Annuity Guarantees That Can Change Your Life

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Welcome to Shooting It Straight with

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Stan. I am your host Stan the Annuity

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Man, America's annuity agent. That is

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undisputed. What What else is undisputed

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is that I'm licensed in all 50 states.

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Today's topic is annuity contractual

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guarantees

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change lives. And no, I'm not being

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overly dramatic with that. They do

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change lives. And when you go into

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chapter two of your life, chapter two

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should be about you. Whether you're

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thinking about retirement, planning for

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retirement, already in retirement,

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retired, professionally retired,

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whatever, it is about you. And it is

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about guarantees. It's about either

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principal protection or lifetime income,

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guaranteeing that you have long-term

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care coverage, guaranteeing legacy. So

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when your Larjet hits the mountain,

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money is going to go to where it needs

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to go to based upon what you want to

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happen. You controlling it from the

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grave. So contractual guarantees matter

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and contractual guarantees change lives.

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My whole drive out here as Stan the

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Annuity Man, America's annuity agent is

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to convince factually to people that

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annuities are not bad. Regardless of

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what you've been told, heard, your

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advisor, a commercial, you already own

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the best annuity on the planet. It's an

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inflation annuity. It's called Social

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Security. If you have a pension from

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your employer, that's another annuity.

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So, you can't be an annuity hypocrite.

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And to go one step further, well, I

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don't have, you know, I don't care about

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social security. I don't have a pension.

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Well, if you like CDs, there's an

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annuity version of a CD called a

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multi-year guarantee annuity that

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provides a a contractual

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guaranteed interest rate annually for a

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specific term that you choose. It could

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be as short as one year all the way out

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to 10 plus years. So, even if you don't

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need lifetime income, you can do

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principal protection. There's four

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things that annuities contractually

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solve for in my opinion, and the acronym

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is PIL. P stands for principal

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protection. I stands for income for

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life. L stands for legacy. And the other

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L stands for long-term care. I'll do it

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again. Principal protection, income for

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life, legacy, and long-term care. If you

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don't need to contractually solve for

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any of those four items in the pill

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acronym, then you do not need another

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annuity. You already own one social

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security. So you can't be an annuity

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hypocrite, take those payments, enjoy

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those payments, enjoy the increases, and

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say you hate all annuities. You can't.

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You need to stop doing that when you go

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to the party because eventually you're

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either going to run into me, which would

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be kind of fun, or you're going to run

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into people that watch my videos and go,

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"Wait a minute, I thought Social

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Security was a new hate that one, too."

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You don't want to be embarrassed at the

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party. But the bottom line is with

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11,000

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baby boomers hitting age 65 every single

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day, that's what they call in the

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marketing world a demographic title

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wave. Envision a title wave of a bunch

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of 65 year olds instead of a wave.

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That's what's happening every single

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day. And when you hit that age, okay,

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when you hit that age range, you stop

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thinking about growth

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as much. You might like the growth part

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and you probably need part of that, but

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you start thinking guarantees. How can I

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stack up income? How can I build an

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income floor that's going to hit every

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single month regardless of what happens

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in the world? Who whatever old person's

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president, whatever crazy parties in

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charge, whatever war is going on. I want

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that income to hit every single month in

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combination with with the social

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security and the pension and dividend

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stocks or whatever you have. What is

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that income floor?

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When you put in place that income floor,

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it changes your life, it changes your

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life because you don't have to worry

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about the money coming in. You don't

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have to worry about paying your bills.

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And you know what? You're a better

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investor because you don't have to

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disrupt those investments. Annuities

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aren't investments. They're contracts.

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You don't have to disrupt those

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investments to bring in money for that

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income floor, which totally destroys the

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4% rule of the master of the universe

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saying, "Forget annuities, sir. I'm

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going to manage your money. We'll just

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peel off the interest or the growth."

