What Are The Best Annuity Companies For Retirement Income?

0:00
Hi there, Stan the Annuity Man,

0:02
America's annuity agent, licensed in all

0:03
50 states and Puerto Rico. No, I don't

0:07
speak Spanish, but I have a group and my

0:09
headquarters that do, Dr. V, if you're

0:11
asking. So, another thing people are

0:14
asking, what are the best annuity

0:16
companies for retirement income? Stan

0:19
the annuity man of all people in the

0:22
world you would be the one to know and

0:24
to tell us specifically who those people

0:28
and companies are. I'll do that after

0:31
this.

0:37
All right. So you're leaning in. Come

0:40
on. Tell me the company. Tell me the

0:42
company. Tell me the company. Tell me

0:44
the company. I'm not going to do that.

0:46
You know why? Be good question. is

0:49
because annuities or commodities,

0:53
retirement income comes down to income

0:56
now or income later. Okay, two

0:59
questions. What do you want the money to

1:00
contractually do? When do you want those

1:02
contractual guarantees to start? If you

1:05
said lifetime income, great. Second

1:07
question determines what product you're

1:09
going to get. Which one's going to

1:11
provide the highest contractual

1:12
guarantee? If you said I needed to start

1:14
immediately or within 6 months or 9

1:17
months, that's a single premium

1:19
immediate annuity. Period. End of story.

1:23
If you said the second question is I

1:25
want lifetime income and then I wanted

1:26
to start three years, four years, 5

1:28
years, seven years, 10 years down the

1:29
road, then that can be either a

1:32
qualified longevity annuity contract if

1:34
it's IRA money. It could be um income

1:37
writers if it's IRA money or nonirra

1:39
money or Roth IRA money. It could be

1:41
deferred income annuities if it's IRA

1:43
money, Roth IRA money, non nonirra

1:46
money.

1:48
We do not care about the companies. So

1:51
your question is what are the companies

1:53
stand? What is it? Is it southwestern,

1:55
central, northern? I don't even know

1:57
what that mean. No, I don't do I don't

2:00
do names. I don't do brochures. I do for

2:03
retirement income. You're transferring

2:06
the risk to the life insurance company

2:09
issuing the lifetime income product to

2:11
pay for as long as you're breathing

2:13
and or on a respirator and in a coma but

2:16
still breathing.

2:18
And if it's joint life, if until one of

2:20
you quits breathing, it's going to pay

2:22
forever. Or will it pay till I'm 128?

2:25
Yes. Will it pay till the wife list 151?

2:28
Yes. There's no ROI until you die. And

2:32
because of that severity

2:34
that you need those guarantees, it's A+

2:37
or better for retirement income. Listen

2:39
to me. A+ or better for retirement

2:43
income for lifetime transfer risk

2:46
income. I'm sticking my foot in the sand

2:49
on this. I have nothing against

2:50
companies that aren't A+ or better. We

2:52
sell a bunch of them in the MA space,

2:55
the CD annuity space. But for lifetime

2:58
income, it's A+ or better. So, we quote

3:01
all carriers A+ or better and then we

3:03
choose the highest number. We don't care

3:05
about the name. We don't care about

3:06
where they're based. We don't care about

3:08
the brochure. We don't care about any of

3:10
that. It's the rating A+ or better and

3:13
the number for retirement income. Are we

3:16
clear?

3:17
No exceptions. Somebody called me the

3:19
other day and said, "Well, you know, uh,

3:21
Stan, I heard you say that, you know, A+

3:24
and the number thing, but this other

3:26
this old B+ company over here, it's got

3:29
a huge it's got a huge guarantee for

3:31
lifetime income." I'm like, I don't

3:33
care. Who cares?

3:36
So, I asked him this. It was an index

3:38
annuity with the income writer. Nothing

3:39
wrong with that. We're going to sell

3:40
index new with income writers and we're

3:42
going to quote all income writers A+ or

3:44
better. But I said, 'Hey Ernie,

3:47
did you know that income writer

3:50
valuations aren't backed by the state

3:53
guarantee fund? What do you mean? I

3:56
mean, it's not backed like if they went

3:59
under and the company you just brought

4:01
up to me might,

4:04
the income writer guarantee is not

4:05
backed up. Most people don't know that.

4:09
So if you buy an indexed annuity with an

4:12
income writer attached only the index

4:15
annuity side which is a bad CD product

4:17
that's the only thing that's that's guar

4:20
that's backed by the state guarantee

4:21
fund.

4:23
Well I just might buy it because uh you

4:26
know state guarantee fund back.

4:30
Okay. Um the last company that was

4:34
absorbed by the state guarantee fund

4:36
that was very low rated took took the

4:39
people five years to get their money

4:42
back. Hello.

4:44
Why would you why would you bottom fish?

4:46
The other reason too for lifetime

4:48
income, retirement income A+ or better

4:50
is because artificial intelligence is

4:52
going to change the actuarial tables.

4:55
Right now, they're in your favor. But

4:57
when AI

5:00
they're shortening the medical

5:02
breakthroughs, which which gives the

5:04
annuity companies proof that you're

5:06
going to live longer, they're going to

5:08
they're going to change the life

5:09
expectancy tables, which means the

5:11
payments will be lower because the

5:13
projected payments will be more

5:16
A+ or better.

5:19
The names of the I represent them all.

5:21
Who cares? I like them all. Who cares?

5:25
How you doing? You just need a brochure.

