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Transfer Your Risk to Annuity Contractual Guarantees: Shootin' It Straight With Stan
Manage episode 411697344 series 2798004
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: 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!
282 episodes
Manage episode 411697344 series 2798004
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: 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!
282 episodes
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