How To Secure Retirement Income

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Hi there, Stan the Annuity Man, America's annuity agent, licensed in all 50 states.

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Today's topic is how to secure retirement income. How to secure that lifetime income

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stream that all of us are looking for, and how to do that efficiently and get the best

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deal that you can get. That's very important. We're going to go over all of that after this.

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So, how to secure retirement income? That's a big question, with, I think 14,000 people turning

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age 65 every single day in the United States. There's a lot of people asking that. How do I

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do that? How do I secure that? I've heard really bad things on annuities, Stan the Annuity Man. And

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my shirt says it all. You know, if you can't see that, it says, "I heart annuity haters." I do. You

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know, when people say, "I hate all the annuities, Stan. I hate them." They love saying that. I'll

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wear this to an airport and people will stop me. You're right. I hate them. I'm like, "You own one.

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You do. It's called Social Security." Well, that's not an annuity. Yes, it is. It's a lifetime income

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stream for as long as you're breathing. You can set it up that the spouse gets payment, too. And

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it increases with inflation. It's the only real inflation annuity that's legitimate on the planet,

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Social Security. So, I do love annuity haters because I get to remind them that they not only

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own that one, they own. A lot People are going to argue with me. RMDs are annuities. I mean,

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it's the IRS tapping you on the shoulder at your required minimum

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distribution age that you have to take money out of your IRA regardless of whether you need

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it or not, so they can tax it. I mean, that's an annuity. If you have a pension from your employer,

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if you work for the state or 501(c)(3) or your federal government, you have a pension,

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a good union might have a pension, then hey, that's an annuity as well. But how do you secure

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that retirement income in addition to that? Or if you're not as fortunate to have a lot coming

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in from those. If you don't have a pension, hey, it is what it is. 91% of us don't

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have a pension. If you don't have a large IRA, your RMDs aren't going to be big. All of us are

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going to get Social Security payments. But how about securing the rest? Well, you can do that

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with annuities. And I say it like that because when people say, "I hate all annuities, Stan."

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That's like saying, "I hate all trucks," or "I hate all restaurants," or "I hate all shoes." Yes,

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there's some bad trucks. Yes, there's some bad restaurants. And yes, there's some bad shoes,

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but not all of them are bad. Annuities, not all of them are bad. There are some products

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out there that we wouldn't touch with a 10-ft. pole, the annuity products, but there are some

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that are contractually guaranteed that we love, and those are single premium immediate annuities,

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SPIAs, deferred income annuities, DIAs, qualified longevity annuity contracts, QLACs, income riders,

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okay, which are contractually guaranteed income payments at a future date. And then MYGAs, which

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are multi-year guaranteed annuities, or what I call them, the annuity industry's version of a CD:

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protect the principal and get an interest rate. Those are all contractually guaranteed products.

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Those are all transfer-of-risk products. There's only four things annuity software. The acronyms PILL.

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P, stands for principal protection. I, stands for income for life. L, stands for legacy. The other

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L, stands for long-term care. That's it. There's no G for growth, S for stock market, B for Bitcoin.

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There's none of that. If you want growth, go do growth. Annuities should be non-correlated. In

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English, that means not attached to the markets. They're contractual guarantees. It's a contract

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between you and the life insurance company that's issuing the annuity. So, if it's a contract

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between you and the life insurance company that's issuing the annuity, let's solely base

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our decision on the contractual guarantees of that policy. That makes sense. However,

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in our industry, everyone's selling hypotheticals and theoreticals and back-tested and what-ifs and

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unicorns chasing the butterflies. Nonsense. It's all contractual guarantees. That's the

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reason I love annuity haters because if you hate annuities, you really haven't heard about them,

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or you haven't been explaining them properly on how they should fit. Most of you that are, you

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know, securing retirement and looking to secure retirement income, you need to look at your income

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floor. You need to look at all the money that's coming in consistently on a monthly basis and then

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see if there's a gap that needs to be filled. And if there's a gap that needs to be filled,

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then we look at annuities to solve for that. The only question you have to provide is, when do you

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want that lifetime income stream to start? If it's now, then it's an immediate annuity,

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single premium immediate annuity. If it's down the road, two years, three years, four years,

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whatever, then we look at deferred income annuities, qualified longevity annuity contracts,

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if you're using IRA money, and then income riders. It's really that simple.

