What Is A Good Monthly Retirement Income For A Couple?

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What is a good retirement monthly income for a couple out there? You're watching this. You're

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going, "We're at the finish line, Stan. We don't know what to do. We just need some income to go

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see the kids and buy that RV or fifth wheel, as they say in Nebraska." I say that because I had

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no idea what all of that means. And my idea of camping is actually a really rundown Days Inn. No

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offense to Days Inn. But we're going to talk about retirement income. Like, what's a good amount for

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a couple out there in, I guess, fly over America and also the big cities because we're licensed

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in all 50 states. What is that? That's a really good question for someone that's called Stan the

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Annuity Man that has logos everywhere. Licensed in all 50 states, America's annuity agent and

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top agent representing all carriers. Did I mention that earlier? Big C. I don't think I did. Big C is

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behind the camera. But we're going to talk about, you know, what's a good retirement income? How do

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we develop that? How do we create that? What does that look like? Stan the annuity man. After this.

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So retirement income, I don't really like to say the word retirement. It's kind of a curse word

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for me from North Cackalacky. That's North Carolina. I call it chapter 2. Chapter 2 is about you.

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So in chapter 2, you have to sit down with your significant other who's put up with your rear end

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for all these years and say, "Okay, what's our income floor? What does that look like?

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What amount of money do we need to pay the bills without worrying about what's being said on the

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cable news channels or what's happening on CNBC and Fox Business and our friends as

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slick back dudes on Wall Street? What is it for us?" So, you have to start adding that up. Now,

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part of your income floor involves the annuity you already have, Social Security. So, what's that

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going to be? When are you going to take? And if you say, "What's the magic number

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for that? I've been told numerous things." That's because there's no magic number and everyone's

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guessing. The magic number is when you need the income. And for Social Security, annuities for

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that matter, and that is an annuity. Say, well, you know, what's the right age? Well,

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the older you are, the higher the payment. So, the longer you wait, the higher

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the payment. But you have to factor in those years you missed while you were trying to thread

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the needle and see what that break even point is. In my honest opinion, Stan the Annuity Man,

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America's annuity agent, take the money. There's no U-Hauls behind hearses, and eventually you're

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going to be drooling and wearing a diaper. That's my motivational speech for the day. But you are,

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we are, all of us are, some of us are now. The point is you have to think about, okay,

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there's my retirement income floor, Social Security. If you're so fortunate, one of the 9%

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that have a pension, then pensions on top of that. If you have an IRA, individual retirement account,

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eventually you're have to start taking required minimum distributions. Those are annuity payments

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as well. So that's going to add to the income because RMDs in an IRA is the IRS saying, "Hey,

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you need to take money out whether you want to or not because we want to tax it." So you're

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going to have to take that money out. Then you got dividends, and then you got, you know,

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if you got some rental houses, if you're selling cotton candy or sliders at the fair, I mean,

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that's income. Add it all up and figure out if there's a gap. If there's not a gap, then

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you're good to go, player. Knock yourself out. If there's a gap, that's where Stan the Annuity

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Man comes in and my team in Las Vegas, licensed in all 50 states, even that beautiful one you're

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sitting in. And we can put together a plan using the least, let me say it again, the least amount

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of money to contractually solve the problem. We don't do hypotheticals, theoreticals, back tested,

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unicorns chasing the butterflies, numbers, sales pitch garbage, contractual guarantees. We pull all

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carriers. These are commodity products. Okay? Meaning that there's not one company better

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than the other. Quotes change like a gallon of milk every 7 to 10 days. And we quote all carriers

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to see who is looking for your business, looking for your age ranges, your life expectancy tables

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where they're going to raise that quote to attract you. If they don't need your life expectancy,

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they're going to lower the quote to not attract you. That's the reason you got to quote

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all carriers because at any point in time there's a lot of carriers that want your business and

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they're going to quote aggressively to get it. So if you said, "Okay, Stan, we added up all these

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things and it's $5,000 a month and but we need 57.50." Okay. Then what we'll do and what you

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can do if you go to my site at theannuityman.com, you can run a quote doing what's what we call

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reverse engineering. In other words, solving for that 750. I'm using that as example. So you want

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to know what carrier out there when you run the quote would require the least amount of money to

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guarantee that 750 for me and Eunice, or Eunice and Fred. Okay? Who is that person? Who is that

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carrier? You can run that quote or you can speak with us. Free consultation. Book a call on my site

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and we'll walk you through it. We will run the quotes for you. We will send you the quotes. And

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if you like the quote, you can lock it in and go through the application process. Now, with

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annuities to fill in that gap for your retirement income for a couple. Okay. There's four types.

