008: How do I choose the right annuity type?
- Author
- The Annuity Man
- Published
- Tue 15 Oct 2019
- Episode Link
- http://TheAnnuityMan.com
In this episode, The Annuity Man discusses:
- The only 2 questions you need to answer to find out what type works for your specific situation
- How to use the acronym P.I.L.L. to see what annuities contractually solve for
- How each type of annuity works
- All annuity types are commodities, and all carriers should be quoted
Key Takeaways:
- Saying you “hate all annuities” is like saying you “hate all restaurants”
- P.I.L.L. stands for Principal Protection, Income For Life, Legacy, Long Term Care
- Own annuities for what they “Will Do.”, not what they “might do”
- All annuity types are contracts and should be owned for their contractual guarantees
"Annuities were put on the planet primarily for lifetime income guarantees." — The Annuity Man
Connect with The Annuity Man:
Website: TheAnnuityMan.com
Email: [email protected]
Book: AnnuityMan Owner’s Manuals
YouTube: Stan The Annuity Man
