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Would More Money Really Change Your Life?: Shootin' It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
English - November 30, 2022 08:00 - 11 minutes - 7.58 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: Volatile or Contractual?: Shootin' It Straight With Stan
Next Episode: Mr. FIA-X: The Truth About Fixed Index Annuity Returns
In this episode, The Annuity Man discussed:
Think again, would more money change your life? Peeling off the interest Are you really affected by inflation? Live your life now
Key Takeaways:
Why do you still keep money in the markets when you’ve won the game? Think about it, would more money really change your life? If the answer is no, then why are you putting your money at risk? Treasuries, CDs, Fixed-Rate Annuities, and MYGAs are at a level where you can just peel off the interest, never touch the principal and never pay any fees. 60% of adults have less than $400 to their name. Those people are the ones really affected by inflation, not millionaires like you. If you need more money, go get it. But for those who don’t need it, why are you still trying to chase more? You don’t need to put your resources into volatility, what you need to do is to live your life now.
"Why are you putting all or a portion of your hopes and dreams in potential returns? Keyword: ‘potential.’ The only potential in your life should be the potential for you to live your life on your own terms because you've earned it. The potential is doing things for you." — Stan The Annuity Man
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