Annuity Income Plan: Annuities vs Investment

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Annuity income plan. Stan the Annuity Man. Stan, I am Dr. Zeus. What an annuity income

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plan. My name is Stan the Annuity Man, America's annuity agent, licensed in every single one of all

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50 states. Top independent U.S. agent in the country. I guess I said that. It's repetitive,

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redundant when I said U.S. and country. But you know what I mean. Annuity income plan.

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We're going to talk about it with Stan the Annuity Man. One question: got guarantees?

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So, you remember the got milk ad? I mean, got guarantees. I mean, I'm all about contractual

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guarantees. So, it just makes sense to brand the got guarantees. But annuity income plan is

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important because you already are in your annuity income planning stage. You already are doing it.

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We just possibly need to add to that. So, you're saying, "Wait, whoa, whoa, whoa, whoa, whoa,

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whoa, whoa, whoa, whoa." There, Stanley. What are you talking about? The annuity you already own.

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Social Security. Remember that? Remember that? Yeah, the one that they said they'll never tax,

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but now you're getting taxed on. Yeah, that one. Best inflation annuity on the planet.

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Alright, Stan. I got one annuity. No, you might have two. Do you have an IRA? Yeah,

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if you have an IRA and you're at RMD age, required minimum distribution,

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you have to take money out whether you need it or not every single year, regardless, so the IRS can

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collect those taxes so that we can then send them overseas, right? No, I digress. That's an annuity,

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okay? If you have a pension from an employer, if you work for the state, a good labor union,

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or the federal government, or military, whatever, you have a pension. That's an annuity.

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So an annuity income plan then comes down to, do the annuities I already own,

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is that sufficient for my income floor in chapter two of my life? Chapter two

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is about you. I don't call it retirement. I call it chapter two. Chapter one was grind,

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grind, grind, grind, grind. Chapter two is about you. So do those annuities you currently have.

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Once again, Social Security, RMDs, pension if so fortunate. Do those cover that income floor?

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So, what's the annuity income plan after that? Stan the Annuity Man. Well, it depends on if you

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need more money. If you need more money than those annuities that you already own, then you go to my

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site, theannuityman.com. You start running quotes. You schedule a call with my team. We will walk

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you through the whole thing. My team is, they're all licensed, all 50 states, but they're not on

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commission. They're not incentivized by that. We use our ear and mouth in proportion. We're

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going to listen to you. We're not going to chase you. We're not going to bug you. We're not going

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to call you randomly. We're just going to provide the best contractual guarantee quotes and advice,

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and we'll tell you when you don't need an annuity. Happens all the time.

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I had a gentleman the other day call me. He goes, "Do I need an annuity?" And he told me how much

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money it was. It was a big chunk. And I said, "So, what are you doing with it?" He goes, "Well,

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you know, I just got in some CDs and bonds and some money markets." So, how's that going? "Well,

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good." Is it enough money for you and Martha to live off and her not to be mad and she can buy

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the shoes she wants? Yeah, we're good. Because, by the way, chapter two, the wife wants to buy

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shoes. I don't know what the heck that is, okay? But it's true. He's like, "Yeah, yeah, we're good.

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We're good." I said, "Well, then you don't need an annuity because the only risk you have is interest

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rate risk. So, if interest rates go down, then those CDs and money markets will go down." I said,

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"And if that happens, then call me and we might do an annuity. But until then, you're fine."

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You know, after he fell, and he fell on the floor in shock because the truth hit him hard,

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he got himself up, thanked me, and said, "Yeah, okay. I'll catch up with you guys later." Fine.

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That might be you. But you also might be that person like me. And you're saying,

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"Stan, you're young. You're vibrant. You're like a marathon. You know,

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you're that guy. You're like one of those guys, 150-mile race guys." Yeah,

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I know what you're saying. It's not true, okay? It's a lot of miles on this body.

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So, what is Stan the Annuity Man doing personally? I'm making sure the lovely Christine,

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wife of 37 years, yes, she is a martyr. She owns the company with me, wonderful woman,

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should never have married me ever, ever. That's a whole other story. I'm setting things up so

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that she's going to have that lifetime income stream. I'm not going to live forever. I put

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some miles on the body, player, if you know what I mean. So, I'm taking care of her.

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That might be you sitting out there saying, "Stan, as long as I'm alive,

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heck, we're in good shape because I'm a player. I don't need anything. But when I die,

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she doesn't know anything." She knows more than you think. But you might set

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up a lifetime income stream for her. You can do it two ways. You can say, "Okay,

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we're going to buy something joint life so that both of us are getting paid as long as we're

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breathing." So, if you die, the income's going to continue uninterrupted and unchanged for her

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life until she dies. And we can structure it so that when she dies, all of the money that

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hasn't been used goes to the family and the evil annuity company doesn't keep a penny.

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Or you can talk with your estate planning attorney and say, "You know what? When I die,

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when my Bentley hits the tree and I die in a fiery crash, because Bentleys have some issues

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with..." No, they don't. And you die in a fiery crash, then I need my wife to have an immediate

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annuity purchase for her for that income. Keep the powder dry until you die. Boy, that's pretty

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good. Keep the powder dry until you die. There's also no ROI until you die, but keep the powder dry

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until you die. And then the annuity is purchased for Betty, okay? You can do it that way, too.

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Either way, you need to be planning for Betty. Hello, she's put up with your rear end for all

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these years. Do something for her, okay? Fly first class for once. But the point is,

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monthly income, you're trying to create that guarantee for both you and your spouse. I'd

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rather you spend it now. There's no U-Hauls behind hearses. You cannot take it with you.

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Why just keep looking at it in a bank account? Live your life.

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I've got clients. I've got kabajillion clients. A kabajillion. I

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hope you're kabajillion in one. But I got a lot of clients that call me and say,

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"I really wish I'd have spent more money because I've got this malady or this cancer

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or whatever." They would give $5 million to live one month in good health. I'm not trying to be Dr.

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Doom over here because I'm Stan the Annuity Man, Mr. Positivity. But reality is reality.

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So, when you're putting together your annuity income plan,

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factoring in the ones that you already own and the ones that you might need,

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factor in your life and factor in that significant other's life. Factor

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it in and make sure that that income goes uninterrupted and unchanged for both lives,

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or set it up with your estate planning attorney that when you die, your spouse is taken care of.

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Lifetime income annuities are peace-of-mind annuities. They allow you to sleep better.

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Now, yes, you have some FOMO, fear of missing out. You go to the cocktail party and go, "Well,

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I just bought XYZ company and it went from 10 to 100." Who cares? What you need to say to them is,

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"I've got an income floor that would choke a horse, and we're flying all over the

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place and buying shoes." I like your answer better. Your spouse likes your answer better.

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So, your annuity income plan starts with the Annuity Man because we represent all

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carriers. We're licensed in all 50 states. I have a great team in place in my Las Vegas, Nevada,

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office. All licensed, not on commission. They're in your corner. They're on your side of the table.

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Do me a favor. Watch that video. Click it. I know you say, "Stan, I get these things all the time.

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They pop up." This one pops up because it's my story. And the Big C behind the camera said,

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"We need to do this, Stan. You need to tell this story to people. They need to hear it

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because it's interesting." That doesn't mean you have to do business with me,

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but it will explain why we're here and what we're doing and why I'm in front of cameras

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all the time and why I'm passionate about what I do. It's important for the baby boomers that

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are retiring. It's important for the people that are thinking about retirement. Chapter

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two is about you, and I'd love to be a part of that. See you next time.