How Do Annuities Work In Simple Terms?

0:00
Hi there, Stan the annuity man.

0:01
America's annuity agent licensed in all

0:03
50 states in Puerto Rico. So how do

0:05
annuities work in simple terms Stan? Be

0:07
simple Stan

0:09
simpleton simple Stan Rumple Stillilskan

0:13
I don't know we can break it down but as

0:16
you know if you if you just stumbled

0:18
across me this is your first video with

0:20
Stan the Nudman welcome. But you're

0:22
going to find out that this is what I

0:24
do. I put things in simple terms so you

0:26
can understand them because there's a

0:28
lot of gobbledygook nonsense. There's a

0:31
lot of confusion that is put out there

0:34
for a reason to confuse you. Um, and

0:37
there's a lot of high pressure nonsense.

0:38
We're going to rip all of that off. I

0:41
guess rip the rip the scab off the Is

0:44
that the way I should say? I'm gonna rip

0:46
off the scab and put it in simple terms

0:49
after this.

0:56
I think those rip off the band-aid.

1:00
But, you know, if you're if you're poor,

1:01
you don't have band-aids.

1:03
You just have scabs.

1:06
[laughter]

1:07
Annuities in simple terms, they're

1:08
contracts. Okay? Um, if you if you take

1:11
one thing from this video is do not buy

1:13
annuities for potential. Do not buy

1:15
annuities for hypotheticals. Do not buy

1:17
annuities for back tested. Do not buy

1:19
annuities for upfront bonuses. Do not

1:22
buy annuities for non guaranteed

1:25
returns,

1:26
hopes and dreams, and unicorns chasing

1:29
the butterflies.

1:30
Do not go to expensive steak dinner

1:32
seminar and go, "That sounds pretty

1:34
good. I hope it works. If it does, it's

1:36
going to be great. It's not going to

1:38
work, and it's only great for the agent

1:40
selling it." Annuities in simple terms

1:42
comes down to comes down to the acronym

1:44
pill that I came up with which is what

1:47
annuities contractually solve for. P

1:50
stands for principal protection. I

1:51
stands for income for life. L stands for

1:53
legacy. The other L is long-term care.

1:56
That's it. There's no M for market.

1:58
There's no S for stock. There's no B for

2:00
Bitcoin. Annuities are contractual

2:03
guarantees. You ask two questions. What

2:05
do you want the money to contractually

2:07
do? And you answer that question. And

2:10
then when do you want those contractual

2:11
guarantees to start? You do not buy

2:13
dreams, you buy contractual realities.

2:16
Life insurance companies issue

2:17
annuities. And when you get your

2:19
annuity, you're going to get a policy,

2:21
which is a contract. So why not buy the

2:23
contractual guarantee

2:25
and not the agent sales pitch? There

2:27
should be no sales pitch with annuities.

2:30
Well, I just heard this a sales pitch

2:33
nightmare out there. It is. Now, we're

2:36
number one for a reason. We're the top

2:38
direct to consumer um platform on the

2:41
planet. Someone commented the other day.

2:44
I saw this. I get all these people send

2:46
me these people hate you. Of course they

2:47
hate me. I'm changing the industry. The

2:50
industry hates you. Here's what they

2:51
said that you're not direct consumer. Uh

2:53
yes. Yes, we are. [laughter] Okay.

2:56
Define it however you want to.

2:58
We don't meet with any clients face to

3:00
face. You buy it directly from us. We

3:04
represent the companies. I guess to them

3:06
they think it's direct. It's direct from

3:08
the annuity companies themselves. And

3:11
there's only a couple of those and

3:14
they're they're not they're great, but I

3:16
mean they're they're not setting the

3:18
world on fire. We're setting the world

3:20
on fire. Why? Because we don't look at

3:23
the name. We don't look at the the logo.

3:25
We only look at the contractual

3:27
guarantee for lifetime income. It's A+

3:28
or better and the highest number. A+ or

3:31
better, the highest number. A+ or

3:33
better, the highest number. But stand is

3:35
do you not like you know western,

3:37
northern, southern, eastern? Just made

3:39
that up. Don't care. A+ a better and the

3:43
highest number. Here's the other thing

3:44
that we do differently other than we're

3:47
open 12 hours a day, Monday through

3:48
Friday and eight hours on Saturday.

3:50
That's 68 hours a week. That's

3:51
unmatched. Nobody's even close. We'd be

3:54
open on Sunday, but I want to re remain

3:56
married to my lovely wife Christine of

3:59
38 years because if that happens, she's

4:01
out. Okay? She's out. that ain't doing

4:04
God's work, you know? And I don't want I

4:06
don't want to make him mad at all. He's

4:08
probably already mad at me. You know

4:09
what I'm saying? But we're open all I

4:12
mean, [sighs and gasps] Las Vegas,

4:14
Nevada, 5:30 in the morning to 5:30 at

4:16
night, which is 8:30 in the morning to

4:17
8:30 at night Eastern.

4:20
We do that to work around your schedule.

4:23
You can go to my site and run quotes

4:25
without putting your information in.

4:27
Just your date of birth, your gender,

4:28
and your state of residence and get the

4:30
quote.

4:32
the only ones doing that. We're the only

4:33
ones with the guts and the balls to do

4:36
that. I'm not trying to build a

4:38
database. I'm trying to change the

4:40
industry. And we are changing the

4:42
industry. We're number one for a reason.

