The 8th Wonder of the Annuity World: Shootin’ It Straight With Stan

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Welcome to Shooting Straight with Stan.

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I'm your host Stan the Annuity Man.

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America's annuity agent, licensed in all

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50 states of Puerto Rico. The founder of

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CGO contractual guarantees only, which

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means that you own an annuity for what

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it will do, not what it might do. Never

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buy an annuity for market growth. Never

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buy an annuity with for market growth

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that has surren never buy anything that

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has surrender charges with mark that

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you're earmarking for market growth.

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Annuities are contracts. They solve for

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four things. The acronym is pill. P

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stands for principal protection. I

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stands for income for life. L L stands

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for legacy. Other L stands for long-term

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care. These are transfer of risk

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products. Today's topic is we're going

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to talk about the eighth wonder of the

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annuity world. And the eighth wonder of

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the annuity world is what some people

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call the eighth wonder of the world,

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which is compound interest.

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And there's one product on the planet

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that can do it in a very unique way with

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nonirra non-qualified money. Now, this

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product is called a multi-year guarantee

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annuity. It's the annuity industry's

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version of a CD. Um [clears throat] I I

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I call them an annuity bond because I

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I'm an old bond guy from Morgan Stanley

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because it in essence works like a bond.

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Um you lock in a guarantee for a

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specific period of time, choosing the

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carrier that's going to back up that

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guarantee. That's a bond to me. So it's

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a very efficient way to do principal

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protection. There's no fees. There's no

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hidden fees. And the interest if you use

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it in a nonirra checking account type

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situation, it grows and compounds tax

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deferred. Now, before you ask, I'm going

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to answer it. Yes, you can have a MA

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inside of an IRA. Yes, you can have a MA

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inside of a Roth IRA. Are we good about

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I'm going to do it again. Yes, you can

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have a MA inside of an IRA. Yes, you can

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have a MA inside of a Roth IRA.

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But today, we're and and it's going to

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it's going to grow and compound in those

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instruments as well. But today, I want

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you to think about checking account

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money. Um, money at the bank, you know,

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just just the cash, the cash money you

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have,

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and you don't want to pay the IRS any

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more taxes. Can I get an annuity amen on

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that? And you're trying to figure out

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how to do that. Well, with CDs in a

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nonirra account, you got to pay taxes on

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the interest, right? Money market, you

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got to pay taxes on the interest.

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multi-year guarantee annuities, annuity

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CDs, annuity bonds in a nonirra account,

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non-qualified account, checking account

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type money, that interest grows and

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compounds tax deferred. If you take

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money out, then you pay taxes on on what

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you take out, last in first out, gains

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first, but you don't have to. In other

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words, if you bought a five-year

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multi-year guarantee annuity and got to

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year five, you don't have to take the

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money up. Nothing's triggered. can roll

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it non-t taxable event to another MA.

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A lot of people say, "Stan, what do you

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do with your money? I mean, you're a

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Wall Street guy. What do you do with

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that?" I tell you what we do. And a lot

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of it's driven by the queen. My wife of

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38 years, she does not like volatility.

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You know, she lives by the Warren Buffet

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rule, which is rule number one. Rules.

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Rule number one, don't lose money. Rule

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number two, don't forget rule number

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one. That's my wife. Okay? And

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[clears throat] because I own the

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annuity man, it's one of I mean it's one

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of the fastest growing companies in the

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country. Um it's a great growth stock.

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If you ever if you could buy it as a

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growth stock, you would. Um but what we

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do with our additional extra money is we

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put it, you know, in the checking

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account and then we buy MAS and then we

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let that interest grow and compound tax

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deferred.

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our our two daughters, the the

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princesses are the the beneficiaries on

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those policies. And yes, they're going

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to have to deal with the taxes when we

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die, but we don't ever plan, you know,

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we don't have a plan right now to take

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interest out. We don't need it. So, it's

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just rolling and rolling and rolling and

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rolling and compounding and compounding

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and compounding. And if you don't know

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what compound interest is, let me just

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give you like a an example. Let's just

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say you bought a $100,000 MA and the

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guaranteed interest rate and just I'm

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choosing it randomly because right now

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it's a little bit higher than this. Just

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say it's 5%. Okay. So after year one you

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have $105,000.

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You put in 100, you get 5%, you got 105.

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The second year you get 5% on the 105.

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And let's just say for easy math and you

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know it it's now 110. Then you get 5% on

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the 110. You get me? That's compounding

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interest. That's the eighth wonder of

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the world.

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I mean, it's amazing if you just put in,

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you know, in a compound interest

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calculator. The one that I like is

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investor.gov.

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But if you put in a compounding interest

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calculator and look at, okay, I'm going

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to buy this and it's going to defer for

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five years. What's it going to be to the

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penny? It's amazing.

