Get Smarter

Hey, internet land. Stan The Annuity Man here, America's annuity agent, licensed in all 50 states. I sell a ton of annuities, but I'm an educator, which is why you're here. You asked the question about the annuity free look period. I'm going to quickly answer it, which is, it depends on your state, but it's typically anywhere from 10 to 30 days.

Today's topic is Annuity Companies Aren't Smarter Than Banks. They're not, just more regulated. Let me tell you a little story. A long time ago, a few years ago, there was this pandemic. Some say it came from a wet market where turtles were making out with bats, who were loving on ducks, who were then kissing the snakes. I didn't know what was going on.

Today's topic is what is the purpose of an annuity. Why do you even need one? What do they solve for? We're going to go through that with all types, so you can understand if it even makes sense for you to own an annuity, and if it does, which one fits your situation best.

Today's topic and question is, what are surrender charges in annuities? Not all annuities have surrender charges, but the ones that do, and we'll talk about both. Still, for the ones that do, it is a way for the annuity company to make back their money that they've paid out in commissions, administrative fees, and business expenses if you pivot during the contract and try to get all your money back. It's similar to a CD. CDs have surrendered charges, and some mutual funds have surrender charges.

Welcome to another Shooting It Straight With Stan blog. I am Stan The Annuity Man, America's annuity agent, licensed in all 50 states, every single one of them. I do that all the time, and then someone on a YouTube video the other day commented, "Are you licensed in Kentucky?" Yes, I'm licensed in Kentucky, but I'm revved up today because the topic is "live off the interest until you can't." What am I talking about, Stan The Annuity Man? I'm talking about current interest rates.

Stan The Annuity Man®, a.k.a. Stan Haithcock is known as “America’s Annuity Agent®” and the top independent annuity agent in the United States. Licensed in all 50 states, he is recognized as one of the top thought leaders in the annuity industry. He is the founder of The Annuity Man® LLC, with office locations in Florida and Nevada.

Hi there. Stan The Annuity Man, America's annuity agent licensed in all 50 states. Today we're talking about how to buy annuities as a gift and about being more than just money. It can't all be about money, can it? No, it cannot. Money cannot buy you happiness. That's just wisdom, is what that is. Now, we're going to talk about some gift guides and some giving ideas using annuities.

Today we're talking about how to buy an annuity. You need to bring your spouse to the call. You need to get them on the call with you when you talk to Stan The Annuity Man, because I'm betting they'll live longer than you. This could be true, and you want them to understand what you're thinking about regarding annuities. So, bring your spouse to the call y'all!

Today's topic is if you'd have owned it 10 years ago. Now, if you've been to the bad chicken dinner seminar, the expensive steak dinner seminar, the marble office with the guy that says he has a too-good-to-be-true product and gives you upfront funds, market upside with no downside, unicorns chasing butterflies, and you're saying to yourself, wait a minute, that sounds too good to be true.

Today we're going to talk about how people sell annuities for fear and greed. Most of the time, this revolves around Fixed Index Annuities. I have nothing against Fixed Index Annuities, but this is the fear and greed sell that you hear most often. Let's go through the other annuity types. Single Premium Immediate Annuities, Deferred Income Annuities, and Qualified Longevity Annuity Contracts are very simplistic, transfer risk pension products, lifetime income products with no moving parts and no annual fees, and no market detachments.

Man, we're going to have fun today. We're going to make an annuity comparison looking at Income Riders versus Deferred Income Annuities. The acronym is DIA. Let's talk about the difference between the two and the similarities. This falls under the category of, what? Retirement income insurance, lifetime income insurance, income insurance, whatever you want to call it. Car insurance, fire insurance, home insurance, health insurance, dental insurance, and income insurance. That's what these are.

Thank you so much for joining us on this hot topic. Not a Hot Pocket, those are the things you eat if you're a computer dude or dude-ette. It's a hot topic. The topic is, If It Sounds Too Good to Be True, It Is. Every single time with annuities without exception.

Unless you have been living in a cave, there has been a little banking crisis recently that continues to concern anyone that’s not buying the media or political spin. So, of course Stan The Annuity Man has to give you the absolute facts and bring in an objective expert that would provide the brutal truth. John Lenz is just that person. The “annuity architect” himself agreed to help me hammer this important topic.

Today's topic is about you, about the questions people have asked through comments on my YouTube channel. If you have put any questions on my YouTube videos, guess what? I answer them. Yes, I actually read them. I have no life. I've been married for 33 years. I have two grown daughters. I have no life. This is what I do. I'm Stan, The Annuity Man.

Retirement income, let's talk about that and the three tips I learned from some of the biggest financial rock stars on the planet that happen to be guests of mine on my great podcast, Fun with Annuities. That's on all podcast platforms, and we even have a YouTube channel called Fun With Annuities that you can check out. But I will share it with you and I had some great guests there.