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Income Riders, QLACs, DIAs, and SPIAs, single premium immediate annuities. And we're going to

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ask you two questions. What do you want the money to contractually do? In this case, we're talking

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income. And then secondly, when do you want those contractual guarantees to start? You might say, we

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need to fill that gap now or we want to fill that gap later. Let's talk about inflation,

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Stan. I want to hear about inflation, Stan. What's your solution for inflation, Stan? Cuz everyone

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out there saying they have the solution. They don't. Okay? They don't. They're also walking

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around thinking that they have six-pack abdomen muscles, which they don't. There's not an annuity

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company that solved that has a product that solves for inflation. I don't care what you've been told

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or shown. It doesn't exist. And because it doesn't exist, and you're hearing that from the top agent

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in the country, then don't buy it. Don't buy the dream. You're going to own the contractual

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reality. So, how do we solve for inflation? At the time you need additional money for your

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income floor, then we do a reverse engineer quote for a single premium immediate annuity

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and solve for it at that time. Otherwise, you're just throwing darts and you're buying an agent a

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car for saying this my annuity will adjust with inflation every year, Mrs. Jones. No, it won't,

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Sparky. It will not. Okay? They're just trying to sell you something. What we're trying

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to do is educate you so you can make an informed decision on your terms and your time frame. So

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when you're talking about retirement income or chapter 2 income for a couple. Okay, first of all,

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I'm going to advise you and my team as well, joint life. What joint life means is that when one

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of you dies, the income continues uninterrupted and unchanged for the surviving spouse. Okay?

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I'm betting on the females out there. It's evil conspiracy, but I'm betting. Okay. But we can also

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structure it so that when you pass away headed to the family reunion, we're going to structure

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it so that 100% of the money goes to the family, the beneficiaries, and the evil annuity company

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doesn't keep a penny. If I had Big C behind the camera, if I had $5 for every time, someone said,

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"I ain't never going to buy annuity, Stan, cuz when you die, annuity company keeps money." Oh my gosh.

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I mean, seriously. I mean, I have stab marks from forks like I've been eating, someone says that

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and I just stab myself right in the leg because that's the dumbest thing I've ever heard. Now,

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you can structure it that way if you hate your family. And I did have a guy call recently, he

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goes, "I've heard you say all this Learjet hits the mountain and save it for my family." He goes,

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"I literally don't like my family. I want the highest payment life only." Okay, great. Great,

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Fred. I mean, you don't care. That's fine. But 99.9% of you go, I don't want the

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annuity company to keep a penny, but I want them on the hook to pay for as long as I'm breathing or

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as long as my wife is breathing. We can do that. So they're on the hook to pay forever.

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But when your Learjet hits the mountain, rent it, of course, least of course, that whatever's left

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in the account goes to your beneficiaries. And the evil annuity company, they do not keep a penny. So

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we can do the retirement income. We can do chapter 2 income. What you need to do initially is add up

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what's coming in now and see if there's a gap. My name is Stan the Annuity Man. But before I go, I need

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you to do one thing for me. You can hit subscribe and all that stuff. Leave comments. I do read them

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late at night because I can't sleep. You know, 61 years old, you can't sleep. But do me a favor.

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Right above me, magically, you're going to see a countdown clock that's going to point to a video

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that explains the process of how we do business at the Annuity Man. The fact that everybody there

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is licensed in all 50 states, but everyone there is not on commission. We're not hammers looking

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for nails. We're looking to help you listen to you and tell you the truth. As my grandfather,

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Hunter Garrison in Stanley, North Carolina, I'm not making that up. Stanley, North Carolina, smart

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man, was not an educated man, but a very smart man. And he said to me this, "If you tell the

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truth, you don't have to remember anything, Stan. That's our business model." It's that simple. And

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it should be that simple with annuities. I'm Stan the Annuity Man. See you next time.