The Realities of Annuity Affordability: Shootin’ It Straight With Stan

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Welcome to Shooting It Straight with

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Stan. I am your host, Stan, the Annuity

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Man, America's annuity agent, licensed

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in all 50 states in Puerto Puerto Rico,

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and the pioneer of what's called CGO,

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contractual guarantees only. We only

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look at the contractual guarantees of

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annuity policies. We don't look at

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hypotheticals, theoreticals,

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projections, back tested, unicorns,

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chasing the butterflies. You buy an

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annuity for what it will do, not what it

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might do. Today's topic is the reality

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of annuity affordability. Okay. The

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realities of that um in the political

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world right now, I I think that the new

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mayor from New York kind of kind of led

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with this phrase. Um and by the way, I'm

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not Democrat or Republican. I'm not, you

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know, I'm People say, "Are you

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political, Stan the Annuity Man?" No,

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I'm contractual. Okay? I look at

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contractual guarantees. My life revolves

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around that. My recommendations revolve

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around that. All of my uh money is

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contractually guaranteed. all of my

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money is contractually guaranteed

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because I believe in that principle. But

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with politicians running around and

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talking about affordability, I love

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that. Well, you know, we need to solve

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affordability.

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What are we I mean,

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[sighs]

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it drives me crazy a little bit when

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over 50% of the country

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um has their net worth in their front

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pocket. So be careful who you flip out

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on the flip off on the roadside, you

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know, screw you. You'd cut me off. I

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mean, that person probably has nothing

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to lose. They'll probably stop the car

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and beat the crap out of you or worse.

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Affordability

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in the world of annuities, okay, is

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about creating an income floor, okay, to

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to cover the bills and then some so you

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can go live your life in chapter 2.

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That's affordability. Now, for all of

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you out there going, "Well, what about

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the people that can't afford that, Stan?

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What about I'm sorry, okay? I'm I'm

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wishing those people the best. I wish

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that taxes would be lower. I wish there

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would be less fraud in the government. I

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wish a lot of things. Um, but you and I

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both know, you and I both know this

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because if you're like me, you came from

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nothing. I'm not an inheritance baby.

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And by the way, inheritance business is

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the best business to be in." That's what

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I tell my daughters. I'm like, "You guys

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hit the lottery with me and me being

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your dad because if it's up to me,

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you'll never have to work again." I know

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that's being a bad parent. But annuity

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affordability and the realities of that

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with annuities is annuities

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are the only product category that can

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provide income for life as long as

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you're breathing. You say, "Well, what's

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my on that, Dan? I mean, what's my

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return on investment? I'm a player. I'm

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investor." I don't know that player

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until you die. Up until then, it's a

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it's a transfer of risk. And if you set

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that lifetime income stream up with your

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spouse who's put up with your rear end

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for all these years, it's going to pay

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for as long as they're breathing. I'm

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betting on them. Okay? So, I mean, you

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can call it a respirator annuity. If

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you're on a respirator and you're

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breathing, it's going to pay. The cool

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part about what's happening right now,

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check the date, time of this taping.

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lifetime income guarantees and life

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expectancy tables are in your favor

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because they're getting ready to change

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against you because AI, artificial

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intelligence, GOP1s, weight loss drugs,

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whatever is changing the game from a

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health standpoint. Okay. And then you

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got Robert Kennedy out there doing

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workouts in jeans. I don't understand

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that. Who works out in jeans? Don't you

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like Zeke? Zeke's behind the camera.

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Don't you, Zeke, don't you like put on

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workout? Well, Zeke, that's all he wears

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workout gear, but would you not work out

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in jeans? I mean, seriously, I that that

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disturbs me. But but annuity

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affordability, you've got to look at

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your income. You got to look at the

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annuities you already own, which is

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social security, best inflation annuity

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on the planet. Required minimum

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distributions from your IRA. Yes, it's

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an annuity type payment because you got

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to take money out every single year at

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the at the you know, at the age that the

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government tells you have to take RMDs,

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required minimum distributions. If you

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have a pension, you're so fortunate to

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have that. There's only 9% of the people

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in the country that have pensions.

