It’s OK to Hate Annuities but Love Social Security

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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, even the one you're sitting

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in, that beautiful state you're sitting

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in. Today's topic, it's okay to hate

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annuities, but you got to love your

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social security. And you're like, wait a

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minute, Dan, haven't you said that

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social security is the best inflation

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annuity on the planet? Yes, it is. But

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it's okay to hate annuities. And the

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reason it's okay to hate annuities, I'm

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you're thinking, "Wait a minute. You're

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Stan the Annuity Man, you don't even

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have a last name. Your na last name is

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the annuity man, which is a whole

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another story, which I tried to convince

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my wife early in the process of this

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company to change the family name to the

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annuity man." That didn't go over well,

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who are still married 37 years to this

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day. But

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think about that. Think about that

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conversation for a second, me trying to

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convince her of that. But the reason

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that it's okay to hate annuities is

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because most annuities are sold

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horrendously. They're sold as the best

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thing ever, best poo

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to be true upfront, bonuses, market

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upside with no downside. All this stuff,

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they're horrifically sold.

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Social Security is not sold. Social

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Security, you've earned, right? Nod your

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head. It's an annuity. You You get it

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for all as long as you're breathing,

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you're going to get paid. and it has an

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inflation component into it. There's no

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commercial annuity that's really good to

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address inflation. And if there's agents

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out there that are yelling at the screen

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going, "I've got one." No, you don't.

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Because I'd know about it. No. Anytime

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there's a potential increase in the

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income with commercial annuities for

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inflation, just here's your visual.

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Here's the income without the increase.

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Here's the income with the increase. The

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annuity company doesn't give it away.

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They're not philanthropists. they just

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make up for it and severely lower the

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initial payment. So, you can love that

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social security, but you it's okay to

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hate annuities and how they're sold. But

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if you really dig into that hate part,

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you're going to find out that

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annuitities

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are commodity products. And what do you

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mean by that, Stan the annuity man?

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That's a very good question. That means

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you shop all carriers for the highest

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contractual guarantee. You own annuities

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for what they will do, not what they

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might do. You do not fall for the

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hypothetical theoretical unicorns

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chasing the butterfly sales pit pitch

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from Johnny Apple Seed agent who's

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promising all these great things in an

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upfront bonus garbage. You shop carriers

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for the highest contractual guarantee.

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If you go to my site at theanuityman.com

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where hundreds of thousands of quotes

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are run every single month and I'm sure

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we're approaching I probably need to

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take them talk to my tech guy back

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there. We're approaching a million.

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We're set up, you can run quotes to your

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heart's content to find out what the

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best contractual guarantees are for your

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specific customized situation. Annuities

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for lifetime income can be customized.

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We also have a live feed of the best

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fixed rate CD type MA annuities,

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multi-year guarantee annuities, but it's

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a commoditized world.

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Okay, people always ask, "What's the

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best annuity on the planet?" Well, the

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best annuity on the planet, Social

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Security. That's the one you love right

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now. And I love when people call me up.

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I hate all annuities, but man, I really

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like social security. Okay, hypocrite

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much. Seriously. So, what we do, what

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we've stripped it all down to just the

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contractual guarantees. And you go to

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our site, you run the quotes, you look

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at the the live MGA feed, everything

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isformational.

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And then when you get someone on the

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phone at my team, they're all licensed.

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They're going to tell you, "Yes, that's

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a good decision." Or, "No, for whatever

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reason, we're not recommending that

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carrier." We're going to show all the

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carriers, but we might not be

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recommending that carrier either for a a

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rating standpoint or they're not doing

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good administrative work for our

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clients. We have a scorecard system

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that's proprietary to us that just

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because they might have a high rating,

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they might not be pro proconsumer. And

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what we then get on the phone with them,

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and I have a person in the office that,

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you know, she's like she's like really

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tough and she'll call them up. we need

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you to start doing this, this, and this

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or the annuity man will not sell you or

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will not recommend you to their clients.

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Believe me, they listen. Believe me. So,

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we have that scoring system. So, what

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we're trying to do is take that hate

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out. It's okay to dislike them because

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they've been sold so improperly for so

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many years. And it's also okay to

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dislike some annuities because they're

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bad products. There's some annuity

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types, not going to mention them here

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because I don't want to ruffle any

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annuity industry feathers, but we'll

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tell you there's some types that we

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don't sell because they're too

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complicated and the rules can change

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after you buy it. That don't make any

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sense to us. It also doesn't make any

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sense if you can't explain it to a

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nine-year-old. No offense to

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nine-year-olds, you shouldn't buy it. If

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you cannot explain the annuity that

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you're buying easy and succinctly, don't

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buy it. end of story. Unfortunately,

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that hate of annuities is driven by all

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of those complex products which all just

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happen to be the highest paid highest

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commission products out there. Okay,

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so take away this. It's okay to hate

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annuities and how they're sold. It's

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okay. It's but you have to love social

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security and that's an annuity as well.

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But to kind of lessen the hate over

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here,

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look at annuities solely for their

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contractual guarantees. Look at

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annuities from a simple 9-year-old

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perspective and look at them from do

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they solve the four things: principal

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protection, income for life, legacy,

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long-term care. Figure out if you need

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to solve for that. If you do, great. We

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can help you. If you don't, that's fine.

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And that's how simple it can be. My name

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is Stan the Annuity Man. See you next

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time.

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