Fun With Annuities Podcast Celebrity Series
August 10, 2021
Mr. FIA-X joins us again on the Fun With Annuities podcast for episode #69 this week to reveal the secrets of how the “annuity sausage” is made. His first appearance set records for listeners and viewers, and the demand for more of his insights was overwhelming. Of course, I always listen to my Annuity Man followers, so he’s back!
On this podcast, we dug even deeper into the brutal truths about Fixed Index Annuities. Bad chicken dinner seminar agents, beware! We just blew up that misleading sales pitch.
Mr. FIA-X and I discussed in detail how upfront bonuses work and the truth behind them. We also covered index’s made up out of thin air and the misleading sales practice of showing “back-tested” return numbers. Mr. FIAX explains, "Think about a magician… with sleight of hand, they distract you while they’re pulling your watch off. That’s exactly what bonuses are that they wiggle for you to miss the other things."
Like the last time he joined the podcast, Mr. FIA-X is wearing a mask, and we altered his voice to protect his identity. Yes, what he reveals is that serious. Bonus, FIA salespeople hate it when Mr. FIA-X is on the Fun With Annuities podcast.
You are going to love our conversation. Turn it up!
He's now retired from the fixed index annuity business but was there from its inception. He has been at the secret annuity carrier meetings and knows the confidential information. FIAs are monster business attached to Godzilla-sized bankrolls. Mr. FIA-X revealed never shared before details that he knew the consumer needed to know. But, they were facts that FIA carriers really don't want consumers to know. That's why we had to protect his identity.
PS- Don't email me and ask me to reveal who it is or confirm your guess. Not gonna do it!
Fun With Annuities Podcast is hosted by America’s Annuity Agent®, Stan Haithcock, 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.