What Types Of Income Can You Use In Retirement?

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Hey there. What types of income can you use in retirement? Hi there. I'm Stan the Annuity Man,

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America's annuity agent, licensed in all 50 states. I don't know. Should I say more than

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that? Yeah, I can. I'm the tallest agent, and I'm the top agent in the country. Independent

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agent. I'm independent. I don't care about any of these companies other than they're highly

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rated and they can back up the guarantee, and the guarantee is the highest in the country. So, what

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types of income can you use other than annuities in retirement? We're gonna talk about that next.

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So, what types of income can you use in retirement? You know, the answer in North Carolina

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fashion is: all of them. Use them all, son. Everything coming into the bank account is income.

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That is true. By the way, the guys behind the camera love it. Big C and S. S is from Venezuela,

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he's happy, smiling. They're asking me if I'm on an Adidas contract because I got all these

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Adidas sweats. The answer is no, but it should be. But these are the type of old-school Adidas

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that Run DMC — Adidas, you know, that rap video — Adidas. You can't get them anymore. I mean, these

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are worth a ton. But let's talk about income. Let's talk about retirement. Let's talk about

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what you count as retirement income. It really comes down to what's coming into the bank account.

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So, let's hypothetically look at your situation. You have this bank account with a big bank because

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that's kind of all that's left, and it's a checking account and money coming in. So

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fortunately, you already own an annuity called Social Security. Okay? So that's

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going to be coming into that checking account. Nod your head. And it's going to increase with

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inflation because politicians increase it because they want your vote, not because they can pay for

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it. Okay? But I digress. So it's going into your bank account. If you have a pension,

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it's going into that bank checking account as well. If you have dividends from stocks, it's

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going into that bank account as well. If you have bonds or treasuries or CDs or money markets or

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multi-year guarantee annuities that just kick off interest, you can take that interest and put it

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in your checking account. If you have investment properties that kick off income, rental income,

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that goes into your checking account. All of that can be used for what I call the income floor.

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The income floor is the amount that you use in chapter two. Remember, chapter two is about you.

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That you use to get up late, drink too much coffee, hopefully not drink too much beer,

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travel, go see the kids and the grandkids, go to the football game, whatever. That's the

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income floor. That's chapter two. It's about you. That's what you're doing. That's what the checking

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account and the retirement income sources is all about. It's time to start thinking about

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that if you haven't already. It's time to start adding all of that up to see where you're at.

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You might say, "Well, you know, Stan, we live frugally, son. You know,

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we've lived the same for the last 25 years." And in the background your wife or spouse is going,

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"And I'm tired of it." They want to spend more money. Remember, as the genius said in North

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Carolina: "There's no U-Hauls behind hearses." Think about that. Can't take it with you,

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player. So don't try. Okay? You know, one of my clients says, "My goal in life, Stan, is my last

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check to bounce." Meaning I'm dead and it bounced. Hey, that's a goal. Some people don't want to

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leave anything to their beneficiaries. You know, we will set it up the way you want to. We will

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lovingly handcuff your beneficiaries if you want. Meaning that they're not going to get a lump sum.

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They'll get payments. My daughters are getting that. They're 29 and 27. Are they getting a lump

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sum? No. They're going to come to my funeral in a helicopter and then drive off in a Lamborghini,

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but they're going to be making payments. They're not going to own the helicopter or the

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Lamborghini. They'll be making payments. That's called lovingly handcuffing your beneficiaries.

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But getting back to the question: you got this checking account, you got all these retirement

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income sources that you're adding up. What if it doesn't get you to the point that you need

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to be? You know, what if the goal is: we need $4,500 a month in the checking account hitting

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every month and life's good. But Stan, we're only at $4,000. What do you do? How do you do

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the $500? That's where Stan the Annuity Man comes into play. That's where the Annuity

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Man and my team of experts come into play. Because what we can do is find the highest

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contractual guaranteed payout with a highly rated company to fill in that income floor gap.

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Which then leads to the next question. Good question. You're yelling it at the screen,

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which is, "Hey Stan, what about inflation, son? You know, this inflation thing's scaring me."

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First of all, inflation is customized to your situation. Give you an example. My daughters,

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who are not in the house anymore — we used to take them to dance and buy milk and buy cereal

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and buy all dance and this and that. That's gone. Okay? That expense is gone. But for

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some of you out there, they're going, "I have to pick them up every day. I have to buy the

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shoes. I have to go to the recital." That's part of your cost. Inflation is about you. Instead of

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trying to guess where it's going to be, look at it from your standpoint. Is inflation affecting

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you on what you're buying, the food you're buying, the gas? Are you driving as much?

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But let's just say you have a gap. Let's just say, wait a minute, Stan, you know, we hit the $4,500,

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seven years later, we need an additional $700. Then we do a reverse engineer quote.

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What that means: you can go to our site at theannuityman.com and run a

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quote solving for a specific monthly amount, and every carrier will bid on it for their

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contractual guaranteed amount using the least amount of money to solve for that

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goal. That's how you do inflation with annuities. If anyone ever tells you they

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have the annuity that adjusts for inflation, they're either a sociopath or really stupid,

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or just a little bit of both. Okay? Because they don't have it. Nobody's figured that out.

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As always — I told someone the other day, "Well, this guy told me blah blah blah blah

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blah blah blah blah blah blah." I went, well, if it sounds too good to be true, it is every

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single time with annuities. Okay? Because the last time I checked, that too-good-to-be-true

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product is not being purchased by Goldman Sachs and Morgan Stanley and all those people. They're

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not buying it. If it's that good, the hedge funds would be buying it. So just calm down on

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those hypothetical, theoretical, back-tested, unicorns-chasing-the-butterfly returns that

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you see and are pitched. They don't exist. It doesn't work like that. Annuity companies are

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for-profit and there's no philanthropist sitting in any seat of a CEO seat at an annuity company.

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So getting back to the point, and the point is the retirement income sources. You just

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have to add that up. And you might get to the point you say, "Okay, we've got enough,

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Stan the Annuity Man. I don't think we need an annuity." Great. High five. Virtual high

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five. Hit the screen. Hit it. Then great. But if you have a gap, if you have a part of that

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income floor that you need to fill in, that's when you need to call us at theannuityman.com.

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Do me a favor. Go to this link up here, and it's a video where I get down and dirty and funny and

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funky about the Annuity Man and what we do that sets us apart and why you should possibly consider

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using us. I think once you watch that video, you'll understand what we're trying to do. For us,

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AI means actual individuals. AI doesn't mean you're going to get some bot. AI means you're

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going to get a person that's in Las Vegas, Nevada. It's not that they just flew there. That's where

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my office is. You say, "Wait a minute, Stan. You do no risk and you're in Las Vegas." I

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know. Pretty interesting, huh? Anyway, go check out that video because I'm going to go in detail

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on what's offered for free, you know, the reason that you should at least use us to shop around

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and look for the highest contractual guaranteed rates if annuities are in the back of your mind.

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Okay? So, do the exercise. Add up all the retirement income sources,

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right? And then get in touch with us if you need to fill that gap. My name is Stan the Annuity Man,

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sporting the Adidas sweats with the Stan the Annuity Man logo and the hat and the whole

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thing. I guess, Big C, we could show them the pants, but that might not be YouTube

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appropriate. But know that I have Stan the Annuity Man logo pants on. See you next time.