In this episode, The Annuity Man discussed:

• Focusing on contractual guarantees

• What annuities solve for

• Common annuity pitch traps

Key Takeaways:

• Avoid non-guaranteed hypotheticals and focus on contractual guarantees when considering annuities.

• Buy annuities for specific needs like principal protection, income, long-term care, or legacy, not for market returns.

• Be wary of urgency sales pitches, steak dinner seminars, advisors behaving like friends, backdated performance illustrations, promised market participation with no downside, upfront bonuses, and showing other clients' accounts as proof of returns.

"Do not fall for market upside but no downside. Do not fall for market participation with principal protection. All those yummy sales pitches that look like they should go on a t-shirt. Do not fall for that. Do not fall for the upfront bonus." — 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

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