4:45
I'm contrarian.

4:47
I'm I'm not just contrarian to be

4:49
contrarian. I'm contrarian because this

4:51
is the way to do it.

4:54
You can go to my site, download owners

4:56
manuals. You can see live migaheds. You

4:57
can go to my You can watch videos. I've

4:59
done 2,000

5:03
in counting. Do one every day. I've

5:05
committed to do one every day until they

5:09
take me away.

5:11
They tap me on the shoulder and the the

5:13
two guys in the white suits say, "Stan,

5:16
it's time for you to leave now. We're

5:19
going to go to the other studio." The

5:21
other studio that has the bars on the

5:23
windows. That's the ones we're going to,

5:25
Stan. Eventually, that's going to

5:26
happen.

5:28
And my wife probably won't visit. She'll

5:31
just send letters and stuff, which is

5:32
good. Annuities are contracts. Okay,

5:37
annuities should they're non-correlated

5:40
assets. Non-correlated. Damn, that's not

5:42
simple. Let me tell you something right

5:44
now. I don't even know what

5:44
non-correlated mean. What does that

5:46
mean? That mean I'm not married anymore?

5:48
Maybe. Um, it means it's not attached to

5:52
the markets. Non-correlated means it has

5:55
nothing to do with CNBC, Fox Business,

5:59
and Jim Kramer. By the way, Jim Kramer,

6:06
someone said, "You're like Jim Kramer."

6:08
No, no, no, no, no, no. I'm right. Okay.

6:14
Plus, he's vertically challenged. I'm

6:17
66. I can see everything better. I can

6:19
see markets better. I'm taller.

6:23
Vertically challenged is the politically

6:25
correct way to say short. He really

6:27
short.

6:29
I like Jim. I met him one time just I

6:32
said, "How you doing?"

6:35
[laughter]

6:38
That's That's not nice. [laughter]

6:41
How do they work? In simple terms, they

6:42
work. Annuities work because the

6:44
contractual guarantees are what they

6:46
are. Lifetime income products. There's

6:48
four SPDs as QX and income writers. How

6:50
do they work? They pay as long as you're

6:52
breathing or if you're on a respirator.

6:54
Do they pay when I'm 152 years old? Yes,

6:56
they do. How do MIGAS work, Stan?

6:59
Multi-year guarantee annuities. The

7:01
annuity version of a CD. How does your

7:03
CD work? Well, my CD, you know, it

7:05
protects the principal and it pays an

7:07
annual interest rate. Bingo. That's what

7:09
Moses said.

7:12
In simple terms, they work and they work

7:14
contractually. where you might make a

7:17
mistake and where I'm trying to prevent

7:18
that mistake is Johnny Apple Seed agent

7:20
advisor trying to sell growth.

7:23
They are a joke. My comment to them is

7:28
because I worked at on Wall Street. Why

7:30
wouldn't I just buy real growth? Why

7:32
does the growth have surrender charges

7:34
on them? Real market growth should never

7:37
have surrender charges.

7:40
I'm Wall Street's best friend. I'm

7:43
expecting this year to get love letters

7:46
from Jamie Diamond, the Goldman Sachs

7:49
guy, all those guys. Why? Because I'm

7:52
putting in income floors for people with

7:54
annuities in addition to social security

7:57
and then telling people to go invest the

7:59
rest.

8:00
I'm the best thing that ever happened to

8:02
Wall Street. I'm the best thing that

8:04
ever happened to advisors that that

8:06
focus on managing money, non-anuities.

8:09
That's how they work. Simply income

8:11
floor, principal protection. Remember,

8:13
principal protection, income for life,

8:15
legacy long-term care. Most people focus

8:17
on the P and the I, principal

8:19
protection, and income for life. I

8:22
encourage you to go to my site,

8:22
theanuityman.com. You can email me,

8:24
stantheanuityman.com.

8:28
You can also schedule call, call you

8:30
right on the dot. That's the only time

8:31
we're going to ask for your phone number

8:33
um and email because we need the email

8:35
to send the confirmation. I need the

8:36
phone and number to call you. Otherwise,

8:39
everything on my site, you don't have to

8:40
put that stuff in. You can get quotes.

8:42
You can see live ma feeds. You can get

8:44
speed of DQ like income writer quotes

8:45
without putting in your name, your

8:47
email. All you have to do is date of

8:48
birth, gender, and state. We are the

8:50
only ones that do that. Hopefully,

8:52
hopefully there'll be others that try to

8:55
copy Stan the annuity man, which is, you

8:58
know, do you copy Jimmyi Hendricks? No,

9:01
you don't.

9:03
Do you copy Elvis? No, you don't. You

9:07
have you have bad people that try to

9:08
beat all this, you know, like no one's

9:12
gonna be standing nuity, man. They know

9:13
that.

9:15
And by the way, I do one of these a day.

9:17
Every single day. I told the queen,

9:19
"We're doing a video a day." She's like,

9:21
"Okay, whatever." Off she goes. And

9:24
that's good. That's 38 years of

9:26
marriage. That's that's called

9:27
communicating 38 years of marriage. Hey,

9:30
one last thing. Spinning clock above my

9:32
head is a video I did on uh it's called

9:35
Hey Annuity. haters, you already own an

9:38
annuity. Hello. You're going to like it.

9:41
It's a lot of fun. Hey, thanks for

9:43
joining me. I'm Stan the Annuity Man.

9:46
See you next time.