075: John Lenz: The Annuity Mechanic says Live, Die...or Quit
“Fun With Annuities” The Annuity Man Podcast
English - September 21, 2021 07:00 - 53 minutes - 73.8 MB - ★★★★★ - 41 ratingsInvesting Business Education Courses advisor financial retirement annuities annuity income planning stantheannuityman Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 074: Kerry Pechter: Bermuda Triangle Retirement Zone
Next Episode: 076: Mr. FIA-X: Letters, Numbers, and BS Bonuses
In this episode, The Annuity Man and John Lenz discuss:
How people reacted to the new payroll tax rule for LTC in Washington state. Live, die, quit - find out what that means Making mathematical decisions for your retirement
Key Takeaways:
Live, die, quit. If you live, and you need long term care services, you’ll benefit. If you die, your family will benefit. If you quit, you’ll get your money back or some multiple or percentage of it depending on your plan. The benefit from where you’re coming from to where you’re going to - “the going to” has to be better mathematically.
"Can an annuity work in this situation?.. Yes… you can basically establish your own reserve. Instead of paying a tax every year, you can write a check to the insurance company, create a long-term care annuity" — John Lenz
Connect with John Lenz:
Website: https://www.lenzfinancial.com/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: [email protected]
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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