. In response to this, you can delay claiming your social security until you absolutely need it, you can also save a little more - do anything to minimize the risk. People want a personal pension and a guaranteed paycheck for life, but they don’t want an annuity. That’s absurd, because that’s exactly what an annuity is and people have it already in the form of social security, because it’s such a good thing, they would want to have another one. We’ve trained people to be good investors, in that they must always ask how they can maximize returns. But there is no ROI in retirement, not until you die, so we need to keep talking about how minimizing the risks with annuities is the best way to go. The danger zone is complacency. We need to keep reframing and educating people on the truth about retirement and finances. People right now are not too crazy for annuities, and that’s not a good thing - because that means that it’s not being represented factually. "In retirement, we're not trying to maximize returns, we're trying to minimize risks - ensure that I have enough income to last for the rest of my life." — Jason Fichtner The Peak 65 Generation: Creating A New Retirement Security Framework: https://drive.google.com/file/d/128-Azi2dpeWXYafgPGAQ1Pi5f8S_ThVA/view?usp=sharing Connect with Jason Fichtner: Website: https://sites.google.com/site/jasonjfichtner/ | https://bipartisanpolicy.org/ Email: jfichtner@bipartisanpolicy.org 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!

Duration:00:49:37

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Understanding Annuity Payout Options - Shootin' It Straight with Stan (TAM Classic)

7/10/2024
In this episode, The Annuity Man discussed: Annuities are customizable An example of life with cash refund What does it mean to get a joint-life policy Options and choices when getting an annuity Key Takeaways: A life-only contract means that the annuity company is on the hook to pay as long as you’re breathing, but the money goes away when you die. Life with cash refund means that you get paid while you’re alive, with some money going to your beneficiary when you die. A joint life policy means that you and your spouse will receive payments. When you die, their income continues uninterrupted and unchanged. There’s not just one annuity, there are many kinds, and there are also a lot of options when customizing your contract. "I want you to understand what you’re buying and how it works ‘cause remember, an annuity is a contract" — 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!

Duration:00:11:01

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Live off the Interest Until You Can’t: Shootin’ It Straight With Stan (TAM Classic)

7/3/2024
In this episode, The Annuity Man discussed: What does it mean to live off the interest? Living off guaranteed interest When interest rates go down If you can’t live off of the interest Key Takeaways: At the time of this taping, some money markets are 4, some CDs at five, and some MYGAs at five and a half. A lot of you out there have enough funds that whatever interests you can take off of those products is sufficient, and you never have to touch the principal. There's no guaranteed return with index annuities, variable annuities, or buffer annuities. That doesn’t mean they’re bad products, but if you can live off of a guaranteed interest, why not do that? When you lock in at a certain interest, it doesn’t matter if the interest rates go down in the market - you’ll benefit from what is contractually guaranteed. Suppose we can prove mathematically that we can’t hit your goal from living off of the interest. In that case, that’s when we’ll look for contractual guarantee products for lifetime income because they’ll provide a higher payback of your money. "You're going to ride that peeling off the interest as long as you can. You're gonna ride that train of never touching the principal and never paying a fee as long as you can, and if rates go down, then we will pivot " — Stan The Annuity Man. Connect with The Annuity Man: Website: http://theannuityman.com/ Email: Stan@TheAnnuityMan.com YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!

Duration:00:10:19

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John Olsen: Annuity Royalty Shares Wisdom (TAM Classic)

7/2/2024
In this episode, The Annuity Man and John Olsen discuss: The suitability approach and consumer trust How the annuity industry can be better Approaching people who hate annuities Risk management and risk transfer Key Takeaways: There is a considerable certainty that companies out there are determined to give the right product to their clients. If you’re looking for a solution for your client, the agent should be able to show 3-10 companies that could get the client what they want and need. Improving your knowledge of annuities as an agent is simple: read the contract. Don’t rely on the marketing material, read the hard words. Here’s what you can do with risks: you either assume it, remove it, reduce it, or transfer it. Annuity allows you to transfer risks. "These are investments to a degree, but most annuities are risk management tools. There are a few things you can do with risks: assume it, remove it, reduce it, or transfer it… Transfer the risk, that’s what annuities do. Fixed annuities are all about guarantees." — John Olsen Check out John Olsen’s books here: https://www.amazon.com/John-L-Olsen/e/B011PP1LBK/ Connect with John Olsen: Website: http://olsenannuityeducation.com/ LinkedIn: https://www.linkedin.com/in/john-olsen-clu-chfc-aep-ba551217/ Facebook: https://www.facebook.com/john.olsen.165 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!

