How To Set Up An Annuity 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 Rica. Did that for

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you, Dr. Viv behind the camera. Um, how

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do you set up an annuity for retirement?

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That is a very good question.

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Maybe you do need one, maybe you don't

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need one, but you already have one

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called Social Security. We're going to

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get to the details on how to do this

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very simply and effectively and

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efficiently that only I created after

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this.

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So, how do you set up an annuity for

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retirement? So, annuity,

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you know, a lot of people think they're

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just one type. Well, you know, you you

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give the insurance company money and

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then they pay you for life. And then

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when I die, nuity company keeps money.

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No, no, no, no, no, no, no, no, no.

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There's eight types of annuities

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currently, like the major ones. Um, but

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the question truly is, if you're saying,

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"How do I set up annuity for retirement?

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What are you trying to solve for? What

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are you trying to do?" There's only four

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things annuities contractually do. The

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acronyms PI pill. P stands for principal

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protection. I stands for income for

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life. L stands for legacy. The other L

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stands for long-term care. And I ask two

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questions to determine if you need an

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annuity. 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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So, how do you set up an annuity for

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retirement? Understand the pill acronym

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and answer the two questions. If you

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come back to me on those two questions,

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you know, I really had thought about

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that. I'm just looking for some good

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returns, son. Like market returns, then

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don't buy an annuity ever.

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But if you come back to me and say, you

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know what,

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me and the wife, me and the spouse, you

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know, or just me, I I need I need

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lifetime income,

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now you're talking. Annuitities as a

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category, the only product category in

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the financial world that will that's

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structured to pay for lifetime income.

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Do not hit me with, "Well, what about a

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30-year bond?" Shut up. I used to manage

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bonds at Morgan Stanley. That what if

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you lived year 31 player.

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Sorry about that. Lifetime income. It's

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transfer risk. It I don't know the ROI

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until you die. Or if it's joint life

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until one of you dies and we can

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structure it so that 100% of any unused

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money goes to the list of beneficiaries

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of the policy. And the evil annuity

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company doesn't keep a penny. The evil

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annuity company doesn't keep a penny. So

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how do you structure an annuity for

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retirement? depends on the goal. Stan, I

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just want to protect the principal. I

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don't need lifetime income. I got, you

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know, I got military income. I got

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pension income from this company. I got

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social security. Great. I just want to

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protect the principal. That's a

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multi-year guarantee annuity. Guaranteed

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interest rate for a specific period of

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time that you choose. 1 2 3 4 5 6 7 8 9

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and 10 year terms. Lock it in. Lock and

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load, player. So you you know people

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that say, "Well, I don't need an

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annuity." They might be saying, "I don't

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need lifetime income." But there's

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annuities that protect the principal.

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There's annuities out there for legacy

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when you can't qualify for for life

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insurance, which is the best legacy

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product on the planet. There's products

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out there for long-term care annuities

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that are guaranteed issued that you

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don't have to get underwritten for that

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still have that long-term care benefit.

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Companies are reacting and adapting and

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creating products for the 15,000 people

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that are hitting age 65 every single

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day. It's a demographic title wave. It's

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a capitalistic dream for these life life

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insurance companies. They're just trying

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to get in your way with contractual

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guarantees. Unfortunately, most people

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in the industry are selling

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hypotheticals and theoreticals and

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growth stories. And the story should be

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about the contractual guarantees.

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How do you set up an annuity for

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retirement? Should you set up an annuity

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for retirement? It depends on the goal.

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If the goal is market growth or anything

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to do with the market, don't buy an

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annuity.

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And I say that there's three products

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out there. Variable annuities, Rialas,

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registered index registered index linked

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annuities, and and um fixed fixed index

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annuities that all sell the dream dreams

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of returns. Dreams of hopes and unicorns

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chasing the butterflies. All the while,

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real market returns are happening over

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here with no limitations. They're not

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annuities, but it's real market. I came

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from Morgan Stanley, UBS, Dean Whitter,

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Payne Weber. I was absolutely

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astounded by the crap sales pitches for

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growth with annuities. Now, in 1954,

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TIAA craft TIAA now introduced variable

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annuities, which had their place at that

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time for tax deferred growth using

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mutual funds. They call them separate

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accounts, but me and you call them

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mutual funds. Okay, fine. But that got

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bastardized. Now the average fee for the

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life of the policy with most

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variable annuities around 3%. For the

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life of the policy.

