How Does An Annuity Work 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 and Puerto Rico.

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Like saying that behind the camera is

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Dr. V. He speaks fluent Venezuelan,

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whatever that means. Today's topic is

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how does annuity work in retirement? How

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can I make an annuity work in

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retirement? Should an annuity work in

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retirement? I'm kind of spitballing all

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of that, but we're going to talk about

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that and how to narrow it down to the

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specific product.

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There's lots of annuitities. They're not

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just one annuity, okay? It's not like

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there's not one restaurant. There's not

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one truck. There's not one pair of

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shoes. There's not one annuity. So,

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we're going to see how an annuity can

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work in retirement for your specific

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situation and make it very easy for you

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to decide if it does or if it doesn't

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after this.

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Okay. So, how does an annuity work for

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retirement? So, let's let's just make it

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plural. Annuities.

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So, let me ask you a question. How does

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your social security work in retirement?

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Because social security is the best

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inflation annuity on the planet that you

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already own. And your answer is, well,

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it provides a lifetime income stream for

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as long as I'm breathing. I can set it

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up for my spouse and blah blah blah blah

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blah. Exactly.

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It's a pension payment.

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How does annuity work for retirement? If

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you have a pension, you know how that

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works. It's paying you for life.

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How does annuity work for retirement,

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Stan? It really comes down to two

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questions. What do you want the money to

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contractually do? And when do you want

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those contractual guarantees to start?

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Annuity T doesn't always mean payment.

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Annuity T can mean four things. Acronyms

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pill. P stands for principal protection.

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There's annuities for principal

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protection, not lifetime income. The the

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I income for life. There's annuitities,

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what you're thinking, that provide

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lifetime income. There's four types.

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Okay? We're going to tell you how to

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decipher how to get to the best type.

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that's going to provide the highest

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contractual guarantee. On the pill,

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we've done P and I. The L stands for

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legacy. There are annuitities that

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provide legacy that you can that'll grow

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and you can leave to your family. And

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the other L is long-term care. There are

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annuities whether you can't Well, if you

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say, well, the me and the MS can't

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qualify for long-term care because those

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those boys all they want to do is ensure

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young, healthy people. You're correct.

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But there are annuitities that provide

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long-term care. Even if you're out there

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smoking 12 packs a day and drinking a

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bottle of Jack, first of all, good for

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you. You're a goal setter. You're not

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going to be here long, but enjoy it. But

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there are long-term care products for

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that. So, principal protection, income

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for life, legacy, long-term care, and

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the two questions, what do you want the

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money to contractually do and when do

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you want those contractual guarantees to

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start? It's that simple. How does an

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annuity work for retirement? It works

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like that. you're buying the contractual

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guarantees.

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Annuities do not work in retirement if

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you're looking for market growth. If

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you're looking for stock market growth,

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don't buy that. Just go buy the market.

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Go buy stocks. Go buy mutual funds. Go

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buy Bitcoin. Go buy Go buy whatever

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ETFs. You can't have your cake and eat

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it, too. Buy the annuities for the

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contractual guarantees. How do they work

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in retirement? They work to shore up

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that income floor. What's the income

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floor? That's the money that's hitting

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your bank account every single month

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regardless of what happens in the world

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in politics in DC and your state or

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whatever

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social security pension dividend stocks

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rental income whatever is happening

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coming in annuitities for lifetime

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income can provide that now there's four

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types single premium immediate annuities

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deferred income annuities qualified

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longevity annuity contracts that can be

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used in your IRA and then income writers

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all of those are lifetime income

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products all of those can They

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structured so that 100% of any unused

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money when you die goes to the family,

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not the annuity company. It's a big

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misconception that when I die, annuity

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company keeps the money. You can

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structure it that way. If you're a

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missenthrop and you hate people, cool. I

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had a guy call the other day and I said,

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"Hey, you know, life with cash refund,

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life with installment refund, life

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only." He goes, "Life only. I hate I

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hate my family. They make me sick." I

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went, "Good. Life only. That means when

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the bus hits you day two, money goes

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poof." And I told him that. He goes,

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"I'm fine with that. I just don't want

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them to get any of it." Great. But 99%

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of the people out there that we do

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business with and my team that's

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headquartered in Las Vegas, all they're

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licensed in all 50 states, not on

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commission. They can take your

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application from start to finish. Best

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in the business. We are the best in the

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business. People try to emulate our

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system. They can't. First of all, we're

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open 68 hours a week, 12 hours a day,

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Monday through Friday, and eight hours

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on Saturday. Nobody does that but us.

