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Tom Hegna: Talking The Annuity Talk & Walking The Annuity Walk

Author
The Annuity Man
Published
Tue 16 Aug 2022
Episode Link
https://theannuityman.libsyn.com/tom-hegna-talking-the-annuity-talk-walking-the-annuity-walk

In this episode, The Annuity Man and Tom Hegna discuss: 

  • There are no second chances in retirement 
  • Why the bond market is down right now 
  • Annuities should be bought and not sold 
  • Investing wisely into cryptocurrency 

 

Key Takeaways: 

  • When it comes to retirement, there’s no dress rehearsal; there are no second chances. We need to get it right the first time. That’s why you must have at least your basic living expenses covered with a guaranteed lifetime. 
  • Inflation is at 9%, yet we got a 30-year bond under 3%. That could mean that the bond market, the smartest market in the world, sees something really bad on the horizon. 
  • People don’t think about what would happen if they died or if the market stays down; somebody needs to stimulate them. However, it remains true that annuities should be bought and not sold.
  • Put only 1% of your portfolio into cryptocurrency. It won’t hurt a bit if it goes to zero, it won’t hurt a bit, but if it gets huge, it’ll help a lot. 

 

"Retirement is about income; it’s not about assets. As a minimum in retirement, you should cover your basic living expenses with guaranteed lifetime income… " —  Tom Hegna.

 

Connect with Tom Hegna:

Website: https://tomhegna.com/ 

LinkedIn: https://www.linkedin.com/in/tomhegna 

Facebook: https://www.facebook.com/TomHegnaSpeaks/ 

Twitter: https://twitter.com/tomhegnaspeaks 

Pinterest: https://www.pinterest.ph/retirehappynow/ 

YouTube: https://www.youtube.com/c/tomhegna 

 

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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