Time Is the Ultimate Currency: Shootin' It Straight With Stan

Today's topic is a good one. With all the cryptocurrencies and currency, this and that. And is the new administration going to create its own cryptocurrency? And are they going to make it all digital? And is it going to go global? And will it be a global currency, or will they take out my money? Are they going to tax me in real-time? All of that talk about currency and currency traders.  >> READ MORE

Using an Annuity to Pay for Long Term Care

Are you looking for an answer regarding annuities in long-term care? Many people have that on their mind because long-term care is kind of that gorilla in the room, that little guy on your shoulder that's like, "You might want to address that. You might want to check that box."  >> READ MORE

The Truth About Fixed Index Annuities

Hey, can you handle the truth? Can you handle it? As Jack Nicholson said, can you handle the truth about Fixed Index Annuities? I'll tell you what, there needs to be some truth out there. Many pitches are flying through the air, radio, TV, the bad chicken dinner seminars, about Fixed Index Annuities.  >> READ MORE

Monte Carlo or Stanicarlo Simulation: Shootin' It Straight With Stan

The topic of the day is Monte Carlo or Stanicarlo Simulation. And you're like, "Wait a minute. What? Monte Carlo?" "Let me tell you something, son, Monte Carlo. I used to have a Monte Carlo, and I loved that car. It was a two-seater, and the women loved it." Now I'm not talking about that, Chester.  >> READ MORE

How Does a SPIA Work?

Today's topic is how does a Single Premium Immediate Annuity work. Some call it SPIA, S-P-I-A, or Single Premium Immediate Annuity. After this blog, you'll be able to decide whether a Single Premium Immediate Annuity fits or doesn't.  >> READ MORE

Do Rich People Buy Annuities?

Don't we hate rich people? Are you rich? I mean, are you the evil rich? I think we all are kind of when they start collecting taxes. So, the question is, do rich people buy annuities? Yes, some do, and some don't. It comes down to if they want to transfer risk. Now, the reason a lot of rich people are rich is because they're smart. Smart people like to transfer risk, and annuities are contracts that allow you to transfer risk.  >> READ MORE

Lifestyle Income Guarantee: Shootin' It Straight With Stan

Today's topic is lifestyle income guarantee, not lifetime, lifestyle. Now, annuities as a category is the only category that provides income as long as you are breathing. There's no ROI until you die. Some say, "Well, I don't know about annuities, and I don't know about the return on that thing."  >> READ MORE

Can You Buy an Annuity at Any Age?

Can you buy an annuity at any age? That's the burning question. The answer is yes, but the real question is why? Should you buy one just because you can buy one at any age? If you're 90 years old, why do you need an annuity? Why do you need to transfer risk? You've already beaten it. Or if you're two years old, why do you need one? So, the answer is, yes, you can.  >> READ MORE

Are Annuities Safe for Retirement?

The best question I've heard in a millennium is, "Are annuities safe for retirement?" And you might be one of those 10,000 baby boomers retiring daily. That's an actual stat, and that's crazy. Now, the reason that's important when you talk about annuities is most people have had it with the stock market. If that's not you, then great, trade your brains away.  >> READ MORE

4 Contractual Paths to Income Later: Shootin' It Straight With Stan

Today's topic is 4 Contractual Paths to Income Later. Income later is when I ask the two questions, what do you want the money to contractually do, and when do you want those contractual guarantees to start? An example answer to the first question is, "I want lifetime income," and an example answer to the second question is, "I want it to start in two or three years or five years or seven years or 10 years."  >> READ MORE