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That's about 4% 2% and then you can just

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live off the money. You don't have to

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buy an annuity from that stand man

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character. Wrong. Because here's the

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thing. one down market year, that whole

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premise is over. Unless you're long long

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long long term, unless you're in your

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30s and 40s, and if you're in 30s 40s,

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you shouldn't be buying annuities

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anyway. That's a long-term play, the 4%

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rule. But if you want lifetime income,

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if you want contractual guarantees,

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annuities are the place to go. Whether

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you think you like them or not, that's

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where you need to go. I mean, there's

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really four places to protect principle,

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right? CDs, money markets, AAA, well

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five CDs, money markets, AAA, munis,

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treasuries, and you know, multi-year

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guarantee annuities, fixed rate

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annuities. Okay, but for lifetime income

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guarantees, no ROI until you die. It's

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going to pay for as long as you're

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breathing. Ventilator ventilator

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strategy. Those are lifetime income

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annuities. There's four types. Single

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premium immediate annuities, deferred

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income annuities, qualified longevity

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annuity contracts, and income writers.

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Those are the four ways to solve for

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lifetime income as long as you're

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breathing. And you can structure it so

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that 100% of any unused money goes to

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your beneficiaries. So you can lock and

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load, as they say in the South, have the

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lifetime income stream and know that if

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you die early, 100% of any unused money

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is going to go to the beneficiaries and

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the evil life insurance company that

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issued the annuity isn't going to keep a

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penny.

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That's changing lives. Contractual

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guarantees change lives. Principal

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protection changes lives. Income for

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life changes lives. Long-term care

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coverage changes lives. Legacy type

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planning changes lives.

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Contractual guarantees change lives.

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Now, for the stock market people, well,

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stock market does too. S&P 500 change. I

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understand that. But in chapter two of

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your life, you need less of that and

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more guarantees because who knows who

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knows when we're going to die, right? I

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mean, we're all at that age that people

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around us, friends and acquaintances are

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are dying. And it's like, okay, wakeup

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call. What do I really want? What do I

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really want to accomplish? What do I

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really want my portfolio to look like?

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How much do I want guaranteed? And how

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much do I want non-G guaranteed? Now,

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you could say, Stan, I want it all non-G

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guaranteed. I'm a player. I like rolling

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the dice overhand with a running start.

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I'm okay with that. Not everybody needs

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an annuity. Now, I always ask people,

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what do you want the money to

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contractually do and when do you want

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those contractual guarantees to start?

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If you say, I want market growth, then

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you don't need an annuity. Even though

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you already own social security, you

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don't need a commercial annuity. But

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what I want to put in the back of your

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head as you go into chapter two of your

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life or planning for that, annuity

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contractual guarantees can change your

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life. Annuity contractual guarantees can

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change you and your spouse's life.

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Annuity contractual guarantees can

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change you, your spouse, and your

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family's lives because you can structure

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things for them. If you want to put

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together a trust like I have, when I

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die, there's a trust that says when Stan

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the annuity man dies and after the big

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celebration, annuity lifetime income

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payments kick in for my two daughters.

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Period.

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Annu that will change their life.

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Trust me on that one. Okay. So, I know

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people poo poo annuities out there. I

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love saying poo poo poo poo. Poo poo

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annuities. Put them down. They're just I

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It's hilarious when I hear that because

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I just laugh out loud at them, you know,

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really loud in their face like

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I don't do that, but I should. But go to

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my site at the annuity man, run quotes

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on our proprietary calculator, see what

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the guarantees are, look at the live

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feed for the fixed rates, principal

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protection. You know, I've done zillions

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of these videos. I have a fun with

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annuities podcast. I've written books

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that you can get for free at my site.

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Educate yourself on how annuities work.

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Educate yourself on how many annuity

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types are out there. Educate yourself on

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the contractual guarantees of the

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policy. And I'll close with this. Never,

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ever, ever buy an annuity type for the

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hypothetical, theoretical, projected, or

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back tested scenarios that are shown

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you. Always buy annuities for the

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contractual guarantees. Always buy

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annuities for what they will do, not

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what they might do. My name is Stan the

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Annuity Man. I'm America's annuity agent

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if you don't know that by now. And yes,

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good question. I am licensed in all 50

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states. I'll see you next time.