If you are not familiar with the term “flux capacitor,” then stop reading this newsletter and immediately watch the movie Back To The Future. What a classic. The infamous “flux capacitor” was a too-good-to-be-true contraption that converted common house trash into fuel for a cool DeLorean car. Think about using trash instead of buying $4 to $5 a gallon gas. One can dream.

Unfortunately, too many annuity sales pitches sound like there might be a flux capacitor located somewhere in the policy. The problem is that your retirement is not a movie; this is the real deal, and very serious decisions must be made. If it sounds too good to be true with annuities, it is without exception.

The response to my “re-gifting” Wade Pfau’s appearance on my Fun With Annuities podcast has been overwhelmingly positive. It’s like having the great basketball player, Michael Jordan, join your team at the YMCA. But in this case, Wade is helping to educate you on all things retirement so you win a more important game, Chapter 2 of your life. Give this one another listen, and be sure to pick up Wade’s new books on retirement.

This week’s YouTube video talkes about retirement withdrawal strategies using Income Riders. Not only should every potential annuity consumer watch this, but agents and advisors should as well so they would actually know what they are talking about. The misinformation surrounding the Income Rider category is amazing to me. These are very simple strategies when you strip everything down to the contractual guarantees as we do at The Annuity Man. Once you do that, it’s a simple process using our Income Rider calculator to find the highest contractual guarantee for your specific situation and goal.

Dovetailing nicely with the Income Rider topic, my Shootin’ It Straight With Stan video factually discusses how Annuities Are Contractual Commodities. As you hopefully know by now, there are many types of annuities, and you already own the best inflation annuity on the planet whether you want to or not. It’s called Social Security. Every single annuity type is a commodity that should be shopped with all carriers to find the best contractual guarantee available. It’s really that simple, so keep it that way.

My Q&A Friday video compares the annuitized income structures of Life with Installment Refund vs. Life with 20-Year Period Certain. There are over 40 different ways to contractually structure SPIAs (Single Premium Immediate Annuities) and DIAs (Deferred Income Annuities), so knowing how it all works is important. It will be crystal clear with these two choices after checking out this video.

I hope that everyone had a great Thanksgiving holiday. If you need to lock in contractual guarantees by the end of the year, please Book A Call with us so we can handle that for you from start to finish.

The Annuity Head of State,

Stan