Lifetime Income Is the Ultimate Outcome: Fun With Annuities

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Welcome to Fun with Annuities, the

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number one annuity podcast on the

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planet. I'm your host, Stan, the Annuity

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Man, America's annuity agent, licensed

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in all 50 states, and just ironically

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the top independent agent in the

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country. Also, the tallest and the

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pioneer of what I call CGO, contractual

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guarantees only. That's my approach.

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That's what we do. We don't look at any

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hypotheticals or theoretical just

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butterflies. Okay, today's topic is a

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good one and it came from a client's

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email that had purchased an immediate

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annuity from us and they were very very

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happy and they ended their email and I I

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and my apologies if if you're the person

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out there that did that. Shoot me an

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email. I'll send you a hat

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stantheanuityman.com

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because I really appreciate because when

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I read it, I had one of those, you know,

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Scooby-Doo moments. You know, remember

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Scooby-Doo? Come on, y'all. You remember

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Scooby-Doo and Scrappydoo and all those

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people? Zeke remembers it. Zeke was

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Zeke's over there eating the like the

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Lucky Charms. You know that with the

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mushrooms and that that cereal that has

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like zero nutritional value Lucky Charms

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and and like the Star Crunch, not Star

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Crunch, but uh Captain Crunch. Love the

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Captain Crunch. That was great because

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when you ate it, it kind of tore up your

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mouth. It was like a violent thing. But

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here's the topic of the day. Lifetime

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income is the ultimate outcome. And

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that's how my my clients ended their

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thing. For us, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states, America's top independent

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annuity. I mean, all that was in the the

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sentence. But then they go, for us,

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lifetime income was the ultimate

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outcome.

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When we transition from chapter one to

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chapter two, has nothing to do with

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sexuality, my friends. Chapter 1 to

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chapter 2 means I'm working, working,

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working, working for a living. taking

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what I'm giving because I'm working for

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a living. That's chapter one. Okay.

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Chapter two is about you. Chapter two is

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like, "Let's buy the fifth wheel,

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Martha. Let's get that RV and let's go

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on the road. Let's go do this thing.

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We've been scrimping and saving and all

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that." Chapter 2 is all about you. But

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chapter 2 only works if lifetime income

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is the ultimate outcome.

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And you know, you you put money in a a

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401k, you save, you save, you save. You

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you got your advisor, your fee only

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advisor where you save, you save, you

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invest and invest and invest. At some

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point in time, you got to take your

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chips off the table player and you got

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to say, I'm going to go all in on

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lifetime income. I need an income floor.

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I'm getting social security, which is

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the best inflation annuity on the

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planet. I've got a pension. I'm so

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fortunate because I work for the state

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of Georgia and they're paying me a

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pension. That's fine. Okay, that's

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that's an annuity. I've got I got my

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required minimum distributions coming

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from my IRA. That's an annuity payment,

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too, because it has to happen every

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year. Hello. So, that's your income

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floor. So, if you have enough income

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floor to go do that that thing, you

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know, in chapter 2, then you don't need

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an annuity. Okay? In most cases,

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annuities primarily saw for four things.

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Principal protection, income for life,

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legacy, and long-term care. The AC

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acronym is pill. So, we're talking about

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lifetime income being the ultimate

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outcome of the whole thing. So the you

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know if you're looking at defer defer

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defer grow grow market market market

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stock sell whatever it is you you are

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going to transition to the outcome being

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lifetime income income floor. Let's go

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live our lives. Someone said the other

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day let me tell you something son. My

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ultimate goal is for my last check to

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bounce. I get that. But there's a lot of

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you that want to take care of their kids

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and grandkids and the beneficiaries and

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the cat society the humane society for

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dolphins. whatever your your charity of

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choice is. But think about lifetime

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income and you say, "Well, I'd never buy

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an annuity stand on the sun. I wouldn't

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buy an annuity cuz when you die, money

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goes poof. Why would I do that? Why

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would I let that evil annuity company

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keep the money, Stan?" Now, if you're

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out there going, I There you go, Stan.

