Why Lifetime Income Is All About Life Expectancy

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Hi there, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states of Puerto Rico. Top agent in

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the country, tallest agent in the

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country, nicest agent in the country,

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most factual agent in the country, might

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be longest married agent in the country,

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[laughter]

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37 years in counting. We're going to

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talk about lifetime income and the

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reason that that's important and the

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reason that lifetime income is

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misunderstood on how it's priced. So,

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we're going to talk about that and the

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and another reason that we need to look

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at it now before AI, artificial

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intelligence gets a hold of it after

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this.

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[music]

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All right. So, let's talk about lifetime

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income and annuities.

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lifetime income annuity started in the

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Roman times that the beautiful Roman

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soldiers and their families and the

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beautiful Roman soldiers were laying it

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on the line for the empire and the

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empire said you know what boy these guys

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are losing their lives and they're

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laying it on the line we're going to

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give them a lifetime income payment

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that's where the word annuity comes from

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Latin annua for their them and their

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families that's the genesis of single

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premium immediate annuities which is the

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grandfather father of all annuity types

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which single premium immediate annuities

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have been sold in this country for over

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200 years

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straight transfer risk pension no moving

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parts no annual fees to market

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attachments and please don't say well

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I'd never buy an immediate because the

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annuity company keeps the money all

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right don't don't speak you'll lose IQ

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points because you don't know what

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you're talking about 99.999%

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of all annuities for lifetime income we

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sell 100% of Any unused money goes to

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the family, not the evil annuity

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company. But let's talk about lifetime

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income. I'm calling, if you check the

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date here, I'm calling 2026

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the year of lifetime income because

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lifetime income is getting ready to

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change. And before we go into the nuts

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and bolts of lifetime income, how it's

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priced, artificial intelligence, AI, by

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the way, AI at the annuity man means

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actual individuals. Um but artificial

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intelligence is shortening those medical

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breakthroughs that you're seeing um you

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know cancer and all of that stuff,

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diabetes.

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AI is attacking that in a positive way

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to lengthen your life expecties. In

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addition to that, I call them the stab

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you stab you get skinny drugs. GLP1 now

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that's in pill form. Let me tell you

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something that's a wrap because people

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are going to get skinnier. They're going

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to get healthier and the annuity

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companies are waiting, salivating,

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drooling, a spatoon for when life

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expectancy tables lengthen, which all

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that means is the payments will be

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projected to be longer, which means

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those payments will be lower. So, right

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now, lifetime income is a bargain. But

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too many people say, "Well, I'm tell you

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something, St. I'm looking at the

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lifetime income like you told me, son,

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but uh I'm waiting on the Fed. I'm

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looking at rates. I'm g I'm gonna thread

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the needle, son. Uh, no, you're not.

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Okay. And you're looking at the wrong

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thing. It's like, look at the look at

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the shiny thing over here. Look at this

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shiny. And right here is where it's all

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happen. And this is lifetime income.

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This is life expecties.

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When you buy lifetime income, and

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there's four type primary types of

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contractual guaranteed annuity types for

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lifetime income. single premium

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immediate annuities, deferred income

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annuities, qualified longevity annuity

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contracts, and income writers. You can

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go to my site at theanuityman.com,

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run quotes to your heart's content. You

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can schedule a free consultation with my

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team who are all licensed but not on

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commission. Or you can email me and say,

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"I don't want to deal with I want to

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deal with you, son. You're the expert."

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Well, then email me

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stantheanuityman.com.

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life expectancy or if joint with your

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spouse, life expecties

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plural

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drives the train.

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The older you are when you start the

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payment, the higher the payment.

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Let me give you an example. Social

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Security. Are the pay question. This is

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a open book test. Are your payments

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higher at age 65 or at age 70?

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70. You're correct because you have less

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life expectancy projected which means

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the payments will be more. That doesn't

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mean that you wait till 70. That doesn't

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mean that you try to beat the annuity

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company. You cannot beat the annuity

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company. Life expectancy drives the

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train. Interest rates play a secondary

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role. Interest rates play a secondary

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role. Interest rates play a secondary

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role.

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Listen to me. Don't say I'mma wait to

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the Fed and the Fed meeting coming up in

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a couple months. You're the dumbest. I

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You're dumb as a box of hair. And take

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that the right way. Okay, I mean that

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constructively.

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You're looking at the shiny thing.

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You're listening to stupid people on um

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CNBC and Fox Business. No, no, I'm sorry

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about that, but you guys don't know

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anything about annuities. That's the

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reason they bring me on occasionally to

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clear the air and factually bring it.

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Now, life insurance companies issue

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annuities. It's a contract between you

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and the and life insurance company.

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There's no ROI until you die. Say,

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what's the return on that son? Because I

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just bought this tech stock. I'm way up.

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We don't know that until you die,

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Chester. And if artificial intelligence

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changes the game, you're going to live

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forever. Say you're and say your

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projected life expecties now is 85 and

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AI comes in and changes it. Now it's

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105. What's that ROI on that on that

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lifetime income payment now? And

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remember, just to remind you, when you

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when your Learjet hits the mountain,

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100% of the money goes to the list of

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beneficiaries of the policy and the evil

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annuity company doesn't keep a penny.

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Going back to life expectancy drives the

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pricing train.

