In this episode, The Annuity Man discussed: 

Shopping for annuity products Marrying the company for lifetime income  Avoid “one-size-fits-all” annuity products Buy annuities for the guarantees 

 

Key Takeaways: 

Buying annuities is like shopping for a plane ticket.  Annuities are commodity products; you shop all carriers for the highest contractual guarantee. With lifetime income products, the Annuity company will pay you as long as you breathe. You can also structure the contract in a way where if something happens to you, 100% of your money goes to the beneficiaries.  Annuities need to be structured differently for different intentions. There’s no one-size-fits-all annuity product.  Always make decisions based on contractual guarantees, not on anything potential, projected, backtested, or theoretical.

 

"All types of annuities are commodities; you own them for what they will do, not what they might do. Always make your decision on the contractual guarantee." —  Stan The Annuity Man.

 

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 

Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!