In this episode, The Annuity Man discussed:
Looking for the sucker
Too good to be true
No perfect annuity
Key Takeaways:
There’s a saying in Vegas that if you don’t know who the sucker at the table is, then it’s you. The same goes for annuity pitches. You have to be on your guard and be aware of what a person’s intention is when presenting a product.
Don’t believe sales pitches that are too good to be true. Annuity companies aren’t giving out free money with upfront bonuses. Always remember that backtested numbers don’t mean anything.
If someone tells you that they’ve looked at all the annuities and decided that the particular one they’re saying is the best, then know that they’re either lazy, dumb, full of crap, or may want to go on a trip with their partner on the weekend from the commission they’ll get from selling you a product you don’t need.
"Stop looking for the perfect annuity product. It doesn't exist." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: [email protected]
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YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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