Guaranteed Retirement Income Products

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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. Today's topic

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is about guaranteed retirement income

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products. The monopoly that the annuity

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industry has is lifetime income. You're

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like, really? Yes. Yes. I mean, you

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would think that from a marketing

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standpoint, someone in the Grand Pub

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chair of the annuity industry, which

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should be me, but is not at this point,

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would just be going lifetime income,

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lifetime income, lifetime income,

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lifetime income. Because isn't that what

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we all want at the end of the day? We

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already love the be the the best

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lifetime income product on the planet,

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social security, because it increases

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with inflation.

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But somehow the uh annuity industry has

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blown it. But you know what? I'm going

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to pick up the pieces for them as I

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always do. I'm going to carry the mantle

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across the finish line and talk to you

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about guaranteed income retirement

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products and the best ones that are out

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there that you might consider after

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this.

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[music]

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A little bit of background, a little bit

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of history because I know you want that

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for me. Annuities were were developed in

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the Roman times as a pension for the

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beautiful Roman soldiers and their

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families. Latin word annu annual means

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payment and that's where annuities came

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from and they've been sold in this

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country for a couple hundred years. Um,

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primarily the single premium immediate

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annuity version of lifetime income. But

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the annuity category is the only um

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category in the financial business that

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provides a lifetime income stream. Don't

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come to me and say, "Well, how about a

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30-year bond?" Shut up. Okay? You know

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what I'm talking about. If AI solves for

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lifetime income, for life for life

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expectancy, you start living forever.

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Lifetime income products are going to

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become very very important. And it's

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also going to be become important who

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you align that money with to guarantee

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that lifetime income. That's the reason

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with us. it's A+ or better, period. When

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you're doing lifetime income, there are

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four types of annuities that provide

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lifetime income. Meaning, as long as

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you're breathing, it's going to pay.

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Meaning, there's no ROI until you die.

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Meaning, if you set it up joint life

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with your spouse, that it's going to pay

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as long as one of you is breathing,

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uninterrupted and unchanged. Meaning

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that we can structure it so that 100% of

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any un unused money goes to your family,

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not the annuity company. That's the

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biggest misconception I hear. So many

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people like, "Stan, I really like the

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thought of that, but I don't want, you

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know, if I die, I don't want the company

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to keep the money." 99% of the of the

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annuities that we structure for people,

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we sell more than anyone in the country.

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Um, they're set up so that 100% of any

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unused money goes to to the family, not

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the annuity company.

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I mean, you can structure it that way.

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So, here are the four types. single

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premium immediate annuities. And

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typically that's a product that if you

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answer the two questions I asked, what

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do you want the money to contractually

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do? Income, when do you want that to

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start contractually within a year?

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That's an immediate annuity. Okay? If

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you go past a year in deferral, then you

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can use what's called a deferred income

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annuity. A deferred income annuity is an

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immediate annuity structure that you

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defer past a year.

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Within that same family of annuitization

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type products, payment products, is

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what's called a QAC, qualified longevity

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annuity contract put on the planet in

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2014 by the Treasury and the IRS so that

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you could use your IRA funds with a QAC

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for lifetime income and you get some tax

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benefits as well. So people that say

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never buy a new side of an IRA, just

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dumb. Stop talking, okay? Please, you

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know, you're making us all lose IQ

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points just listening to you. So a QAC

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can only be used in a in an IRA IRA type

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setting. All right, but all and then the

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the fourth one is an income writer

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that's typically attached to an index

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annuity of which we could care less

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about. The index annuity is nothing more

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than a delivery system for that income

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writer guarantee. So SPDSQ likes income

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writers. That's it. That's lifetime

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income. No ROI until you die. Will pay

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forever. A+ or better. quoting all

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carriers for the highest number.

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It's really that simple. Now, QLAX can

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only be used in a traditional IRA

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setting. 401k IRA, okay? 43b, 457,

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whatever. The other three, SPSD is

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income writers, any type of of account,

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non-qualified, Roth, it any of it can be

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used. IRA, it can be used in IAS. So the

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only one that's just solely IRA is is

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the QAC and Q stands for qualified

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qualified money QAC. The rest can be

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used anywhere. And part of what we do

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biggest biggest distributors and sellers

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of annuities out out here, but I still

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own the company. I still run the show.

