In this episode, The Annuity Man discussed:

• Addiction to the market
• Reflecting on what you really want
• How would you like your retirement to look like
• When you don't need an annuity

Key Takeaways:

• It is possible to get addicted to the market, and when you're at that point, you'll need to give yourself an intervention. At some point, you're going to have to stop.
• Be honest, do you want to subject yourself to the daily ups and downs of politics and the markets, tracking it, hoping it goes well, hoping that you'll get a bump? That would wear anyone out.
• What do you want your second chapter to look like? Do you want to be at peace with the lifestyle that you want, or do you want to be chasing the market constantly?
• Never buy an annuity under the premise that it has market growth and principal protection. It does not.

"Contractual guarantees - make sense to me. Most people that have accumulated wealth have done it in a slow, methodical way." — Stan The Annuity Man

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