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I want you to think about your

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portfolio. You have small cap, midcap,

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large cap, international value. Nod your

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head. You know that that master of the

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universe that you've hired to pay them

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1%. They've told you that. Just use as

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asset to allocate. Okay. Now, for life

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insurance companies issuing lifetime

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income annuities, they're looking at it,

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their tunches are different. They're

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saying 55 to 60, 60 to 65, 65 to 70,

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7075, and they're trying to fill those

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tanches. Think about each one of those

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tunches, a football stadium. Pick your

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school of choice.

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70 to 75. If the stadium's full, the

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lifetime income quote is going to be

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less because they don't need you. If the

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stadium and upper bowl is empty, the

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quotes will be higher to attract you.

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So, they're feeling tanchious. Remember,

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life insurance companies have the big

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buildings for a reason. They know when

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we're going to die.

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Hello. Property and casualty companies

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don't know when the hurricane and the

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tornado is going to hit. You know, one

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of my abodess that my wife lets me live

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in is in Florida, right on the beach.

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And, you know, we don't know when that

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hurricane's going to hit. And we, you

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know, we know that we're just renting

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that. Well, we own it, but we renting

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the house to the ocean. The ocean will

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eventually take it all back. But that's

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the reason in Florida, property and

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casualty companies go left. You mean

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every third year you're changing because

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the one you had's no longer here.

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Life insurance companies are different.

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They know when you're going to die and

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they're just filling those trenches.

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Which leads to the reason that the

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annuity man is the leader in all of this

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because we represent all carriers

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licensed in all 50 states. Why do you do

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that state? Isn't there just one company

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that just brings it? No. Well, no.

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Absolutely not. For lifetime income,

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it's A+ or better. And you don't need a

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sweater. Dr. Dr. C, Dr. V, and Big C

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behind the camera. They make they make

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they make me look pretty. I know what

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you're saying. But but the point is you

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have to think of it life expectancy.

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Now, life, you know, life insurance

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companies want your business because

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they know when you're going to die. and

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they they look at longevity tables and

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mortality risk. I don't want to go down

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that rabbit hole, but that's the pricing

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model. They're looking at everyone your

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age. Some's going to live longer than

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their projected life expectancy. Some's

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going to live shorter. Some's going to

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live right on the money. And that's how

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they price it. There's no ROI until you

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die. But why we we quote all carriers is

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that carriers change their quotes seven

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every seven to 10 days like a gallon of

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milk. Why? Because they're filling

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tanches. So if you say, "What's the best

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lifetime income, son?" Well, it's two

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questions. What do you want the money to

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contractually do? When do you want those

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contractual guarantees to start? From

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that, we're going to narrow you down to

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the product that that delivers that. But

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XYZ company this week might have the

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highest quote, but next week they might

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not. Why? Because they filled the tunch.

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They're commodity products.

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So if anyone says you, well, I've got

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the best one. No, they don't. They have

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the one that if they sell enough of it,

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they're going to Bora Bora with their

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girlfriend, boyfriend, significant

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other, whatever applies. The point is

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there might be an incentive behind that.

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We say A+ or better. don't need a

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sweater. It's because it rhymes. But the

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point is, you don't have to think about

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it. And don't say, "Well, what happens

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when A+ company goes out of business?"

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Hug your loved ones. Crosby steals Nash

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and Young. Love the one you're with.

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Okay. It It's a wrap. Well, they might.

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No, they won't. People, well, how about

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state guarantee funds? A+ or better or

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the state guarantee funds? Who do you

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think puts money in the in the kitty for

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the state guarantee funds? It's the big

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behemoths.

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So, A+ or better, you don't need a

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sweater for lifetime income. No

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exceptions. Don't come here. Well, this

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guy showed me an A. This guy showed me a

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a B++. Stop. Please stop. Please stop.

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Please stop taking the the uh what's

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what's a I don't want to put down a car,

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but don't don't put a Honda on a NASCAR

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circuit. Okay? I'm not talking about a

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souped-up Honda. I'm talking about Honda

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Civic. Okay? Buy quality. So lifetime

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income is a commodity product. Lifetime

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income at the time of this taping is a

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bargain.

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Lifetime income is part of your income

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floor. Lifetime income guarantees with

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annuities coincide with the annuities

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you already own. A pension if you're so

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fortunate. Social Security is an

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annuity. Best best inflation annuity on

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the planet. And then RMD payments are

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structured so you're getting a a payment

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every year from your IRA at that

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specific time. that age. That's kind of

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an annuity payment. Lifetime income is

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driven by life expectancy, not interest

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rates. Lifetime income is driven by life

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expectancy, not interest rates. Lifetime

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income, you quote all carriers for the

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highest contractual guarantee, A+ or

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better. You can do that at my site,

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theanuityman.com.

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You can, as they say in the South, you

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can quote till the cows come home. But

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do me one favor, okay? One favor above

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me, the clock's ticking and you're

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saying, "What's that, Dan? What is

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that?" It's a video I need you to watch.

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Okay? We do a lot of foundational videos

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at the annuity man talking about how the

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process works. You know, if you decided

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to move forward with us, you know, what

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that looks like, all kinds of things.

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All right. So, what do we learn? Is it

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about the Fed? No. Fed at the most is

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about 20% of the pricing. It's life

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expectancy. And I encourage you to go to

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my site and find out what that lifetime

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income guarantee is for your specific

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situation. My name is Stan the annuity

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man. See you next time.