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Why Not to Buy an Annuity: Top 5 Reasons

Table of Contents

Why Not to Buy an Annuity: Top 5 Reasons

Stan Haithcock

July 29, 2021

Why Not to Buy an Annuity: Top 5 Reasons

Lets Be Honest With Annuities

The five reasons not to buy an annuity. Really? Yeah. Not everybody needs an annuity. Every single video/ article out there has "five reasons to buy an annuity," "five reasons you should own an annuity," "the reason you have to have an annuity." How about the five reasons that you shouldn't have an annuity? How about that?

Are You Too Young?

The first reason not to buy an annuity is if you are too young. So let me define what young is in the annuity world. For a lot of products, they don't even issue them until your age 40. So if you're in your forties and fifties and you're still looking for market growth, then don't buy an annuity. So really, at about age 50, 55 ish, if you're looking to transfer risk and transition to that second part of your life, then we can look at it. But anything before that, stay in the stock market.

Having Sufficient Funds

The second reason not to buy an annuity is if you don't have enough money. And let me define what having enough money is in the annuity world. When you submit the application, the annuity company receiving that will look at your income will look at your investible net worth. So if you're making $20,000 a year and have $80,000 invested, they're not going to approve you for an annuity. So when you talk to me, I'm going to be very honest about how you can qualify, and I’m also going to tell you my opinion on if you don't have enough money and you need to accumulate more.

Tweet This! The first reason not to buy an annuity is if you are too young.

Is It Suitable?

‍The third reason that you should not buy an annuity is if the annuity is not suitable or appropriate. Let me give you a couple of examples. Number one, if you're taking too much money and putting it into an annuity. The biggest thing that I see is people put too much money into an annuity. So that's the first thing that we're going to cover. And the second thing is what you're trying to achieve. Remember my two questions. What do you want the annuity to do contractually? And when do you want those contractual guarantees to start? From those two answers, I can determine if it's appropriate and suitable that we need to look at annuities and maybe run some quotes, or from those two answers, I can tell you that you do not need an annuity.

The five reasons not to buy an annuity. Really? Yeah. Not everybody needs an annuity.

Expectations

The fourth reason you should not buy an annuity is when your expectations are not in line with the contractual realities. Remember, annuities are contracts. You buy them for the contractual guarantees of what they will do®, not what they might do. Now, for a single premium, immediate annuities, deferred income annuities, qualified longevity annuity contracts, and multi-year guarantee annuities, what you see is what you get. Those are contractual guarantee products. We see the expectations, not in line with contractual realities, in that indexed annuity world, where they're talking about market returns and all that stuff. Remember, fixed index annuities are CD products. You’re going to buy a contract so if you want to know what you're buying, ask the agent for a specimen policy. I'll send you one, and any good agent will send you one as well.

PILL Acronym

The fifth reason not to buy an annuity is if you don't need a PILL. Now, what's a PILL in the annuity world? It's an acronym that I came up with that describes if you need an annuity. P stands for principal protection. I stand for income for life. L stands for legacy, and the other L stands for long-term care/confinement care. If you do not need to contractually solve for one or more of those items in the PILL, principal protection, income for life, legacy long-term care, confinement care, then you do not need an annuity.

Never forget to live in reality, not the dream, with annuities and contractual guarantees! You can use our calculators, get all six of my books for free, and most importantly book a call with me so we can discuss what works best for your specific situation.

What Is A Qualified Longevity Annuity Contract (QLAC)?

What Is A Qualified Longevity Annuity Contract (QLAC)?

A qualified longevity annuity contract (QLAC) is a type of annuity contract specifically designed to keep you from outliving your retirement savings. As a deferred annuity, QLACs provide you with a guaranteed stream of income later in life.

Stan The Annuity Man: Happy Birthday To QLACs

Stan The Annuity Man: Happy Birthday To QLACs

With QLACs, SPIAs, and DIAs, there's no annual phase. There's no market attachment; it’s a straight transfer risk. You're saying to the issuing QLAC company, here's the money, and you are on the hook to pay me, or me and my wife, or me and my husband forever as long as one of us is breathing, but you don't get to keep a penny.

Annuity Vs. 401k: Do 401k Plans Offer Annuities?

Annuity Vs. 401k: Do 401k Plans Offer Annuities?

So what are we talking about today? Stan The Annuity Man, America's annuity agent licensed in all 50 states, including yours. We're talking about 401ks and annuities. Which one's better? Does your 401K offer an annuity? Should your 401K offer an annuity? If your 401k doesn't offer an annuity, what do you do? You know what? I'm going to cover all of those topics, all of those questions in detail.