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Okay? Nobody. How does an annuity work

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in retirement? It works when you

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understand the contractual guarantees

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for lifetime income. One rule that I

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have, it's got to be A+ or better from a

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rating standpoint. And then we choose

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the highest number. So A+ or better.

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Quote all carriers. Choose the highest

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number. Sounds pretty simple, Stan. It

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is simple. No product brochures. No, it

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don't. It doesn't matter. None of it

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matters. All of it's gobblygook.

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A+ or better in the number. That's it.

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We show all companies on my site. If you

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go to my site at theanuityman.com or run

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quotes and look at the migraphy, we we

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show everybody. That doesn't mean that

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I'm recommending them. If you see an

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A-rated company on a lifetime income

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quote, I'm not recommending them, but we

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show everybody because we're the top

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agent in the country. We're licensed in

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every state in Puerto Rico. We want

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everyone to see everything and then

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we're going to tell them our

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recommendation. I'm batting a thousand%

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by the way. you're keeping score over

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the last 30 years. How does an annuity

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work in retirement? It works just like

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you want it to work. It works how you

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customize it. It works based upon those

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answers to those two questions. What do

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you want the money to contractually do

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and when do you want those contractual

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guarantees to start? It will work like a

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charm if you buy it for the contractual

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guarantees. It will not work ever if you

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buy it for potential hypothetical

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theoretical back tested unicorns chasing

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the butterfly growth. It will not work.

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It just won't. It It might work one

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year, but it's not going to work long

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term.

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I know what I'm talking about. I came

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from Morgan Stanley, Dean Wood, Payne

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Weber, UBS. I understand that side of

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the market. I'm still flabbergasted that

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the story still exists out here. Well,

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you know, annuities can be for growth.

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No, they can't. Nope. No, no. Go get it.

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Go get unlimited growth, but buy the

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contractual guarantees. How does annuity

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work for retirement? Contractual

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guarantees. I'm the only one out here

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saying that. Everybody else can't help

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themselves. They got to go to that

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growth story because they want to be a

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master of the universe. They want to be

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able to throw the dart and make it work.

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Listen, most at the time of this taping,

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most most advisors in the business have

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never seen a down market. I bought

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cowboy boots older than most advisors.

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I've seen down markets. One of the cor

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there's been a couple corrections, but

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one of them was one of my kind of in my

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first year and guy got shot in the floor

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below me with another firm. Client

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walked in, boom, killed. I've seen

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markets go down. Markets go in cycles.

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And maybe we're in a situation with with

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AI at the time of this taping that

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markets just won't go down anymore. Who

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knows?

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All I know is this. Our business is

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booming and we want you as a customer.

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And the reason is it's booming. People

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want guarantees. So, how does annuity

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work in retirement? That's how it works.

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And if you do that, you're going to be

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happy.

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We We have a quadrillion clients. I

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mean, I'm and I love every one of them.

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Right now, we're in the process of

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sending every single person a hat, one

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of these hats. And um it's a lot.

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[laughter]

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I I don't even know how many hats, but

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whoever got the hat order as the vendor,

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I mean, they're loving it, but they

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never call us and say, "How's that

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annuity doing?" They know how it's

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doing. They bought it for the

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contractual guarantees.

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There's no revisiting of a strategy. The

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strategies, you bought it. You bought

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the contractual guarantee. Every single

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person understands that. Do me a favor,

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go to my site, theanuityman.com,

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schedule a call with me. Would love to

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have you as a client if you choose to

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work with us. We have the best team in

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the business. We really do. They're all

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licensed in all 50 states, everybody in

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the building. Um, but they're not on

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commission. They are there to legally

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speak with you. They have to be licensed

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in your state to even speak with you,

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okay? And they can take your application

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from start to finish. You can get me on

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the phone. You can email me

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stantheanuityman.com.

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And I would tell you to do one more

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thing. Watch this video. It's on um it's

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a topic that I just had to do just

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because I keep getting this question.

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Why do people still hate annuities? I

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have clients all the time that go, I

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used to hate annuities and then I came

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with you guys. I'm good. I like them.

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That's because you own the contractual

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guarantees, but it's bigger than that. I

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I covered a lot more than that on why

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people still hate annuities. Hopefully,

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before I die,

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we will have changed that. I'm on a

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mission. I'm doing seven I'm doing a

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video a day, seven days a week. I'm

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doing 365. Actually, I'm doing more than

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that because I do additional videos with

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my podcast. probably around 410 videos

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this year and I'm gonna keep doing them.

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I'm gonna keep doing them until I have

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suffocated the message of how these

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annuity products should be purchased,

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which is will do, not might do, or I'm

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gonna die trying, you know. Listen,

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thanks for joining me. I'll see you next

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time.