Are Fixed Annuities A Good Investment For Retirement?

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Hi there, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states in Puerto Rico. Question is of

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the day,

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are annuities a good investment. Are

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fixed annuities a good investment for

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retirement? Wow, that's a loaded

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question. I don't know. We're going to

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find out because I'm going to ask you

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some questions that you're going to

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answer in the comfort of your own home

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in front of your screen to determine

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that. All right. after this.

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[music]

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So, are annuities in general or fixed

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annuities being more specific

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a good investment for retirement? First

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of all, they're not investments. They're

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transfer of risk products. And if you're

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looking at them as an investment, don't.

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Okay? If you're looking for market

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returns, don't. Even though there's

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three products out there that promise

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that don't

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there all three products that promise

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market returns or potential of that they

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have limitations on the upside. So don't

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do it. Just go get the market if you

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want the market.

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You know are they good for retirement?

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My question to you is what's your goal?

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What are you trying to solve for? I

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asked two questions to every single

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person on the planet. I even asked it

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this morning to the guy at the 7-Eleven.

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He had no clue what I was talking about.

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But asking to every person, what do you

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want the money to contractually do? And

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when do you want those contractual

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guarantees to start? That's it. So, does

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your retirement plan involve principal

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protection? Income for life, legacy,

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long-term care, that acronym is pill.

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I'll do it again. P stands for principal

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protection. I stands for income for

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life. L stands for legacy. The other L

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stands for long-term care.

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Does your retirement plan involve that?

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If not, then you don't need an annuity.

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If your retirement plan is about growth

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and opportunity and upside and fear of

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missing out, you don't need an annuity.

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I'm the only one that's going to tell

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you that

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because it's true. Life insurance

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companies issue annuities and they are

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contractual.

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Don't buy the dream because you're going

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to own the contractual guarantees of the

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policy. You own a new annuity for what

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it will do, not what it might do.

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Might do projected, back tested,

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hopeful, all the all the crap. All the

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non-g guaranteed return illustrations

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are crap. Wipe your rear end with it.

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Just kind of do that with the paper to

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make it softer. I mean, just I'm just

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saying

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retirement. I mean, what's that mean to

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you? I mean, chapter two of your life

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isn't about lifestyle. Lifestyle is

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about retirement income. You already own

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the best annuity on the planet called

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Social Security. Best inflation annuity

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on the planet. If you're taking RMDs

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from your IRA, that's that's in essence

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an annuity payment because it's got to

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happen every single year. If you're so

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fortunate to have a pension, that's an

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annuity. So, are annuities or fixed

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annuities good for retirement?

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If you need an income floor, a

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guaranteed income floor of money that's

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going to hit your bank account

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regardless of what stupidity is

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happening in the world, then yes,

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there's four types of annuities that

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provide income for as long as you're

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breathing. You can set it up joint with

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your spouse, so it's going to continue

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as long as they're breathing. We can

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structure it so that 100% of any unused

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money goes to your beneficiaries and the

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evil annuity company doesn't keep the

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money. Don't say, "Well, I ain't going

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to do one of them lifetime income

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annuities because nudity company keeps

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the money." Come on, man. Come on.

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You're smarter than that.

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Lifetime income is what most people

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want.

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There are exceptions. I had a guy call

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me the other day, said he's looking at

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lifetime income. I said, "Give me a

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30,000 foot view of your portfolio

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confidentially. Give it to me." And he

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had a huge number like an eight figure

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number. Eight figures more than nine

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more than 9 million to all you

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Carolinians out there with me. Okay. He

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had he had eight figures. Okay. And I

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said that's investable, not real estate.

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Yeah, that's investable. I said, first

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of all, kudos to you. You won the game.

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Why are you playing? You probably don't

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need lifetime income because you can

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just take interest off the top of a MA

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and live well. If you said Stan the

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annuity man, what do you do personally?

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Do you just talk about annuities and you

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don't own any? Are you one of them? No.

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Own a ton of migas. Ton of migas. Just

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peel off the interest when I need it. If

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I need it and the money grows and

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compounds tax deferred in a nonirra

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account. That's what I told this

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gentleman. Just hey man, just hit bunt

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singles. You know, Warren Buffett, rule

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number one, don't lose money. Rule

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number two, don't forget rule number

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one. Duh.