Don’t Be the Sucker at the Annuity Table: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Don’t Be the Sucker at the Annuity Table: Shootin' It Straight With Stan

Today's topic is don't be the sucker at the table. Don't be the sucker at the annuity table. And I keep telling people this, but they keep calling me with these crazy sales pitches they're getting. And in Vegas, at the poker tables, and I always walk by like in Caesars, they have an open area where you can watch the poker being played at numerous tables. And I always look at that, and I always try to spot the sucker at the table.

Stan The Annuity Man: New Realities of Annuity Recommendations

Stan The Annuity Man: New Realities of Annuity Recommendations

"My grandfather always told me, ‘If you tell the truth, you don't have to remember anything.’ That is our business model." — Stan The Annuity Man.

401k Rollover to an Annuity thumbnail

401k Rollover to an Annuity

Today, we're talking about rolling your 401K into an annuity. Should you do that? Could you do that? Why should you do that? Somebody's trying to make you do that.

059: FIA Insider Wears Mask to Protect Identity and Share Industry Secrets

059: FIA Insider Wears Mask to Protect Identity and Share Industry Secrets

I know every week, I'm out here gushing how awesome the celebrity co-host is, but THIS guy is a "can't fricken' believe he agreed to do this" kinda score.

Annuity Fees: What To Expect

Annuity Fees: What To Expect

Hey, Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Today, we're going to talk about annuity fees. Who else in the world is going to speak about annuity fees but me, Stan The Annuity Man.

Keep Your Powder Dry Annuity Income Planning: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Keep Your Powder Dry Annuity Income Planning: Shootin' It Straight With Stan

Today's topic is a very good one, as usual. It's called Keep Your Powder Dry Annuity Income Planning. One of the biggest fallacies in the annuity land is people getting different information on the internet or from their advisors who know nothing about annuities.

Should I Take a Pension Lump Sum or Annuity?

Should I Take a Pension Lump Sum or Annuity?

Should you take a pension lump sum or an annuity? I'm assuming that you've been offered that. You have reached the finish line, you're going to retire, and you need to decide which is best and if an annuity outside, like on the street, is better for you and what probably most agents are telling you to do.

How Annuities Can Help Achieve Your Retirement Goals

How Annuities Can Help Achieve Your Retirement Goals

Today's topic is a good one. That's the reason you clicked it, right? How annuities can help you achieve your retirement goals. Easy for me to say. Now, for all you haters who clicked it and said, "That's not happening with me, man. That's not going to happen." It's already happening, player.

Deferred Income Annuity Definition

Deferred Income Annuity Definition

Today, we are discussing Deferred Income Annuities. What's the definition of a Deferred Income Annuity? Some people call them longevity annuities because they solve for longevity risk. What longevity risk really means is not outliving your money, and that's what a Deferred Income Annuity does.

There’s NO Annuity Sweet Spot to Purchase: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

There’s NO Annuity Sweet Spot to Purchase: Shootin' It Straight With Stan

Today's topic is a very, very important one, not only for the consumer but also for the annuity industry. The topic is: there is no sweet spot for annuity purchases. There's no perfect time to buy one.

What Is the Best Annuity for Me?

What Is the Best Annuity for Me?

You ask a good question: What's the best annuity for me? You know what? The answer could be none. We're going to go through all annuity types and answer a bunch of questions, and at the end, you're going to make a good decision on whether an annuity fits you or not.

Annuity Income Rider Roll-up Rates Are Not Yield

Annuity Income Rider Roll-up Rates Are Not Yield

Today's topic is a good one and important because people make mistakes when they purchase annuities. They believe something that's true, that's being told to them, that's really not. Annuity agents or advisors are either not detailed enough, don't really know, or play semantics, word games, when they talk about Income Riders.

Transfer Your Risk to Annuity Contractual Guarantees: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Transfer Your Risk to Annuity Contractual Guarantees: Shootin' It Straight With Stan

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Guaranteed Future Income Annuity: 4 Strategies to Know

Guaranteed Future Income Annuity: 4 Strategies to Know

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What Is the Purpose of Reverse Engineering Annuity Quotes?

What Is the Purpose of Reverse Engineering Annuity Quotes?

Today's topic is a good one. What is the purpose of reverse engineering annuity quotes? He's saying, "Reverse engineers. Stan, you don't look like an engineer. You don't act like one." I'm not an engineer. My wife said the other day at the Hoover Dam, "One of the worst jobs ever for you would be an engineer."

How to Talk Annuities With a Spouse

How to Talk Annuities With a Spouse

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You Already Own At Least 2 Annuities: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

You Already Own At Least 2 Annuities: Shootin' It Straight With Stan

Welcome to Shootin' It Straight With Stan. I am your host Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Today's topic is a good one that might shock you and the public. And when I'm talking to you, you already own at least two annuities. It's true.

