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Moshe Milevsky: Learning from History with Annuities

Stan Haithcock
December 5, 2023
Moshe Milevsky: Learning from History with Annuities

In case you missed it, I have decided to circle back to one of my Fun With Annuities episodes that just cannot be missed. This one has annuity gold, and it is definitely a must-listen.

‌In this episode, The Annuity Man and Moshe Milevsky discuss:

  • The problem with annuities
  • What’s a tontine?
  • How income increases with tontines
  • The gap between healthspan and lifespan

‌Key Takeaways:

  • The point of annuities is to generate predictable income even when you can no longer make decisions yourself due to cognitive decline. That’s why agents have to make sure the clients understand and continue to understand what they are buying and what contractual guarantees they have in place.
  • A tontine is one of the many strategies people use to finance themselves in retirement in which the longest-living people get the most income while the people who didn’t live a long time get a smaller amount of income.
  • Tontines increase the income for all living people involved as time passes because the same income amount is being split within a group that gets smaller as members pass away. The mortality rate becomes a real interest rate - this is most interesting in the current inflationary times.
  • Money alone doesn’t solve your problems; just throwing money at a problem won’t make it go away. You need to do something with it to solve your problems, and one of the biggest problems in aging is the gap between health span and lifespan.

"When you have a product that is meant to help people that are eventually going to cognitively decline, there's a higher burden of care there because you got to make sure that they understand what they're buying and they continue to understand what they're buying. "** — Moshe Milevsky.**

Connect with Moshe Milevsky:

Website: Home - Moshe A. Milevsky

Twitter: Moshe Arye Milevsky (@RetirementQuant) on X

Connect with The Annuity Man:

Website: Stan The Annuity Man® | Brutally Honest Facts About Annuities

Email: [email protected]

Book: Owner’s Manuals: Annuity Owner’s Manuals: Free PDF Versions | The Annuity Man

YouTube: Stan The Annuity Man

Get a Quote Today: Annuity Calculators- Get Your Personalized Quotes  | The Annuity Man

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.

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