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Great. That's an annuity. You need to

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add up that income for that's what

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that's how we're addressing in the

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annuity world affordability. You can

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also buy migas which the annuity

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industry of version of a CD and peel off

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the interest and never touch the

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principal. That could be considered

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income. But annuity affordability and

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how annuities address affordability is

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providing that lifetime income stream as

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long as you're breathing so that you can

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go live your life in chapter 2. And you

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need to take advantage of that while you

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can, while you still feel good, while

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you're not drooling or crapping on

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yourself. That's that's that's where

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we're all headed. Zeke, Zeke's back

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there just he just slapped his forehead

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like I said, crapping on yourself. Let's

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get real. We're talking about your

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money. We're talking about who knows how

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long you have to live. And eventually,

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if you live long enough, if you live

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long enough, you're going to be drooling

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on yourself and wearing a diaper. It's

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full circle player. Okay. So the

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question is you want to keep threading

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the needle and trading and trying to

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figure these things out and what I call

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you know your a statement stare or you

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get your statements in every month and

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you go wow look at all that money Martha

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and Martha's in the background go yeah

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can we spend some of it Chester I mean

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they're saying that I mean

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there's no U-Hauls behind herses fly

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first class or your kids will I say that

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all the time but I don't I want you to

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learn how to spend money affordability

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ility. Yes, we can put annuities in

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place so that you are going to live as

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long as as you're breathing. And we can

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structure it so that when you die, 100%

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of any unused money goes to the list of

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beneficiaries and the evil annuity

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company doesn't keep a penny. Let me say

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it again because a lot of you out there

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going, you know what, son, I am never

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ever going to buy an annuity because

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when I die, you lifetime income nuity

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because when I die, insurance company

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keeps the money. No, that's that's not

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true. Now, if you hate your

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beneficiaries, can we set it up that

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way? Yes. But 99.9999999999%

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of the people out there that structure

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lifetime income with us when they die,

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whatever's left in the account goes to

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the list of beneficiaries in full. And

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the annuity company doesn't keep a penny

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even though they're on the hook to pay

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as long as you are breathing or on a

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respirator.

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So, the realities of annuities and and

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affordability comes down to how do you

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how do you build your income floor? Is

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it with lifetime income products,

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immediate annuities, deferred income

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annuities, qualified longevity annuity

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contracts, income writers? It is is it

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just protecting the principle and just

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peeling off the interest?

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And on a side note, never ever ever ever

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buy an annuity type for potential market

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growth. All you're doing is buying the

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agent a car with the commissions. If you

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need market growth, then stay in the

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markets.

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But affordability chapter two of your

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life comes down to the money hitting

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your bank account regardless of who's in

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office, regardless of the bombs

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dropping, regardless of anything re it

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doesn't matter. Now with lifetime

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income, we're choosing A+ or better

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carriers. Typically they're a plus. And

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you say, "What happens if they go out of

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money?" Hug hug your loved ones. As

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Crosby Stills and Nash saying, love the

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one you're with because it's over. Well,

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it could happen. Let me tell you

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something. If A+ carriers go out of

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business, it's a wrap, player. It's

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over. Game over for the country. Well, I

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don't believe those. Believe it. Believe

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it. The insurance lobby is the lobby on

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the hill that everyone listens to.

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Listen, the people talk about the NRA,

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insurance company, insurance lobby is

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huge and they don't need guns. They got

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money. Okay? So, when it comes to

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affordability, I want you to think about

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your income floor. And then you're going

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to say, "But Stan, how about inflation?"

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Somebody asked me the other day, "Well,

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what's your solution for

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hyperinflation?"

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First of all, there's no package product

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or annuity that solves for

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hyperinflation.