How Early Should I Buy Annuities?

How Early Should I Buy Annuities?

What we're going to talk about today is a call I get a lot from people who are too young to buy an annuity or who might be really old and not need an annuity. But we're going to talk about age. Is it too early to buy? How do you determine that? Can you time it?

MYGA Ladder Cash Out Strategy

MYGA Ladder Cash Out Strategy

Hi there. Stan The Annuity Man, America's annuity agent licensed in all 50 states. I am so glad you joined me today because this topic originated from a client, and when he first explained it to me, I was like, I did a Scooby-Doo. I'm like, "Roo, roo."

What Is the Primary Reason for Buying an Annuity?

What Is the Primary Reason for Buying an Annuity?

What is the most common use of an annuity? Well, to answer that question properly, as Stan The Annuity Man, I have to do a little bit of a history lesson. Annuities were put on the planet in Roman times as a pension-type gift for the dutiful Roman soldiers and their families.

Get Your Annuity Income Ducks in a Row: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Get Your Annuity Income Ducks in a Row: Shootin' It Straight With Stan

Chapter two of your life or retirement, whatever that means to you, is when you just need money hitting the bank account to go live your life. You can go however long that's going to be. Chapter two is going to be about you. It's going to be about lifestyle; it's going to be about reclaiming your health.

What Is a Guaranteed Lifetime Income Annuity?

What Is a Guaranteed Lifetime Income Annuity?

A guaranteed lifetime income annuity comes in many forms. It can be an Immediate Annuity, a Qualified Longevity Annuity Contract, a Deferred Income Annuity, or Income Riders. You can even peel off interest from Multi-Year Guarantee Annuities. We're going to cover all of that today.

How Do Annuities Solve for Inflation?

How Do Annuities Solve for Inflation?

Hi there. Stan The Annuity Man, America's annuity agent licensed in all 50 states. I am so glad you joined me today because today's topic is key. A lot of people ask me this, "Stan The Annuity Man, how do annuities help solve for inflation?"

What Happens When an Annuity Owner Dies Before Annuitization?

What Happens When an Annuity Owner Dies Before Annuitization?

So, what happens when an annuity owner dies before annuitization? It's a sad thought. Hi, I'm Stan the Annuity Man. Typically I'm bouncing off the walls, I'm happy, but we're talking about death, so I'm just going to bring it down a little bit.

What Happens at the End of a MYGA Term?

What Happens at the End of a MYGA Term?

Hi, my name is Stan The Annuity Man, America's annuity agent licensed in all 50 states. That's yours as well. Yes, I do sell annuities when they're appropriate and suitable, and I do encourage you to go to my site and get all of my books.

How Much Do You Really Need to Retire?

How Much Do You Really Need to Retire?

Today's topic is how much do you need to retire? In this case, we're talking about money, but I will cover other things because that's what I do. I can free form this, but how much money do you need to retire? I'm going to tell you how to do that. It's very simple.

How I Really Feel About Variable Annuities

How I Really Feel About Variable Annuities

We're talking about how I feel about Variable Annuities, which comes down to one thing. The Will do. What does that mean, Stan The Annuity Man? It means you own an annuity for what it will do, not what it might do.

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

Shootin’ It Straight with Stan®

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

Today's topic is Annuity Decisions Should Be Simple and Contractual. They have to be both. They can't be one or the other. They got to be both. And let me explain that to you.

How I Really Feel About Indexed Annuities

How I Really Feel About Indexed Annuities

Index Annuities are contracts; we will go over the details of Index Annuities. You're going to hear about how I really feel about Index Annuities. That is guaranteed. The other thing guaranteed is that I will tell you the brutal truth about what they are.

Annuities vs Market Volatility

Annuities vs Market Volatility

Hi there, Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Boy, today's topic is a good one. My director and all the smart people in the room were like, "Stan, don't yell. Please don't yell for this topic."

How Much Do You Need to Start an Annuity?

How Much Do You Need to Start an Annuity?

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Annuities Will Do What You Contractually Need: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuities Will Do What You Contractually Need: Shootin' It Straight With Stan

Today's topic is a very good one and one that I want to stick in the back of your head, your cerebellum, whatever that is. I want it to be what they say in the music industry, an earworm, meaning it's just stuck in there.

Annuity Examples: Annuity Income Flooring

Annuity Examples: Annuity Income Flooring

Hi there, Stan The Annuity Man, America's annuity agent licensed in all 50 states. I'm glad that you joined me today. We're talking about annuity examples and annuity income flooring.

5 Reasons to Own a QLAC

5 Reasons to Own a QLAC

Today's topic is the five reasons you should consider purchasing a QLAC, Qualified Longevity Annuity Contract, and we will talk about that right now.