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And I show my wife this all the time

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because, you know, she we have those

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annual dinners. I think they're called

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anniversaries. Yeah, they're calling

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anniversary. We have those dinners and

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her topic of conversation is what

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happens when you die stand, which is

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always heartwarming when you're having

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the anniversary dinner and that's kind

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of the topic of conversation. But I'll

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say, okay, let's look at the compound

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interest calculator. This is how much we

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have in MAS, which is a quadrillion

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lots of money, okay? Because I've been

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doing this a long time. And that's where

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we put our money. This is where it's at.

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This is the interest that we're getting

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every single year off that total. and

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it's compounding by this.

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And then I go, "And if we don't touch it

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for another five years, it'll be this."

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And she's always like, "There's no way."

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I'm like, "Way?"

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Yeah, there is a way.

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Compounding interest makes life simple.

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But a lot of people when they hear me

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say that, "Well, well, you're leaving

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your two princesses, your two daughters,

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the biggest tax bomb of all of all

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time." I don't care. I'm dead. Who gives

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a crap? They'll deal with it. They'll

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pay the taxes and they'll be okay. All

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right.

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They'll be okay. Now, for a lot of you

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out there, you say, "Well, that's

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compound interest is great, but

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I might want to take interest out of

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there to live off of." Great. Mas do

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that, too. Which is, hey, I'm going to I

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want to control the asset. I don't want

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to buy a lifetime income extreme

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annuity. I just want to peel interest

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off the top and then at the end of the

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duration, I have all of the money intact

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that I started out with. Yeah, you can

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do that. Here's the other thing about

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MAUS that I love. You can turn the in

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like let's just say that scenario you

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wanted to take out interest, you know,

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and to supplement income. Okay, great.

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You can shut that on and off like a

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light switch. In other words, you can

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say to my team, and if you're a client

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of ours, we manage billions of dollars

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of MIA, so we know what we're doing. You

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can tell my team, hey, I need interest

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to pay for the next six months. After

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the six months, you know, contact the

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carrier and and shut it back off. We can

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do that. We can do that. You talk about

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flexibility. And again, there's no

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gotcha fees, hidden fees, anything.

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These are straightforward fixed rate

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annuities. Fixed rate. And the reason

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that when people sometimes call me and

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they say, "Wait a minute, Stan. Why are

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the MA rates on your site higher than CD

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rates?" Because CDs are primarily

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focused on, you know, tenure treasury in

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the Fed. That's about 20% of the pricing

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of a MIGA because life insurance

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companies are issuing MIAs. Okay? They

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have they're pulling from profit centers

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like life insurance, lifetime income

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products, etc. So, they can offer a

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higher guarantee

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and it is contractual than than CDs.

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Doesn't make them better than CDs. Love

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CDs. But for nonqualified

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money, nonIRRA money, checking account

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type money that you want a great

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interest rate, and you don't want to pay

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taxes annual on that interest, it's

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multi-year guarantee annuities. It is

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the biggest no-brainer of all time and

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the greatest example of the eighth

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wonder of the annuity world, which is

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compound interest.

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I encourage you to go to my site. Top

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right hand corner, it'll say see live

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rates. Click that button, put in your

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state of residence, put in the duration

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you're looking at and you'll see

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everything on there. Now, before you buy

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anything, I need to speak with you. So,

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book a call and we'll go through the

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exact, you know, what I'm recommending

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at that time. You know, I show all

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carriers. That doesn't mean that I'm

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recommending every single one of them

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because we not only look at the

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financials, we look at their

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administrative side as well. Um, so they

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have to pass both of those sniff tests

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for me to for me to um recommend them.

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The other thing on my site, you can go

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and download a MA owners manual. I've

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written owners manuals on all products,

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but you can get a, you know, 60page read

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on how those work. And if you're on my

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YouTube channel right now, you might be

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just type in the space bar MA and you'll

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see hundreds of videos on multi-year

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guarantee annuities that I've done that

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will fully explain them even further

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than what I am doing today. But what I

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wanted to primarily get your attention

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is compound interest, eighth wonder of

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the annuity world, eighth wonder of the

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world, period. But in the annuity world,

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multi-year guarantee annuities can be

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used in IRA accounts, Roth IRA accounts,

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and also non-qualified accounts. But the

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non-qualified account is the game

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changer because even that money grows

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tax deferred incomes.

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How about that? All right.

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Book a call with me. No cost obligation.

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Love to speak with you. Love to get to

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know you. No obligation. So, uh, why

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wouldn't you do it? And I would

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encourage you to go to my site and talk

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to Virtual Stanley. It's like talking to

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me, but without the the southern accent

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and the, uh, chip on my shoulder.

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[laughter]

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But Virtual Sandal is pretty cool. And

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you can also, if you choose Amiga, uh,

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you can you can do the application

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online if you want to do that as well.

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My name is Stan, the annuity man. That

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is Shooting It Straight with Stan. We'll

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see you next time.