Properly setting up your retirement income is serious business. You don’t get a do-over if you make the wrong financial move, and the consequences may be devastating. This is the reason I’m so blunt about annuities and other financial matters. This is important stuff.

Instead of purchasing an annuity that may hypothetically meet your needs with a random amount decided by the agent who bought you a bad chicken dinner, you should Always Reverse Engineer Annuity Income Quotes, as I discuss this week with Shootin’ it Straight With Stan. The amount of the annuity you purchase should be to meet your income needs, not to meet the bad chicken dinner agent’s commission desires.

Many of our clients find they don’t need to tie up as much of their money as the agent from the bad chicken dinner was pitching. After your income needs are covered, you can protect your funds with a MYGA. I was recently interviewed by Barron's for their article: One Way to Lock In High Rates and Avoid Taxes for Your Cash, which discusses the benefits of a MYGA. Use them to protect your funds until you need additional income, and then reverse engineer a new quote for income needs.

If someone is trying to sell you a Fixed Index Annuity because of its great market returns, watch my video Are Fixed Index Annuities For You. Fixed Index Annuities are not market- based, and if you aren’t happy with the returns, you’re stuck because of the surrender charges.

Please use my calculators to run quotes. If you want to discuss your strategy with us or you’re ready to lock in the highest contractual guarantee, book a call, and someone on my team will help you get things set up correctly.

Your Annuity Engineer,

Stan