Do Not Throw Annuity Darts at Your Death

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Welcome to Shooting It Straight with

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Stan. I'm your host Stan the Annuity

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Man, America's annuity agent, licensed

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in all 50 states. Today's topic is do

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not throw annuity darts at your death.

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You're going, "Wait a minute, what?

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Annuity darts?" Yeah, annuity darts.

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I'll give you an example. I get a lot of

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calls. It's like, "Well, uh, Stan the

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Annuity Man, I've watched a million of

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your videos and I really like the hat

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and all that stuff and you know, I have

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to go through the Carolina blue and I'm

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from North Carolina, all that stuff."

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And then they'll say, "I really don't

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need the income now, but I will need it

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at my death to take care of my spouse."

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Okay. So, what do I buy now, Stan? So, I

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can do that. Well, that's throwing

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annuity darts at your death. I don't

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know. You know, you don't if that's the

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case, you do not buy something now, not

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knowing when you're going to die, unless

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you do know when you're going to die,

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which is kind of eerie, and I really

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don't want to know that because then I

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will be a witness. But nobody really

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knows. So here's how to take care of

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that specific situation. So you say,

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"Wait a minute, Stan. I want to buy. I

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want to take care of it now, but I don't

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know when I'm going to die." What you'd

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rather do, what I'd rather you do, and

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the annuity sales gods from above are

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looking down upon me right now and

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going, "Oh, here he goes again. Selling,

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not selling annuities. No, I'm telling

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you the truth. Here's what you do. If

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you need income to start at your death

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to take care of a spouse, then go to

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your estate planning lawyer and say,

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"Hey, when I die, have an single premium

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immediate annuity purchase for my wife

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to solve for this income amount or to

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use a specific lump sum." And if you go

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to my site at theanuityman.com, you can

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run those quotes to see what, you know,

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a lump sum would pay out. Or if you

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said, "She needs $2525

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a month. when I die, I've just I've

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figured it out on my spreadsheet. We can

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solve for that. We can reverse engineer

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that quote in order to solve for that

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specific dollar monthly amount. But

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don't have anyone convince you to buy,

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you know, Johnny Apple Seed annuity man.

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Annuity man, Johnny agent Apple Seed.

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I'm the annuity man. There's no Johnny

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agent. Okay. How convince you to buy

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something now and say, "Well, yeah, your

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wife could just turn it on when you

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die." You don't have to do that. Could

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you do that? Yes. Will we run those

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quests for you? Can you run them at the

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annuity man? Yes. But my position on

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this is keep your powder dry. Military

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military guys out there, nod your head

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and ladies and then have it be purchased

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at the time of your death. I always say

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death is not a good strategy because you

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can only use it once. Think about it for

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just a sec. You can only use it once.

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But it, you know, things can be

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triggered legally through a trust set up

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with your estate planning lawyer. not

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some agent telling you what to do. You

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have to go see an estate planning lawyer

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and say, "This is what I want to have

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happen." I've done that for myself, my

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lovely wife Christine of 37 years. When

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I die, when my rented leerjet hits the

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mountain and goes kapoof, there are

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things that are going to happen and and

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income that's going to be triggered at

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that time.

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Okay? Now, the sales pitch that you're

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going to hear is, "Well, huh, Mr. job.

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If you buy my index annuity, the income

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writer, then you're going to get this

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accumulation value and the income writer

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is going to grow and grow.

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Stop. Sales pitch nonsense. Okay? If you

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want to put the square peg into the

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round hole of annuity sales, that's the

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way to do it. Okay? But if your goal is

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you're not involved in the income

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stream, your spouse is involved in the

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income stream. you don't know how long

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you're going to live, but you want that

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to be triggered at the time of your

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death. Then the way to do it is have it

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triggered at the time of your death

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legally. Hopefully, you use us at that

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point in time. Your estate planning

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lawyer calls calls your wife. She's

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cried for about a day at your funeral

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after she drove back in a Lamborghini or

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rented helicopter and says, "Oh, by the

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way, in the trust here, Fred, you're

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Fred. Fred said you have to buy an

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immediate annuity with this amount of

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money for a lifetime income stream,

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which means that you can go to Italy and

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Ireland and stay in the castles and all

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that stuff. All right? So, what I'm

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telling you is if death is part of the

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strategy and your death is part of the

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strategy and you want things to trigger

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your death as part of the strategy and

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part of the contractual guarantee, keep

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your powder dry. write that into the

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trust and then at the appropriate time,

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which is your death, that will be

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triggered to be purchased. Got it? Good.

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Now, the sales guys are yelling at me in

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this ear right here. You just told them

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not to buy. Yeah. Because it's the

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truth. And that's the reason you need to

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use us at theanuityman.com.

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Call us at 1800509-6473

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or go to theanuityman.com

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and schedule a call with one of my great

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people that work in Las Vegas, Nevada.

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That's where our home office is. Um, you

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might even get me if I'm flying through

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one of those days. Hey, that's shooting

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it straight with Stan. See you next

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time.