5:27
Who cares? Anybody showing a brochure?

5:30
Joke.

5:32
Joke. Read them all. They all re It's

5:34
like the same dudes writing the

5:35
brochure. Well, with the Xfinity 135

5:39
income writer, you get the peace of mind

5:42
and the joy. And then you see these

5:43
really nice this these like 67 68 year

5:46
old ladies that look like models like

5:48
going, "H" and the and the guy's going,

5:50
"H, who cares?

5:52
Who cares about the stock photos? Who

5:54
cares about the logos? Who cares about

5:56
the TV commercials? A+ or better in the

5:58
number. A+ or better in the number.

6:02
Go to my site, the annuityman.com.

6:05
Run quotes. A guy called me goes, "Well,

6:08
you said A+ or better in the number. You

6:10
kept selling. You yelled it. Scared my

6:12
wife to death. And then on your quote,

6:15
they showed stuff that wasn't A+ or

6:17
better. We're not recommending them. I'm

6:19
the top agent in the country. I'm going

6:21
to quote everything to show everything

6:23
to everybody and then I'm going to

6:25
recommend what we recommend. And the

6:28
reason I show it is because there's some

6:31
there's some there's some companies out

6:34
there that do teaser rates on income

6:36
writers where they drop off after year

6:38
10. There's all kinds of nonsense

6:40
happening out there.

6:42
It's up to me and my team headquartered

6:44
in Vegas. Everyone's licensed, but

6:46
nobody's on commission there. They have

6:50
to be licensed to legally talk to you,

6:52
by the way. So, if you're talking to

6:53
someone on the phone other than us, I

6:55
don't know why you would ask them, "Are

6:57
you licensed in my state?"

7:00
Because if they're not, hang the phone

7:02
up. It's illegal. Got to be licensed in

7:05
every state.

7:07
But for lifetime income, we're going to

7:09
show everybody. Now for SPAS,

7:12
DAS, QAX for lifetime income, the vast

7:17
majority of those companies that do

7:18
these annuitization type products,

7:20
they're the big boys. They're A+ or

7:22
better across the board. There might be

7:23
an A stuck in there for whatever reason.

7:26
We ignore them because it's A+ or

7:27
better. Those are the A+ and A++

7:30
companies. Okay?

7:34
So, I know you're leaning and you got

7:35
your pencil out and you were going to

7:36
write down the name. And by the way, if

7:39
if you ask that question to anyone else

7:41
that but me and they respond with the

7:45
name of a company, get up and walk out

7:48
or or hang the phone up on them. There

7:51
is no best company. There's the best

7:53
guarantee, A+ or better. But for someone

7:56
to say, "Yep, this is the best company.

7:59
I've done the research locally. I'm a

8:01
local guy, but I do the research." No,

8:03
you don't. No, you don't. If someone

8:07
says, "Yeah, this is the best company."

8:08
That means they're either going to make

8:10
the most commission from that company or

8:11
if they sell enough of it, they get to

8:13
go on the trip to Bora Bora with their

8:14
girlfriend, boyfriend, husband or wife

8:16
or whatever applies.

8:20
Annuities for for retirement income and

8:22
lifetime income, they're commodity

8:24
products. Quotes change every seven to

8:27
10 days like a gallon of milk. You've

8:30
got to lock it in. If you like the quote

8:33
and if you want to go through go forward

8:35
with the application, you can use us.

8:37
We'll take care of it from start to

8:39
finish. Have the best team in the

8:41
business. I have the best paperwork team

8:43
in the business. Because with annuity

8:46
applications at this point in time, at

8:47
the time of this taping, AI means actual

8:49
individuals. Will that change in the

8:51
future? think it will gradually will be

8:53
the leader of that but right now it's

8:55
actual individuals

8:57
with achieved intelligence AI forget the

9:01
company forget the brochure forget what

9:04
Johnny Apple Seed agent and advisor

9:07
pitching and trying to steer you toward

9:09
quote all carriers for retirement income

9:13
A+ or better and choose the highest

9:15
number forget the moving parts forget

9:18
the bonuses forget it all it's A+ and

9:21
the highest number because at the end of

9:24
the process, that's the contractual

9:26
guarantee. Do me a favor, go to my site,

9:28
theanuityman.com.

9:30
You can email me, stantheanuityman.com,

9:34
schedule a call, whatever you want to

9:35
do. We're here for you. We don't We're

9:37
not hammers looking for nails. One last

9:39
thing above my head, I did a good video

9:40
on why people still hate annuities. They

9:43
do. I don't blame them. I mean, the way

9:46
that they're sold out there, the whole

9:47
seminar circuit is an absolute croc of

9:50
crap. I mean, I don't know who came up

9:52
with that, but that's a joke. Come on

9:55
now. Um, yeah, go. As I tell my mom, she

9:59
goes to two a week in St. Augustine,

10:00
Florida, 87 years old. Swallow the food,

10:03
not the pitch. Go if you can if you if

10:06
you've got the the stomach to listen to

10:08
that crap. Okay? But be careful out

10:11
there. There's no product that's better

10:13
than the other. And if you find a

10:15
somebody on the internet that's talking

10:17
about a specific product, full of crap.

10:20
They don't understand. They don't

10:22
they're trying to sell that product and

10:24
that product alone. And you got to ask

10:26
yourself why. And you know the answer.

10:29
All right. My name is Stan the Annuity

10:31
Man. See you next time.