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Annuities Will Do What You Contractually Need: Shootin' It Straight With Stan

Author
The Annuity Man
Published
Wed 06 Mar 2024
Episode Link
https://theannuityman.libsyn.com/annuities-will-do-what-you-contractually-need-shootin-it-straight-with-stan

In this episode, The Annuity Man discussed: 

  • Don’t buy the dream 

  • Backtested numbers are not guaranteed

  • What an annuity is for 

 

Key Takeaways: 

  • Do not buy hypotheticals, dream sales pitches, or back-tested returns. Do not buy the annuity dream because you're going to own the contractual reality. 

  • There’s no such thing as a “guaranteed and back-tested” return. To say that it’s back-tested means that there are no guarantees. Buy an annuity for what it will do, not what it might do. 

  • If you want market returns, don’t buy an annuity of any type. Don’t buy a packaged product or anything that limits the upside. Buy an annuity only for Principal protection, Income for life, Legacy, and Long-term care. 

 

"I don't like the word hypothetical. I like the word guaranteed. You need to like the word guaranteed. You need to shun anything hypothetical. Walk away from the unicorns-chasing-the-butterfly sales pitch.  You can’t lock in a hypothetical, but you can lock in a 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! 

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