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And if anyone says they have it, get up

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and run and start screaming with like

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your hair is on fire because they're

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lying to you. The way to solve inflation

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use using annuities is let's just say

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your income floor is $5,000 uh a month

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and you live well, but three years from

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now it needs to be $6,000 a month. Then

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we buy an immediate annuity at that time

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reverse engineering for $1,000 a month

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and we solve it. But there's no floating

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product. I know the index and Rio people

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out there, well I got the product that

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it adjusts. No, they don't. Okay. No,

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they don't. And it's not contractual and

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it's not guaranteed.

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Chapter two of your life needs to be

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primarily guaranteed from a financial

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standpoint.

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That's how you do affordability.

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And if you're somebody out there with

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multi-millions of dollars out there and

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you're worried about eggs and grocery

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prices or gas prices, get over yourself.

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Give me a break. You and I both know

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that who that hits is that bottom level

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society always hits them. Bless their

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hearts. It always hits them. But for you

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millionaires out there, shut up, okay?

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Put the income floor in place. We You

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got enough money to adjust if it if if

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you need to buy expensive gas or

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expensive eggs or whatever, but don't

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live like that. Don't live with that in

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your head. And by all means, don't let

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the IRS live in your head for free. I

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was talking to a guy the other day. I'll

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close with this. I was talking to a guy

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the other day, and he had he had a lot

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of money. I'm not going to give his name

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or whatever. He had a lot of money. I

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mean, we're going through this and he

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goes, "But what what about taxes?" I'm

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like, "Would you go live your life,

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please? I mean, you're going to have to

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pay taxes. The country has 37 to 39

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trillion in debt that we can count, but

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that's not all the liabilities. Live

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your life. Live your life. Enjoy your

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money while you can. Affordability for

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you watching this video. Stan the

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annuity man shooting it straight. I'm

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shooting it straight. Affordability

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means income floor. Affordability means

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money hitting your bank account every

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single month, regardless of what

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happens. Affordability is having a

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lifetime income stream as long as you're

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breathing. Affordability means you got

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to be rational enough that you're not

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going to let some Yahoo Johnny Apples

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Seed agent sell you the dream of an of a

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indexed or a RIA that they say just for

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inflation. It doesn't.

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Okay? Life insurance companies have the

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big buildings for a reason. Number one,

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they know we're going to die. Number

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two, they don't give anything away.

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That's a pretty good combination. All

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right. One last thing. Do me a favor.

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See this hat? It's a great hat. It's not

10:25
It's not green, but it's light blue. I'm

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from North Carolina, Carolina blue. If

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you're a state fan, I apologize or South

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Carolina fan, but we got a bunch of

10:33
these in. I If you're a client watching

10:35
this and you don't have one, shoot me an

10:36
email, stantheanuityman.com,

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and I'll send you one for free,

10:40
obviously. And for you people that are

10:41
considering becoming clients of the

10:43
Annuity Man, shoot me an email and make

10:45
your case. Make your case for why you

10:47
should be wearing the hat and I'll I'll

10:49
probably send you one. So, you know,

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listen, we have fun here. You know,

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we're located in Las Vegas, Nevada.

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Everybody in my building's licensed in

10:56
all 50 states, but they are not on

10:57
commissions. They're not hammers looking

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for nails.

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So, going into election seasons, we're

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always in election cycles every two

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years, right? Whether it's uh you know,

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and and there's always special

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elections, you're going to hear these

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idiot politicians going, "Well, it's

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about affordability. You know, the other

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party's not caring about affordability.

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You know, we're the only ones that care

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about affordability. Give me a break.

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I'd rather say I care about rainbows." I

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mean I mean give me it's mind-numbing.

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But what I want you to do is translate

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that. When they say affordability, I

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want you to think income floor.

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Affordability. Income floor.

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Affordability. Chapter 2. Affordability.

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You work so hard. Let's enjoy the money.

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That's affordability for you.

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Okay.

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Okay. Say yes. Okay. My name is Stan the

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annuity man. That's shooting a straight

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with