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I always tell people if you can't explain it to a nine-year-old, no offense to nine-year-olds,

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then don't buy the annuity. Don't trust what the agent's telling you. Trust the contract. Yes,

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I'm the top agent in the country. I'm America's annuity agent. I'm licensed in all 50 states. Been

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doing this for a long, long time. Sold billions of dollars of this stuff. Okay? Actually, let me take

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that back. My clients have purchased billions of dollars of annuity contractual guarantees. We are

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not hammers looking for nails. There's no high pressure at the Annuity Man. Don't believe me?

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Try me. We'll never call you unless you schedule a call. How about that? There's not anybody that can

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say that except us. I hate it when people follow me around the car lot trying to sell me a car.

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I know what car I want. Just leave me alone. I'll buy the car. We're going to do the same thing for

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you. We're going to provide you the information. I've got six owner manuals on my site. You can

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download them for free. I've done thousands of videos. They're all edutainment, educational.

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You can watch them to your heart's content. And most people that become clients have watched 10,

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20 videos to get the foundation in place so that they can make a good decision on their terms and

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their time frame. But securing that retirement income can be done contractually with annuities.

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Annuities as a category is the only financial product that will pay for as long as you are

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breathing. If you set it up joint with your spouse, for as long as one of you is breathing or

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on a respirator. And we will structure it so that the annuity company will never keep a penny. One

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of the biggest misconceptions, one of the reasons I wear this shirt around airports and stuff,

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is because people say, "I wouldn't buy an annuity because money goes poof when I die." And then I

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stop them, grab them, and say, "That's not true. We can structure it so that 100% of the money

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will go to your beneficiaries and the evil annuity company never keeps a penny, even though they're

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on the hook to pay." So, if there's one thing I do today, it is for you to understand that.

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Don't come to us and say, "Well, the annuity company keeps money." Listen, they don't.

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We structure it so that they're on the hook to pay, but when your Learjet hits the mountain or

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whatever happens, whatever's left in the account goes to your listed beneficiaries. Also, remember,

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annuities are commodity products. Not one is better than the other. We shop for the highest

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contractual guarantee for your specific situation, all carriers, and then we show it to you. There's

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not one company that has better products than the other. Period. There's great companies, and

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we're going to put you with a great company that can back up the claim, but we're not beholden to

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any of these companies. We don't go on incentive trips. We don't accept gifts. We don't do that.

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We're in the game of providing the best deals for you. And when you're securing that income stream,

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securing that retirement income, you need to know that we're going to shop all carriers. You're

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going to see it all. You're going to know when you lock in a quote and you want to move forward

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with us, which, by the way, we take care of all the paperwork from start to finish with my team

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out there, you know, you're going to know you got the best deal at that time. Period. There's no

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agendas. We're not trying to sell one product with a carrier and then go on some trip or get some

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gift. No, we're not doing that. That's not the business model. And also, everybody in my office,

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they're licensed in all 50 states, but they're not on commission. They're not incentivized to

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make a recommendation, to make a sale. They're judged on client satisfaction. They're bonused

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on client satisfaction. And I'm involved. I'm the owner, but I am involved. So, do me a favor.

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Click this link above me. Okay? That's a video I want you to watch because I tell you about

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the story of the Annuity Man. I tell you about the story. It's a pretty good one. I'm not sure if

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I cut it the other day, and I'm not sure I wing it like I do everything.

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There's no script. And I just started remembering things and telling things. I'm sure

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I left some things out, but you'll get the gist of it. You'll know who I am. You know where I

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came from. You know why we do this, and you're going to know why we do it the way we do it,

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which is different from everybody. Okay? My name is Stan the Annuity Man. See you next time.