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If you won this, if you won the game,

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why are you still playing? I'll

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guarantee you this. If if your spouse

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was sitting beside you, if your spouse

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is still with you, hope hope they are.

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Um, if not, doesn't matter. But one of

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you in the household doesn't give a crap

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about investments, doesn't give a crap

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about the markets, doesn't give a crap

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about treasuries, doesn't give a crap

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about the Fed, doesn't give a crap

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That's my wife. She just wants to go see

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the kids and the grandkids and travel

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around and buy nice shoes. That's fine.

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Okay. So, I've got to set it up to when

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my Learjet rented hits the mountain,

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everything's good for her. Everything's

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good.

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Do fixed annuities or annuities have a

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place in your retirement?

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If you want guarantees, they do. If you

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want to transfer the risk, they do. If

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you want money coming in every single

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month, they do. If you want to protect

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the principal, they do. If you want to

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leave legacy for the kids or the

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charity, they do. If you want to check

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that final box for long-term care,

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whether it's underwritten or guaranteed

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issue, they do.

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Notice how I just did the pill acronym

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for you.

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But if you're saying, "No, no, no, man.

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I'm gonna ride this AI wave and the

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chips and uh, you know, I'm going to do

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all this investing. I'm going to buy,

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you know, the crypto at the low right

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now. Then go get it, player. Then you

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don't need annuities. And don't fall for

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some Johnny Apple Seed saying, "Well,

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this annuity will get you the market

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upside into the principal protection at

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the same time." Goofball

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idiot.

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Nonsense. You're better than that. Come

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on now. I'm amazed at some of the sales

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pitches that work out there. It it it it

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doesn't give me much hope for the

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future. When I hear some of the people

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that that are smart falling for the

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sales pitches, I'm like, "Oh my god,

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they're voting, too. Holy crap." Buy the

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contractual guarantees for retirement.

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Do annuities fit for retirement? Yes. If

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you want contractual guarantees, if you

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want it to be turnkey, if you don't want

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to worry about it, if you want it to be

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noncorrelated,

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which means in fancy terms, stanglish,

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not attached to the markets. Well, this

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old boy down here told me this this old

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boy down here bought an index. No, no,

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no, no.

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Be smart.

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You either want contractual guarantees

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or you don't. If you don't find, don't

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buy an annuity, but that's what they're

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for in retirement. Whether they're

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fixed, the fixed annuities, SPSDs, QAX

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income writers, the four lifetime income

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products and MA's principal protection

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product. Index annuities are principal

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protection products as well, but they

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don't guarantee returns. MAS do. So,

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fixed annuities really do fit. On the um

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other side of it, the growth with the

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variable and the riless, I don't sell

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that. I don't need to sell that. I don't

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want to sell that because they aren't

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guaranteed. They're hypothetical.

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They're hopes and dreams and unicorns. I

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don't do that. I do guarantees,

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contractual guarantees only. Okay? Do me

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a favor. Go to my site theanuityman.com.

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You can download owner's manuals on all

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fixed annuity types. Straightforward, to

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the point, just like me. Brutal. I'm the

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walking middle finger of annuity truth.

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Okay. Someone introduced me like that

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the other day. I said, "Yep, that's me.

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I'm the walking middle finger of annuity

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truth." And I and I embrace that. Okay.

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Do me a favor. One last thing. Above my

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head is a spinning clock with a video

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that I did on why people still hate

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annuities.

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There's a reason for that and the

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industry has earned it. I'm out here to

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change it. I'm going to change it. I've

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changed a lot out here. We're the

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biggest baddest group out here. Licensed

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in all 50 states. Everybody in my

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office, my headquarters in Las Vegas,

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not on commission. They're legally

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talking to you because they're licensed

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in all 50 states. If anyone else is

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talking to you and they're not licensed,

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it's illegal. I'm going to clean it up.

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Choose us. Choose me. Interact with me.

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Stantheanuityman.com.

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Hope you enjoy that video.