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That's what I know. That's wrong. Okay,

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that's wrong. We're going to structure

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it unless you tell us you hate your

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beneficiaries, and that's okay if you

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do. We won't pry. But most people say,

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"I want the lifetime income as long as

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me and my spouse breathing." So if I

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die, the money continues uninterrupted

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and unchanged for my spouse. And when

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they die, whatever's left goes to to the

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listed beneficiaries of the policy. And

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if we live forever, if there's a medical

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breakthrough and we live to 140 or 160,

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170 or 120, the annuity company's on the

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hook to pay. Which leads me to the next

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part of lifetime income is the is the

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next outcome. I guess this would be um

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that was a Zeke. Zeke's behind the

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camera. My guy runs the marketing and

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he's from Hawaii. So, he's kind of he

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comes into work like in board shorts,

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like board shorts and a t-shirt. We're a

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company. I'm like every day I'm like,

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"Ze, we're a company. No flip-flops."

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But this is it's cultural for him and

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that's okay because all I care about

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work ethic and IQ. So, you know, he

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walks in in his board shorts and you

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know, we're based in Vegas. I'm like,

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"Hey, Zeke, where are the waves? There's

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no waves here." But he thinks there are

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and that's okay. That's that's what we

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love about Zeke. But but if you're

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looking for lifetime income being the

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ultimate outcome right now and you're

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saying, "Stan, you lost your train of

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thought." I did not, son. I did not.

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What I'm talking about now is with

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artificial intelligence

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doing medical breakthroughs at light

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speed. Okay, we're getting very close to

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life expectancy tables changing

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against you. meaning that lifetime

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income guarantees contractually are are

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a bargain right now. And not not even to

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talk about GLP1, Zeke, GLOP1s, you stab

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yourself, stab yourself, stab yourself,

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and lose weight. Well, guess what? Later

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this year, check the time of this

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taping, they're going to have a pill

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form of that. And it's it's game on,

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son. I mean, right now, right now, over

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20% of households in the country, I want

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you to stop, sit down. 20% over 20% are

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taking GOP1 weight loss.

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You know, I'm not a stock market guy,

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Zeke, and I used to be work for Morgan

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Stanley, Dean Wood, or Payne Weber, UBS,

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but I'd be looking at I'd be looking at

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airline stocks. You know why? Because

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there's going to be less weight they're

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lugging around, which means they're

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going to use less fuel, which means

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they're going to be more profitable.

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Think I'm kidding. I'm not kidding. I

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mean, you I always talk about trend

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investing. You know, I'm a contractual

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guy, but for all you market masters,

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masters of the universe,

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GLP1s and artificial intelligence,

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whether you like either one of them or

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not, I don't care. You shouldn't either.

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They're going to change the game.

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They're already changing the game.

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Middle management's finding out across

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the country, it's changed the game. But

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how's it going to change the annuity

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game with lifetime income being the

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ultimate outcome?

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Income right now locking in guarantees

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is a bargain. If you already have a

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lifetime income annuity, you know,

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SPSDS, Q like income writers, that's the

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four four ways to do it, okay? Then

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you've already locked in the bargain. If

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you haven't, you need to consider

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locking in the bargain because sooner

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than later, you know, life expectancy

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tables are going to lengthen, meaning

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they're going to project you to live

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longer, which means there's going to be

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more projected payments, which means the

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payments will be lower. Now, people say,

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"Got a call the other day. I did a I did

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a webinar on this, a full webinar." You

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go, "You did a full webinar on that?"

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Yeah. He goes, "Hey, son. Um saying, you

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know, watch video and all that stuff."

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Uh, by the way, I do have my southern

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accent because I grew up in North

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Carolina and that sounds kind of like my

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I had like a uncle Max that came to the

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to all the family reunions and, you

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know, ate all the food, but he talked

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like that like kind of like Well,

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anyway, this guy calls up and he goes,

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"Well, you know, you talk about all

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this, you know, artificial intelligence

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and AI changing annuities. Can you tell

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us when, son?" I mean, don't just say it

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in a 30,000 foot view like you're flying

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a helicopter. Tell us when so we can

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time it. Hey, if I knew that, I wouldn't

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be talking to you. I'd be investing

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whatever to make sure I hit the timing

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right. I don't know. Nobody knows. All I

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know it's going to happen sooner than

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later. I want you to think about the

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gains that AI has made. Check the time

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of this taping. At the time of this

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taping, AI is now training AI to be a

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better AI.

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Yes, I said AI a bunch of times, but you

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know what I mean. It's coming fast. It's

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coming for every industry. It's coming

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for every product, and it's coming for

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life expectancy.