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Buck still stops with me. And I want to

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talk with you if you are are getting

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serious about making a decision.

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Certainly, we want you as a client, but

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I want to make sure it's suitable and

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appropriate for your situation and

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you're using the money in proportion and

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allocated properly. You can go to my

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site at theanuityman.com and download

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books, schedule a call with me and run

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quotes or you can just send me an email

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stantheanuityman.com.

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But guaranteed guaranteed retirement

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income products, four

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four primary ones that you need to shop

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and shop all carriers. Now let's talk

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about how these income products are

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priced. The primary pricing mechanism is

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your life expectancy or if it's joint

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life expectancy is at the time you start

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the payment. Interest rates play a

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secondary role. Interest rates play a

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secondary role. Interest rates play a

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secondary role. It's all about life

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expectancy. The older you are, the

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higher the payment. Let me drive it home

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one more time. What's what's a higher

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payment for social security? When you're

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65 or when you're 70? You are correct.

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70 because you were older because you

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have life less life expectancy which

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means there's less projected payments

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which means those payments are higher.

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Don't try to thread the needle. There's

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no sweet spot moment and arbitrage

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moment that you're going to beat the

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annuity company. You're not Chester

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Gordon Gecko. You're just not. It's life

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expectant. You're transferring the risk

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for them to pay you for as long as you

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live. And if you draw the account down

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to zero, they're still going to pay.

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That's the value proposition is you're

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transferring the risk to the annuity

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company to pay regardless of how long

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you live. And if you're on a respirator

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and if AI shortens the life the medical

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breakthroughs and lengthens out the life

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expectancy tables, you win. Right now, I

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think it's a bargain life expectancy

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because those tables haven't changed

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yet, but they're going to. People, well,

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probably not probably not going to be

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that quick, Stan. Listen, what hasn't

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been quick with AI?

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By the time you see this, it's probably

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already happened.

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And with AI, who knows? The point is A+

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or better to make sure that those

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guarantees can be backed up by the

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company.

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So life expectancy drives the pricing

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train. Another thing is lifetime income

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quotes. They change like a gallon of

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milk every seven to 10 days. These

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companies are bidding on your business.

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They're bidding on your life expectancy.

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They're bidding on your ages. And if

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they have enough of you, then they lower

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the guarantee the next week not to

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attract you. So that's the reason I say

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annuities are all commodity products. We

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shop all carriers for the highest

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contractual guarantee. We don't care

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about the name. We don't care about the

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brochure. We don't care about any. We

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don't care. What's the number? A+ or

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better. What's the number? A+ or better

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after we shop all carriers. It's that

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simple of a decision. Period. Now, you

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might say, "Well, I like XYZ company.

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I'm not going to name companies, but you

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might have one that you just love."

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Well, then buy it through us. But my

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opinion, A+ or better, choose the

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highest number. It's a bidding war.

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There's not one company that's better

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than the other. It's a commodity

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product.

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So, guaranteed retirement income

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products, we specialize in that. I've

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written books, owners manuals on every

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one of them. You can download those for

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free. You can run quotes on my site for

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free. You can talk to me for free. We

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want to be your agent. We want to be

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your annuity advisor. We want to be part

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of your team. Give us a shot at it.

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See what you think. We're not hammers

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looking for nails.

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We sell contractual guarantees, you own

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an annuity for what it will do, not what

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it might do. And for contractual

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guaranteed retirement products, will do

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all day long in a bag of chips, as they

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say in the south. Okay, one last thing.

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I did a video on how annuities can help

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your family and help protect your

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family. There's some strategies in that

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video that I shared some I do personally

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for my family that might be something

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you want to put in the back of your

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head. How do I take care of people when

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I'm gone? How do I dictate it from the

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grave? for lack of a better phrase. You

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can do that with annuity contracts. I

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think you'll like that video. It's kind

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of cool and uh it'll it'll get your head

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rolling a little bit. It might evoke you

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to uh and push you to schedule a call

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with me so we can discuss it and I can

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put together a customized plan. Hope

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that's the case. Thanks for joining me.

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See you next time.