Best Practices For Combining Annuities And Life Insurance For Retirement

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Hey Stan, what are the best practices

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for combining annuities and life

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insurance for retirement? Hi, my name is

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Stan the Annuity Man, America's annuity

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agent, licensed in all 50 states of

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Puerto Rico. Founder of CGO contractual

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guarantees only. You own an annuity for

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what it will do, not what it might do.

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Before all of you panic and think that

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Stan doesn't have a logoed sweatuit on,

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the logo is in black. Maroon and black.

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Black. Black matching. Yeah, my wife is

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sitting there going, "Yeah, it's all

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matching. It's got to be matching. Hey,

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we're going to talk about annuities and

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life insurance and how they can combine.

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And I'll give you some examples to put

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in the back of your head, but it's one

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of those things where these are

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customized strategies and you need to

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speak with me oneonone. Well, I'll tell

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you how to do that all of that after

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this.

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All right. So, first of all, life

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insurance companies issue annuities. I

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always tell people life insurance

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companies have the big buildings for a

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reason. Because they know when we're

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going to die. Property and casualty

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companies don't know when the

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hurricane's going to hit or the fire is

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going to happen or the glacier breaking

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off and flooding Nepal, which recently

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happened. Holy crap, did you see that

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video? I know I'm going to date myself

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evergreen wise like five years from now,

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but even five years from now, if you

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haven't seen the video, go see the video

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because there's like a boulder the size

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of a house being rolled down by the w by

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the water. It's like, oh my gosh, it's

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leverage.

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But you know what else is leverage?

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Annuities and life insurance. Now, let

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me give you some examples of how this

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can work. If you said to me, Stan, I

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want to buy a term life insurance, level

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term life insurance, which is what I

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have. I think you you you buy life

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insurance. Um, and it's, by the way,

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life insurance is the best return on

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investment you'll never see because

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you're dead. Think about it. By the by

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the most death benefit for the least

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amount of money. You don't have to buy

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whole life and index universal life and

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all that stuff. If you don't believe me,

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Google Dave Ramsey and see what he says

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about it. They'll go crazy. His head

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pops off when he talks about Clark

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Howard by level term. But let's just say

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you had a level term policy at age 95

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and that that uh monthly premium was

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$1,000 a month or $12,000 a year. You

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could buy an immediate annuity solving

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for the $1,000 a month, have that

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payment go directly to the life

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insurance company to pay for your life

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insurance, life only. If you want to get

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fancy with it, I had a guy do this the

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other day. He said, "Stan, the life

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insurance policy is $1,000 a month." We

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just use that as example. I said, "Well,

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think about doing this, Fred. Add your

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wife. Add your wife as joint life only.

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Meaning that when you die, she gets the

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lump sum death benefit in the

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continuation of the lifetime income

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stream. Hello, you hearing me out there?

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Yes. Now, there's there's other things

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called irrevocable life insurance trust,

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eyelets, ILIT. These are things that you

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need to speak with your estate planning

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lawyer, your CPA, and tax lawyers. These

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are tax advice situations. Have I done

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them before? thousands of times. Do I

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understand them backwards and forwards?

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Yes, but legally I can't give tax

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advice. They can, but I can be on that

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call and help them with that. But if

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you're thinking about life insurance and

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you're thinking about how to pay for it,

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you might want to think about a single

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premium immediate annuity, which is a

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commodity product. You can go to my site

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and quote it for the highest contractual

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guarantees, A+ or better. and you can

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have that that income be sent directly

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to the life insurance company to pay for

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that premium. So yes, you can leverage

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those things. Now, that's one way to do

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it, just kind of leveraging annuities

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and life insurance together. But I think

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life insurance, life insurance as its

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own standalone is a great product. Now,

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see, I I have life insurance. I have a

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lot of it on me. So if I die just

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unexpectedly, somebody's killed me just

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for the life insurance proceeds. But the

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point is I have that. That's part of

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what we have. That's part of what my

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wife and I our plan um her and the girls

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are the beneficiary. I'm not funding it

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with a with a SPIA. probably should and

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might, but not I'm not doing that with

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what I'm doing is that's a tax-free

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lumpsum probate free amount my wife's

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going to get or my daughters or

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combination. Okay. But the way that we

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use annuities with the life insurance is

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my wife and I, the queen of 38 years, we

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buy migas. MAS are the annuity industry

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version of a CD. Um, I call them annuity

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bonds because of my days at Morgan,

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Stanley, Dean, Water, Pane, Weber, UBS.

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You're buying a piece of paper, a

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guarantee from a from a life insurance

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company, and it's guaranteed interest

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rate for a specific period of time. To

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me, that's an annuity bond. What we do,

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because the annuity man is a privately

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owned company, um, family-owned company,

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all of the profits are are, you know,

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not in an IRA. You know, most

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entrepreneurs out there, if if you're an

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entrepreneur, you know what I'm talking

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about. There's not a lot of IRA money

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because we were building the company.

