What Is A Secure Guaranteed Retirement Account?

0:00
So, what is a secure guaranteed retirement account? Very good question.

0:07
Hi there. My name is Stan The Annuity Man, America's annuity agent,

0:10
licensed in all 50 states and Puerto Rico, the founder of CGO (Contractual

0:14
Guarantees Only). We only look at what a policy will do, not what it might do.

0:19
But this is a very good topic. I'm going to break it down from

0:22
an annuity standpoint and maybe from other angles as well after this.

0:35
So, what is a secure guaranteed retirement account? In my opinion,

0:39
in the world that I live in, that's a contractually guaranteed transfer-risk

0:43
annuity strategy. We only ask two questions: What do you want the money

0:47
to contractually do? When do you want those contractual guarantees to start? And then,

0:51
from there, we can tell you if you need an annuity, if you don't need an annuity.

0:55
And annuities solve for four primary things. The acronym is PILL. P, stands for principal

0:59
protection. I, stands for income for life. L, stands for legacy. The other L, stands for long-term care.

1:05
So, principal protection, income for life, legacy, and long-term care. With annuities,

1:10
you can contractually secure that and guarantee it, and I think that's a good thing.

1:16
So, especially for lifetime income, you know, we live in a world where there are no pensions

1:22
anymore. Back in the day, you got the gold watch and the pension. There's no gold watch anymore,

1:26
I don't think. So people have to create their own pensions. 401(k)s aren't lifetime

1:32
income products. There are some annuities being offered inside of 401(k)s. That's a whole other

1:39
story. I don't think that's a good way to do it because you can't shop all carriers, okay?

1:44
But a lot of people need to create pensions. And annuities are the only product on the planet,

1:49
the only strategy on the planet, that provides a lifetime income as long as

1:53
you're breathing. Don't hit me with some, "Well, how about a 30-year bond?"

1:56
Well, how about if you live 31 years, player? How about that?

1:59
You know, with artificial intelligence getting ready to change the game with

2:03
life expectancy tables, and that is going to happen, that means you're

2:07
going to live longer, which means the payments will be projected to be more,

2:11
which means the payments will be lower. Right now, lifetime income is a bargain.

2:16
So, secure and guaranteed for retirement means contract,

2:21
and contract means annuities. And those contracts are issued by life

2:25
insurance companies that issue the annuities, and they can be customized.

2:30
If you said, "You know what, Stan The Annuity Man, America's annuity agent?

2:33
I really don't need a lifetime income. I just want to protect the principal. I don't want

2:37
to lose any more money. I don't want to be subject to market ups and downs." That's a

2:41
multi-year guaranteed annuity. In my opinion, that's better than the other CD product,

2:46
which is an indexed annuity. And yes, indexed annuities are CD products.

2:50
The problem with indexed annuities? Nothing's guaranteed. MYGAs, that's all guaranteed. When

2:57
you buy annuities, you buy guarantees. No exceptions. No exceptions with us.

3:02
You don't buy hypotheticals. You don't buy theoreticals. You don't buy projections. You

3:06
don't buy back-tested numbers. You don't buy unicorns chasing butterflies. You don't buy

3:11
what that person tells you might happen. You buy the contract. You buy what will happen.

3:19
So, if you said, "I don't want to lose any money. I don't want lifetime income.

3:24
I just want the principal protected," that's a MYGA. You get a guaranteed interest rate for a

3:29
specific period of time in any account, IRA, Roth IRA, Non-IRA, but in a Non-IRA account,

3:35
that interest grows tax-deferred. And you can keep kicking that can down the tax road for infinity.

3:43
That's what I do. I own a gadillion, manillion, quadrillion MYGAs. I'm just going to defer,

3:50
defer, defer, defer, defer, defer, defer with my Non-IRA assets.

3:56
My daughters can deal with it later when my Learjet rented lease hits the mountain.

4:03
Guarantees on the non-annuity side, in my opinion, would be, and I can go there. I'm not doing that

4:11
side anymore, but I was with Dean Witter and PaineWebber and UBS and Morgan Stanley. Guarantees

4:17
over there on that side: non-annuity, Treasuries, AAA municipal bonds, CDs, money market-type

4:28
accounts. Guaranteed, contractual, you get a yield. Great. Love it. Just don't it. I just love it.

4:39
But you're talking about guaranteed products, contractual products in retirement. You just

4:46
have to decide what you're trying to do. The ones that I just mentioned over here, Treasuries,

4:51
munis, CDs, and money market, those are principal protection strategies. The

4:55
MYGAs on the annuity side, that's a principal protection strategy.

4:59
But most of you need to look at lifetime income, that income floor that you need

5:04
to build. You already own the best inflation annuity on the planet. That's Social Security.

5:07
What, in addition to that and other items coming in on a

5:10
monthly basis, do we need to fill the gap for? It's that simple.

5:14
And we can structure it so that 100% of any unused money will go to the family,

5:19
not the annuity company. Because too many people out there think when you die, annuity money goes

5:24
poof. No, it doesn't, unless you want it to. But 99% of the people say, "No, let's put a

5:29
backstop in there so that my beneficiaries and family get the money unless we live forever."

5:36
It's a very simple process with us, okay?

5:39
You can go to my site, theannuityman.com. You can run quotes to your heart's content. You can

5:43
download my six owner's manuals for free. You can watch videos. You can get me either through email,

5:49
[email protected], or you can schedule a call with me. Twenty minutes, to the point,

5:54
down and dirty, brutal truth. I'll let you know if you need an annuity. And if you do, we're going

6:00
to run the quotes for you, run the illustrations for you. No pressure. Why wouldn't you do that?

6:06
There's a trifecta that we have here at The Annuity Man that works.

6:10
It's worked since I started. It's going to work forever.

6:15
We ask two questions: What do you want the money to contractually do? When do

6:17
you want those contractual guarantees to start? From there, we shop all carriers. From there,

6:24
I make my recommendations. And then you make your decision on your terms and on your time frame.

6:31
Four easy steps.

6:36
Remember, you own an annuity for what it will do, not what it might do. The second that you

6:41
enter the non-guaranteed side of annuity sales pitches is the second you're going to make a

6:47
mistake. If you stay on the contractual guarantee side, you're going to be fine.

6:51
Do me a favor. Go to my site and run those quotes. The number last month

6:56
was huge, people running quotes, and that's great. I want it to be off the charts.

7:01
But also, do me a favor. There's a video above me that I talked

7:04
about. It's a side video that I had to make. It's about annuities being

7:09
commodities. We don't look at the names in the brochure. Some sites,

7:13
you can download the brochure and who cares? Who gives a crap? It's all about the number. It's

7:20
all about the rating, and it's all about what I'm recommending. That's it. It's that simple.

7:25
So, watch that video, and I'll see you next time.

7:28
My name is Stan The Annuity Man.