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Now, the only industry that's going, I

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really love, you know, annuity companies

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like, man, I love me some artificial

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intelligence. Why? Because they're going

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to be more and more profitable. Their

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buildings are going to get bigger and

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bigger and bigger. And the reason the

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annuity companies have the big buildings

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is they know when we're going to die.

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Okay, they do. And the property casualty

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doesn't know when the hurricane's going

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to hit. But let me tell you one more

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thing about this. This will happen. Mark

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it down. Say the new man says it's going

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to happen. It's going to happen. It's

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going to happen. All I'm telling you is

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if you're buying lifetime income, buy

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quality companies. A+ or better. And you

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don't need a sweater, Zeke.

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A+ or better. Why? Good question. is

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because the medical miracles and the and

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the breakthroughs are going to continue

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to happen and you're going to live

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longer. Let's just hope it's a good

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lifestyle, but you're going to live

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longer. So, buy quality. Buy quality.

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Got a call the other day to go. I heard

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you always say buy quality, A+ or

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better. Don't need a sweater. You

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rhyming all the time. I'm kind of a

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rapper, like a nudity rapper,

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freestyler. You know what I'm saying?

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Yeah. I mean, but I lost track of my

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track with train of thought. I track of

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train uh Zeke or is that train of

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thought? I don't know. But the point is

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artificial intelligence is going to

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change the game and it's going to change

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the annuity game pretty quickly. So I

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would lock in those lifetime income

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streams. Now the Oh, here's what see

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don't doubt me. Okay, I I reeled that

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back in. I don't know if you saw that. I

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don't know if it was visuals, but I

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reeled that thought right back in. I

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just went

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it just popped right there. A plus or

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better. You don't need a sweater.

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Someone got to call me the other day. He

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goes, "What happens if double A plus

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company goes out of business." I'm like,

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"Grab your loved one and give them a hug

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cuz it's game over." I'm just saying,

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Zeke, and people, well, it could happen.

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No, it cannot. Okay? I'm just telling

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you the A+ or better carriers. Solid as

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a rock. There's a there's a song Zeke

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sings in the office. He came in the

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other day go solid, solid as a rock. And

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I'm like, what are you doing? I don't

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even I haven't heard that song for like

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12 years, but he's like into this retro

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music. But he's got a good point. Solid

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as a rock, A+ or better. And And you

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don't have to worry about state

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guarantee funds. And I Well, then what

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about A++ or state guarantee funds?

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Apple's an orange player. Okay, that the

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state guarantee funds not looking at a

10:54
double plus A+. They're looking at all

10:56
the B's and C's and going, "Oh god." So

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we don't do that. So for lifetime

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income, it's A+ or better. So to bring

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it back in and watch this, Zeke, I'm

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reeling it back in.

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Bass fisher, bass fisherman, Zeke, or I

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don't know about maybe Zeke. Zeke in um

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Hawaii's like tarpon fishing or

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something. I don't know. I I don't know

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what they do in Hawaii. They I don't

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even know what they do in Hawaii. They

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just kind of hang out, you know. Um I

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don't know. I don't know what that is.

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But if lifetime income is the ultimate

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outcome, okay, you need to start

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planning for that now. You need to start

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locking those guarantees in now. Go to

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my site at theanuityman.com

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and you can run quotes and all that

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stuff. But if you say, "Stan, I want to

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do that. I want to talk to you, son."

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Well, as long as I'm alive, you can

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email me stantheanuityman.com.

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Stan, that would be stantheanuityman.com

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and I will respond and I'll have a

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brutally honest conversation with you.

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Okay? But if I don't respond for the

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email, that means I'm dead. Zeke, I

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thought, wait, that's a there's a tear

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running down Zeke's face. I don't know

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why. I don't think it's because I'm

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dead. It's just like, man, I got to find

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somewhere else to go. But the point or

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somewhere else that let me wear board

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shorts and flip-flops to work. I mean,

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son of a gun. Lifetime income is the

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ultimate outcome. Okay,

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remember that. Remember that. You heard

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it here first, but I'm going to keep

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repeating it, but it applies to every

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single one of you watching this. Okay,

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my name is Stan the Annuity Man. Yes,

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that was fun. And it was also fun with

12:29
annuities.