Swallow the Seminar Food, NOT the Annuity Pitch: Shootin' It Straight With Stan
- Author
- The Annuity Man
- Published
- Wed 31 Jan 2024
- Episode Link
- https://theannuityman.libsyn.com/swallow-the-seminar-food-not-the-annuity-pitch-shootin-it-straight-with-stan
In this episode, The Annuity Man discussed:
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Swallowing the food but not the pitch
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Annuities are never one-size-fits-all
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Focusing on contractual guarantees
Key Takeaways:
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If you ever get invited to an annuity “seminar”, then remember to swallow the food but not the pitch. Don’t be swayed by misleading terms and enticing promises. When it comes to annuities, always focus on the contractual guarantees.
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When it comes to annuity companies and products, there is no “best” product and no “best” company that is applicable to everyone and all situations. Annuities are never a one-size-fits-all, you have to get the product that has the most appropriate contractual guarantees for the goal or need you are solving for.
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Don’t be fooled by the expensive steak or bad chicken dinner seminars that pitch hypothetical, theoretical, or backtested numbers. If you want to buy an annuity, ask yourself these two questions: “What do you want the money to contractually do” and “when do you want those contractual guarantees to start?”
"If it sounds too good to be true, it is with annuities every single time without exception." — Stan The Annuity Man.
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