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You know, I'm offering 401ks and

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matching for all of my team, which is in

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Las Vegas, Nevada. Biggest team out

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there, all under one roof. We're open 12

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hours a day, five days a week, and eight

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hours on Saturday. That's 68 if you're

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counting per week. All licensed, not on

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commission, trying to help you. But what

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the queen and I do is we buy migas for

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tax deferred growth because in a

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non-qualified nonirra account that

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interest grows and compounds tax

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deferred. We have a quadrillion dollar

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in there. We have a ton of money because

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I don't need growth. I don't need the

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market because the annuity man as a

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company is a growth stock. It's a hockey

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stick growth company. It makes Nvidia

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look like a utility stock. Okay. The

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reason is we only sell contractual

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guarantees. We're licensed in all 50

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states. We tell the truth. Nothing

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fancy. There's no hype. So, when you're

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looking at life insurance and annuities,

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annuities solve for four things:

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principal protection, income for life,

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legacy, and long-term care. We ask two

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questions. What do you want the money to

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contractually do? When do you want those

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contractual guarantees to start? From

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those answers, we can determine which

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annuity is going to provide the highest

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contractual guarantee for your specific

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situation. You go to my site and quote

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all day long, 24/7, 365. You can

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actually fill out an application

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uh yourself, encrypt it, and get 85% of

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the way to the finish line. Right now,

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the annuity industry at the time of this

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taping, you have to have a licensed

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person at the very end of the um

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conversation to talk to you. And

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everybody in my office is licensed in

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all 50 states, even the receptionist,

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because they have to be legally to talk

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to you. Okay.

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But life insurance,

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I I I just think everyone should should

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get it. Everyone should have some,

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especially you a personalities out there

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like me. It's got to be there for the

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wife. It's got to be there for the kids

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regardless of how much money you

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accumulated. Now, there does come a

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point in time, and I'm I don't know

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where I'll I'll look at that line, but

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if you have enough money in the migas,

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do you really need the life insurance?

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So, I guess we're going to cross that

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bridge if I live to age 90 because it's

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level term till my age 90. Heck, if I'm

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if I'm age 90, these will be some fun

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videos because you'll be like, you know,

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I'm going to call it the uh annuity

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depends hour because I'll be wearing

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depends and in and the and the videos um

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getting done will depend on me

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hitting on all cylinders. Man, I could

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really play off that annuity depend. You

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know, if I got depends,

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I wonder if they I wonder if I could get

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depends with the annuity man logo on it.

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Yeah, that's that's disturbing. The

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point is annuities and life insurance

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are both contractual. They both do what

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they say they're going to do. You're

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going to get a policy, which is a

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contractual guarantee. For the

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annuities, that's a that's a life

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benefit because you're alive. life

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insurance is a death benefit because

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you're dead. Now, there are some

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situations where life insurance can

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there are some products out there that

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can help with long-term care that are

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life insurance chassis and

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foundationally, but the vast majority of

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the time you use life insurance is for

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your death benefit. Okay? It's just part

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of an asset allocation. It's part of the

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plan just like annuities should be part

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of the plan. my opinion the death

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benefit is a probate free death benefit

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for my family

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the annuities that's a life benefit for

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us right now it al also can be a death

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benefit but I'm making the decisions on

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when I'm living primarily for for

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annuities it should be for the income

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floor social security is the best

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inflation annuity you have on the planet

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okay period if you have a pension you're

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fortunate you're one of the 9% that have

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it then the rest should be annuities to

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solve for that income floor to put in

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place that income floor that makes you a

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better investor. Annuitities

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and life insurance should never be

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purchased for non-g guaranteed returns.

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There's a lot of shenanigans on the life

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insurance side. There's a crapload of

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shenanigans on the annuity side. All of

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them are shenanigans that you shouldn't

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fall for. Never buy potential, by

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contractual guarantees. Okay? Do me a

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favor. There is a there's a uh video

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that I did on how to use annuity

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calculators and quote systems. I have

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the best one. We just released it. I'm

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very proud of it. Check the date of

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this. Uh I think it's been out about a

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month. Uh the numbers are staggering

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now. Many people are using it. But you

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can run quotes anonymously and get the

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same quotes that I was offering before.

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We just don't require you to put in your

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name. We don't require you to put in

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your email address. And we do not

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require you to put in your phone number,

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just your date of birth, gender, and

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state of residence, and you get the same

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quotes. I am the only one that does that

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for real. There's games being played out

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there. Well, sign up here for an

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account, and no, run the quote. I've got

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confidence in you that you're going to

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give me a shot at your business as your

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agent, but I'm going to provide that

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quote because I don't know about you,

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the internet's a little sketchy. I don't

10:34
want to put my personal information on

10:37
the internet just to get a quote. You

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getting Come on. I'm changing this

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thing. I'm throwing the gauntlet down.

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This is a proconsumer product. Lifetime

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income is the monopoly that annuity

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companies have that no other product

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has. And we're going to provide you

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those quotes, quoting all carriers. All

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right? So, watch that video. Get in

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touch with me. Stantheanityman.com is my

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email. You could book a call, but get in

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touch with us. Get into the process. We

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There's no expectations on our end

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except to do the same thing we're going

11:08
to do. Tell the truth.

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All right. My name is Stan the Annuity

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Man. We'll see you next time.