Duration:00:31:56

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Defer 2 SPIA (MYGA-2-SPIA): Shootin' It Straight With Stan (TAM Classic)

6/26/2024
In this episode, The Annuity Man discussed: What are MYGAs and SPIAs? Annuities are contractual commodities MYGA to SPIA Key Takeaways: A MYGA, Multi-Year Guaranteed Annuity, is the annuity industry's version of a CD. The good news about MYGAs is that the interest rate is locked in and non-callable. This means that when interest rates go down, you’re going to be locked in. Annuities are contractual commodities, meaning that when you're buying them for the contractual guarantees, you can shop all carriers for the highest contractually guaranteed payout for your specific situation based on how you structure them. Through MYGAs, you can protect the principal, peel off interest, and retain liquidity. After the duration of the MYGA, we can then shop all SPIA carriers and transfer the MYGA to the SPIA. "You can have your cake and eat it too, you can protect the principle, you can peel off interest if needed during that duration of the MYGA, and at the end of that term, you have full control of the asset." — 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!

Duration:00:14:00

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Annuity Fancy or Annuity Contractual?: Shootin’ It Straight With Stan

6/19/2024
In this episode, The Annuity Man discussed: The four main concerns that annuity addresses Why you should stay away from fancy annuities Things to consider when buying annuities Key Takeaways: Annuity contracts are designed to address four key concerns: principal protection, lifetime income, legacy planning, and long-term care. However, not all annuities are created equal. Fancy annuities often come with a host of fees and complicated rules that can make them difficult to understand and manage. On the other hand, contractual annuities offer the same guarantees without the added complexity, providing the peace of mind and financial security you need without the headaches. When considering an annuity, it's essential to weigh your options carefully and choose a product that aligns with your goals and values. By opting for a contractual annuity, you can enjoy the benefits of principal protection, lifetime income, legacy planning, and long-term care, all while keeping things simple and easy to understand. "I used to work with Dean Witter, Morgan Stanley, Paine Webber, UBS, where that was market-driven stuff. If you're going to be fancy, be fancy over there because you have real possibilities of real returns. With annuities, they're contracts. Never forget that. You cannot have your cake and eat it too." — 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!

Duration:00:05:42

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Dana Anspach: Juicing Your Retirement Plan (TAM Classic)

6/18/2024
In this episode, The Annuity Man and Dana Anspach discuss: Juicing your retirement money How can you know if you’re “retirement-ready” What are some things you have to consider when setting up your retirement plan The four percent rule Key Takeaways: Don’t underestimate what more you can juice from your retirement plan. You might very well end up with hundreds of thousands of dollars by the end of it. You need to know what the risk factors are in the decumulation phase. Calculating the bigger picture of your retirement will help you make decisions that increase your probability of success and have peace of mind in the future. The reality is that you can’t spend just a solid percentage in your retirement fund, there are circumstances that would have to be accounted for - like needing to buy a car or having a health issue in the family. "People are so focused on accumulating assets, which is relatively easy compared to the math you have to solve when you start drawing money out.” — Dana Anspach Connect with Dana Anspach: Website: https://controlyourretirementdestiny.com/ | https://www.sensiblemoney.com/ Facebook: https://www.facebook.com/SensibleMoneyUS Podcast: https://podcasts.apple.com/us/podcast/control-your-retirement-destiny/id1438488254 LinkedIn: https://www.linkedin.com/in/danaanspach Twitter: https://twitter.com/SensibleMoneyUS | https://twitter.com/moneyover55 Books: https://www.amazon.com/Dana-Anspach/e/B00GL9WC82%3F 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!

Duration:00:42:04

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Annuity Contractual Guarantees Change Lives: Shootin’ It Straight With Stan

6/12/2024
In this episode, The Annuity Man discussed: Annuity solutions to retirement problems The four things that annuities solve for How annuities can give peace of mind, flexibility, and freedom Key Takeaways: Retirement can be a daunting prospect, with the uncertainty of how long your savings will last and the fear of running out of money. However, annuities offer a solution to these concerns by providing contractual guarantees. Annuities can solve for principal protection, ensuring that your initial investment is safe. They also provide income for life, allowing you to have a steady stream of income throughout your retirement years. Additionally, annuities can help leave a legacy for your loved ones and even cover long-term care expenses. By creating an income floor with annuities, retirees can have peace of mind knowing that their basic expenses are covered. This allows for greater flexibility and freedom in spending during retirement. "Contractual guarantees matter, and contractual guarantees change lives." — 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!

Duration:00:07:58

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Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

6/5/2024
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!

Duration:00:07:54

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David Blanchett: Retirement Income Investing in a Low-Yield World (TAM Classic)

6/4/2024
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!

Duration:00:48:33

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There’s No ROI Until You Die With Lifetime Income Annuities: Shootin’ It Straight With Stan

5/29/2024
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!

Duration:00:05:59

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How the Annuity Sausage Is Made: Shootin’ It Straight With Stan

5/22/2024
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!

Duration:00:11:20

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Roger Whitney: How To Rock Your Retirement (TAM Classic)

5/21/2024
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!

Duration:00:44:38

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The Perfect Annuity Does Not Exist: Shootin’ It Straight With Stan

5/15/2024
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!

