1. EachPod

Transfer Your Risk to Annuity Contractual Guarantees: Shootin' It Straight With Stan

Author
The Annuity Man
Published
Wed 10 Apr 2024
Episode Link
https://theannuityman.libsyn.com/transfer-your-risk-to-annuity-contractual-guarantees-shootin-it-straight-with-stan

In this episode, The Annuity Man discussed: 

  • What annuities solve for 

  • Transfer of risk 

  • The three phases of retirement 

 

Key Takeaways: 

  • Annuities solve for PILL: Principal protection, Income for life, Legacy, and Long-term care. There’s no G for growth, or R for Returns. If you want growth and returns, do not buy an annuity of any type. 

  • Annuities are bought for transferring risk. When you buy an annuity contract for lifetime income, the company will be on the hook to pay as long as you’re breathing. 

  • There are three phases of retirement: go-go, slow-go, and no-go. If you get to slow-go and no-go, you're going to need a long-term care confinement care type of transfer risk cover.

 

 

"If you're not going into the annuity contract to transfer risk. Don't buy it." —  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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