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Come on, man. Registered index linked

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annuities, which I I don't listen. I had

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my series 7. I could sell all these

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products. I could pass that test

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tomorrow. I choose not to because these

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are non-G guaranteed products.

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registered index linked annuities and

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equity um fixed index annuities which

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used to be called equity index

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annuities. That's the reason I defaulted

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there. They're selling hopes and dreams

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of of buffering the downside with

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upside. Okay, great. Nothing guaranteed.

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Once again, if you're going to do

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growth, why would you put a limit on the

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upside?

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Just wondering

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annuitities are contractual guarantees.

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Annuities are commodities. Annuitities

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because of those two things should be

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shopped with all carriers for the

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highest contractual guarantee for your

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specific situation. And for lifetime

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income, A+ or A+ or better, highest

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number. Let me do it again because it's

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that simple. A+ or better and the

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highest number. that what I just said

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right there is going to go down in the

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history of the annuity business as the

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most simplistic way to choose. It's

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similar to Warren Buffett. And yes, I am

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comparing myself to Warren Buffett when

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he said rule number one, don't lose

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money. Rule number two, never forget

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rule number one, Stan the Annuity Man's

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version of that, A+ or better and the

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highest number, quoting all carriers.

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Hello. Then you get me involved. We talk

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about it and my team takes you across

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the finish line with the paperwork.

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Should you consider or use an annuity in

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retirement? For most of you, yes. You

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need that income floor. You need you

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need additional income to Social

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Security, which is the best inflation

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annuity on the planet. You need

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additional income so you can go live

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your life. You need additional income so

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you can take care of your spouse who

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you've ignored this whole time. And they

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deserve it. And if you don't need

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additional income, you need principal

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protection. either or, which can also

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convert into legacy. And if you don't

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have long-term care, we can solve that,

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too. Guaranteed issue. If you're out

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there smoking 12 packs of camels, no

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filters every day, and a bottle of Jack,

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we can get you done. These companies

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want your business. These companies are

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putting contractual guarantees in place

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to attract you. And it is competitive.

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People say, "What? What? How about the

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Fed, son? You think the Fed's going to

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affect the pricing of the day?" Shut up.

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First of all, second of all, no, because

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it's competitive. Interest rates play a

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minor role in the pricing of annuity

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contractual guarantees. Let me say it

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again. Interest rates play a minor role

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with ganuity contractual guarantees.

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Don't give me, well, I'm waiting on the

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Fed. You're an idiot. Okay? First of

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all, you can't time it anyway. But

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you're missing the point. For lifetime

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income, the primary pricing mechanism is

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life expectancy, not rights. These are

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transfer of risk products. So, is an

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annuity something you should consider

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for retirement? Probably. And consider

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them with us. We represent all carriers.

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We are not hammers looking for nails. My

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entire staff is licensed in all 50

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states and not in not on commission and

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under one roof. It's unique. We are the

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unicorn. We do it the right way. We do

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it in a unique way. And eventually it'll

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be done this way. So why not join us?

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Why not interact? You can get me

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stantheanuityman.com.

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Go to my site. You can download my

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owner's manuals. You can run quotes

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247365.

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And if you choose to work with us, we

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will take every care of everything from

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start to finish.

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You just have to be on the phone with us

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for about 25 minutes, confidential

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conversation, and we take it from there.

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Keep you updated all the way. One last

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thing, I did a video on why people hate

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annuities, still hate annuities. I

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really should send that copy to every

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CEO of every life insurance company that

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issues annuities and have them watch it

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because the annuity industry is a in

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when compared to the financial services

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business and I came from the big firms

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Morgan Stanley etc. It's small. It

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should be five times the size. The

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reason it's not five times the size that

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video explains it. It's the messaging.

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It's horrific. It's it's going to go

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down in business schools as one of the

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biggest missed opportunities of all time

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in a business setting and a financial

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business setting. There'll be

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professors, probably me. But can you see

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that? That'd be great. Talking about how

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horrific this is this has been. It can

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change though. That video is the start.

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I'm the solution. That video is the

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start. My message is the solution, which

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is you own an annuity for what it will

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do, not what it might do.