What Is Better Than An Annuity For Retirement?

0:00
Hi there, Stan The Annuity Man, America's annuity agent, licensed in all 50 states and Puerto Rico,

0:06
founder of CGO, Contractual Guarantees Only. You own annuities for what they will do,

0:10
not what they might do. Not the hypotheticals and theoreticals

0:13
and hopes and dreams and unicorns chasing the butterflies.

0:16
Today's topic is a good one. I'm the only one in the country that's qualified to answer.

0:24
What is better than an annuity for retirement? Stan The Annuity Man.

0:29
Someone with "annuity" in the last name. What is better than an annuity in retirement?

0:39
A lot of things.

0:40
I know you're saying, "Did you say that? Aren't you defending the turf?" No.

0:45
I'm defending the truth. There's a difference. But we're going to go over all of that after this.

0:59
So, the question of the day is a very good one. What's better than an annuity for retirement?

1:05
Well, part of that question, the premise is a little off because annuity is like a category.

1:11
"Well, there's only one annuity, son. It's that income thing.

1:13
And when you die, the annuity company keeps the money."

1:17
Stop talking. You're dumb as a box of hair. Please stop talking.

1:22
Annuities, many types of annuities, solve for four things. The acronym is PILL that I

1:28
came up with. P, stands for principal protection. I, is for income for

1:32
life. L, is for legacy. The other L, is for long-term care. That's what they solve for.

1:37
So, the question is, what are you trying to solve for?

1:41
If it's lifetime income, there is nothing better because annuities have four different products

1:47
that have income starting at different times or use different types of accounts

1:53
that provide a lifetime income stream as long as you're breathing.

1:56
There's not another retirement product on the planet that beats it.

2:02
So, Stan The Annuity Man, what is better than an annuity in retirement?

2:07
Annuities, in retirement, all types. If you're looking for market growth,

2:12
then never buy an annuity. And I just pooped all over. I said pooped, big C. I said took a crap

2:23
on all the indexed annuity and registered index-linked annuity sales pitches.

2:28
If you need real market growth, never buy an annuity. So, real market growth products: stocks

2:34
and bonds and crypto and ETFs, whatever you do out there in growth land, then that's what you do.

2:41
That's better than anything that the annuity category offers for a reasonable rate of return.

2:50
Okay? What's better than annuities if your goal is principal protection? How about that?

3:00
Well, there's a principal protection product. There are two, actually,

3:04
but one is actually a good one, which is multi-year guarantee annuities.

3:07
It guarantees a fixed rate, a yield, for a specific time that you choose.

3:15
And the durations are 1-, 2-, 3-, 4-, 5-, 6-, 7-, 8-, 9-, and 10-year durations.

3:20
You can go to my site at theannuityman.com and see a live feed

3:23
for your state of residence and see what the best guarantees are.

3:29
Now, over here also are indexed annuities. That's a principal protection product,

3:33
but there are no guarantees. I do guarantees. So, MYGAs are the guarantees.

3:37
So, on the non-annuity side, Stan The Annuity Man,

3:41
what's better than annuities for principal protection in retirement?

3:44
Well, you have Treasuries. I'm not saying they're better, but they're good.

3:49
AAA municipal bonds, tax-free coupons, CDs, money markets. That's all on the non-annuity side.

3:59
So, let's go backwards.

4:03
Market growth? No. On annuity. Non-annuity? Yes. That's better than annuities. Lifetime income? No.

4:12
On a non-annuity side. Annuities are the only product category that pays for as long as you're breathing

4:19
or, if you set it up jointly with your spouse, as long as one of you is breathing.

4:23
Principal protection? There's no "buzzer". It's like MYGAs on this side,

4:27
and then you have Treasuries, munis, CDs, and money markets on this side.

4:33
So, what's better than annuities in retirement? It depends on your goal.

4:39
And if your goal is market growth, they're better. Whatever you're doing on the non-annuity side is

4:44
better because annuities are not market growth products. Period.

4:47
I don't care what anybody says, emails me, yells at me,

4:52
shows me, potential, hypothetical, theoretical return. I don't care.

4:58
With all annuity sales pitches for non-guaranteed returns, they're not better than the other side.

5:07
You really can sum it up with two things: growth, non-annuities; lifetime income, annuities.

5:15
So, going into retirement, your question then is, what am I trying to solve for?

5:20
I guess the one that crosses over both lines is principal protection because annuities

5:25
have a principal protection product, MYGAs, and the other side has four that I trust.

5:32
I mean, I guess you could throw preferred.

5:34
"Well, I bought this preferred the other day."

5:36
Preferred stock. I get it. Been there, done that.

5:39
But real principal protection that's liquid:

5:46
Treasuries, munis, CDs, money markets. Over here, it's only MYGAs.

5:50
But if you take away one thing, it's growth. Non-annuities, growth.

5:56
Never buy an annuity for growth, real growth. And then annuities for retirement, lifetime income.

6:04
How simple is that? It's that basic.

6:09
But you've got to be careful with that question because somebody is going to try to sell you

6:14
a product that sounds like it does it all, that sounds like it's too good to be true. And it is.

6:21
Just don't fall for it.

6:22
And if something really, like, if you get to the finish line and go, "Man, that really is

6:27
perfect for me," please call me and I'll give you the facts.

6:32
I'll give you the skinny on it so you don't make a mistake.

6:35
There's no mulligans in retirement. Don't make mistakes. Take your time. Do your research.

6:44
Contact me. [email protected]

6:46
Go to my site. Download the books. Look at more videos. If you want to

6:49
look at a product, fine. If you want to schedule a call, you can get me.

6:52
And you say, "Really? I'm not sure I want you."

6:55
That's fine, too. If you don't want me, I've got licensed people in there.

6:58
They're not on commission, but they're very knowledgeable.

7:00
But if you want to speak to me, you can get me. It's 20 minutes. It's to

7:03
the point. It's brutally factual. And you know, I've done this for a long,

7:08
long time. Top guy out here, top agent in the country. Would love to speak with you.

7:11
One last thing. Above my head, I did a controversial video. Getting a lot of flak

7:17
from the industry, but I'm right. Anytime the industry emails me and calls me and

7:21
says they don't like the video, I'm right on the nugget. I've hit it. I've hit the nerve.

7:26
And this video is about annuities as commodities. And they are. They really are.

7:31
We don't care about the name and brochure and the name of the product. Somebody called

7:36
me the other day and said, "Stan, do you know about the Initiator?"

7:41
I'm like, "What are you talking about?"

7:42
He goes, "It's a product this guy pitched me."

7:44
I said, "I don't care about that. All I care about is what's the highest contractual guarantee

7:49
after you answer two questions: What do you want the money to

7:51
contractually do? And when do you want those contractual guarantees to start?"

7:55
And then, from those two answers, we quote all carriers. We look at the ratings. I give

7:58
my recommendation. And then you make your decision on your terms and your time frame.

8:03
That's four things. That's four easy steps to making sure you make a good decision.

8:08
Alright? My name is Stan The Annuity Man. See you next time.