Duration:00:08:55

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The Cost of Waiting to Purchase an Annuity: Shootin’ It Straight With Stan

5/8/2024
In this episode, The Annuity Man discussed: Don’t time the market when buying annuities The cost of waiting for the perfect moment Key Takeaways: Don’t time the market when buying annuities. Instead of trying to find the perfect moment, determine whether you actually need an annuity by asking yourself what you want the money to do and when you want the guarantees to start. Delaying payments may result in higher guaranteed income, however, you have to look at the big picture by factoring all the payments you will miss while waiting for that ideal amount. "I know after decades in this business, you cannot time it. There is no sweet spot. There is no arbitrage moment, and there is a cost of waiting when you're trying to be that person. So do not be that person." — 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!

Duration:00:09:42

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Steve Parrish: Rational and Phased Retirement Planning (TAM Classic)

5/7/2024
In this episode, The Annuity Man and Steve Parrish discuss: People don’t understand annuities Preparing for diminished capacity Life expectancy is good and getting better Managing your retirement plan Key Takeaways: Annuities are not an investment, it’s a form of insurance that makes investments even better. Address problems in advance while you still can. Think about how your bills will be paid, how your money will be invested, and how it can be protected from being abused by others when the time comes that your capacity is diminished. Plan to live past the life expectancy age - especially these days where technology was forced to advance to cope with the pandemic. Retirement is not just an event, it’s a change in life. Think of the behavioral and emotional aspects of it, not just the money. But when it comes to money, keep these three things in mind: your social security, medicare, and your benefit pension plan. "Guess who the last person would be that knows that you have diminished capacity - you" — Steve Parrish Connect with Steve Parrish: Blog posts: https://www.forbes.com/sites/steveparrish/?sh=61590d633079 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!

Duration:00:47:57

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Always Reverse Engineer Annuity Income Quotes: Shootin’ It Straight With Stan

5/1/2024
In this episode, The Annuity Man discussed: Be strategic and efficient when purchasing annuities Reverse engineering annuity quotes Maximizing retirement income Key Takeaways: When it comes to purchasing annuities for retirement income, it's essential to be strategic and efficient with your money. This is why you should aim to use the least amount of money possible to meet your specific income goals. Rather than simply accepting the first quote you receive, reverse engineer quotes using specialized calculators at www.stantheannuityman.com/annuity-calculators. By doing so, you can compare different carriers and find the one that is best suited for you. The key is to be strategic and efficient with your money and to work with a trusted expert who can guide you through the process. With the right approach, you can maximize your retirement income and enjoy a secure and comfortable future. "Use as little amount of money as possible to solve for the goal." — 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!

Duration:00:07:59

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Keep Your Powder Dry Annuity Income Planning: Shootin' It Straight With Stan

4/24/2024
In this episode, The Annuity Man discussed: The value of annuities for lifetime income planning Laddering strategy with annuities Placing an annuity inside a trust Key Takeaways: When it comes to planning for lifetime income, annuities can be a valuable tool. However, it's essential to approach annuities with strategies that allow for flexibility and the ability to adapt to changing circumstances. By purchasing multiple annuities with different start dates, you can create a steady stream of income that aligns with your needs over time. This approach, called laddering, allows you to adjust your income as your requirements change, providing a level of flexibility that a single annuity may not offer. By placing an annuity inside a trust, you can maintain control over the asset while still benefiting from the lifetime income it provides. This strategy can be particularly useful for those who want to ensure their assets are managed according to their wishes, even if they become incapacitated. "It's a keep your powder dry strategy, meaning that you can go into this with a plan in place for future income needs in the future. You know exactly to the penny what that's going to be. But if something changes between now and then, you can get all your money back because the underlying value walk away money is with that Indexed Annuity, which is a Fixed Annuity." — 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!

Duration:00:08:47

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Gary Baker: The Growth of Group and Fee-Based Annuities

4/23/2024
In this episode, The Annuity Man and Gary Baker discuss: The Secure Act's role in making annuities more accessible within 401(k) plans Lifetime guaranteed income options within 401(k) target date funds The widespread inclusion of lifetime income options How annuities can alleviate pressure on Social Security Key Takeaways: The retirement landscape is evolving, and with the introduction of the Secure Act, annuities are becoming more accessible to a broader market through 401k plans. Employers can now offer annuities as an investment option, providing employees with the opportunity to secure guaranteed lifetime income. There are a lot of various options for integrating annuities into target date funds, including Variable, Indexed, and Fixed Annuities with income benefits. However, the adoption rate of these options remains low due to implementation challenges for small employers and the need for more education and support. Fee-based advisors are also starting to incorporate annuities into their portfolios, recognizing the demographic tidal wave of retirees seeking guarantees. Advancements in technology have made annuities more manageable within their existing practices, allowing them to better serve their clients' needs. As the demand for lifetime income options continues to grow, options too will become more commonplace in defined contribution plans within the next decade. This shift will positively impact the country and alleviate pressure on Social Security. "Financial advisors should know all the tools available, and then, depending upon the client’s specific situation, feel comfortable and put in the right spot that's in their best interest and the right thing to do." — Gary Baker Connect with Gary Baker: Website: https://www.cannex.com 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!

Duration:00:49:48