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Annuity Decisions Should Be Simple & Contractual: Shootin' It Straight With Stan

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Manage episode 406216099 series 2798004
Indhold leveret af The Annuity Man. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Annuity Man eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, The Annuity Man discussed:

  • Buying contractual guarantees

  • Keeping it simple with annuities

  • Annuities that adjust for inflation

Key Takeaways:

  • Buy annuities only for their contractual guarantees. Don’t buy an annuity for hypothetical, theoretical, back-tested returns. Don’t buy an annuity for the upfront bonus. Buy an annuity for what it will do, not what it might do.

  • Annuities are supposed to be simple. You should understand your annuity contract enough to be able to explain it to a nine-year-old.

  • Annuity companies don't give away Cost of Living Adjustments or potential index increases, and instead severely lower the initial payment compared to the same annuity without those potential increases.

"Annuity decisions should be simple and contractual, they have to be both. They can’t be one or the other." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: Stan@TheAnnuityMan.com

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!

  continue reading

288 episoder

Artwork
iconDel
 
Manage episode 406216099 series 2798004
Indhold leveret af The Annuity Man. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Annuity Man eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, The Annuity Man discussed:

  • Buying contractual guarantees

  • Keeping it simple with annuities

  • Annuities that adjust for inflation

Key Takeaways:

  • Buy annuities only for their contractual guarantees. Don’t buy an annuity for hypothetical, theoretical, back-tested returns. Don’t buy an annuity for the upfront bonus. Buy an annuity for what it will do, not what it might do.

  • Annuities are supposed to be simple. You should understand your annuity contract enough to be able to explain it to a nine-year-old.

  • Annuity companies don't give away Cost of Living Adjustments or potential index increases, and instead severely lower the initial payment compared to the same annuity without those potential increases.

"Annuity decisions should be simple and contractual, they have to be both. They can’t be one or the other." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: Stan@TheAnnuityMan.com

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!

  continue reading

288 episoder

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