In this episode, The Annuity Man discussed:

• Shopping for annuity products
• Marrying the company for lifetime income
• Avoid "one-size-fits-all" annuity products
• Buy annuities for the guarantees

Key Takeaways:

• Buying annuities is like shopping for a plane ticket. Annuities are commodity products; you shop all carriers for the highest contractual guarantee.
• With lifetime income products, the Annuity company will pay you as long as you breathe. You can also structure the contract in a way where if something happens to you, 100% of your money goes to the beneficiaries.
• Annuities need to be structured differently for different intentions. There's no one-size-fits-all annuity product.
• Always make decisions based on contractual guarantees, not on anything potential, projected, backtested, or theoretical.

"All types of annuities are commodities; you own them for what they will do, not what they might do. Always make your decision on the contractual guarantee." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

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