State Law: Is There a Free Look Period for Annuities?

State Law: Is There a Free Look Period for Annuities?

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Don’t Buy Annuity Hypothetical Annuity Returns: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Don’t Buy Annuity Hypothetical Annuity Returns: Shootin' It Straight With Stan

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Lifetime Income Annuity: Single Or Joint Life

Lifetime Income Annuity: Single Or Joint Life

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The Truth About Hybrid Annuities

The Truth About Hybrid Annuities

I'm so glad to be here today to talk about a topic that, when you saw it, you clicked it so hard, you might've broken the mouse or your touchpad or however you're doing it. You said, "Hybrid annuities? The truth about hybrid annuities? I've heard about hybrid annuities.

Every American Already Owns an Annuity

Every American Already Owns an Annuity

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Annuities Can Have Flexible Income Start Dates: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuities Can Have Flexible Income Start Dates: Shootin' It Straight With Stan

Today's topic is: Annuities Can Have Flexible Income Start Dates. A lot of people out there, when they talk about annuities, they think there's only one. "I won't buy an annuity because the annuity company keeps money when I die." That's one of 40 ways to structure it.

Are Annuities Safe?

Are Annuities Safe?

We're here to talk about annuities. Are they safe? I get the calls all the time. "I don't know if annuities are safe or not. Should I put money there?" Let's talk about that.

Unlocking Annuity Guarantees for a Worry-Free Retirement

Unlocking Annuity Guarantees for a Worry-Free Retirement

Today's topic is unlocking annuity guarantees for a worry-free retirement. We all want a worry-free retirement. In my opinion, the way to get a worry-free retirement is to have a lifetime income and enough money to live on without worry. That's what annuities can do for you.

How The Economy Affects Annuity Rates

How The Economy Affects Annuity Rates

The question is, how does the economy affect annuity rates? That's a basic question with a very detailed answer because annuities are not all the same. I know that "I hate all annuities" ads are out there.

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Shootin’ It Straight with Stan®

Belt & Suspenders Annuity Strategies: Shootin' It Straight With Stan

Today's topic is a great one, coming from the deep south of where I grew up in Charlotte, North Cackalacky. North Carolina, actually, the town, seriously, and I'm not kidding, look it up, it's called Stanley, North Carolina, just like it sounds.

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What Does It Mean When You Annuitize an Annuity?

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Does the 4 Percent Rule for Retirement Income Still Work?

Does the 4 Percent Rule for Retirement Income Still Work?

Does the 4% rule still work for retirement income planning? We're going to talk about the 4% rule. We're going to talk about very smart people who have factually and academically destroyed it. And I can do that because I used to be on that side of the table.

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Annuity Income: How To Set Up Your Payments

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Exchange Your Income Rider for a SPIA: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Exchange Your Income Rider for a SPIA: Shootin' It Straight With Stan

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Annuity Death Benefits: Are They Taxable?

Annuity Death Benefits: Are They Taxable?

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Lock and Load Annuity Income Guarantees

Lock and Load Annuity Income Guarantees

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Why Democrats Love Annuities

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Shootin’ It Straight with Stan®

Swallow the Seminar Food, Not the Annuity Pitch: Shootin’ It Straight With Stan

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Why Republicans Love Annuities

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How Annuities Address Social Security and Inflation

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Increase Your Annuity Income Floor as You Age: Shootin’ It Straight With Stan

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What Happens to an Annuity if the Stock Market Crashes?

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Annuity Income: Return OF or ON Your Money?: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Income: Return OF or ON Your Money?: Shootin' It Straight With Stan

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Best Pension Annuity Deals

Best Pension Annuity Deals

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Roth IRA Annuity: Are the Payments Taxed?

Roth IRA Annuity: Are the Payments Taxed?

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What Is a Deferred Income Annuity?

What Is a Deferred Income Annuity?

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The 2 Questions That Make Annuities Simple: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

The 2 Questions That Make Annuities Simple: Shootin' It Straight With Stan

Today's topic is what are the two questions that make annuities simple? See, I am Mr. Simplistic out here. Don't ask my wife. She'll probably agree with you on other terms, on other reasons for that, but annuities are simple. They should be simple. They're transfer of risk contracts that primarily solve for four things.

Retirement Income Strategies: How Annuities Fit

Retirement Income Strategies: How Annuities Fit

Let's discuss why you're here, which is retirement income planning, and if annuities fit and how they fit. Should they fit? Would they fit? Might they fit? Are they fit? Let's find out.

How to Buy an Annuity: Mortality Credits

How to Buy an Annuity: Mortality Credits

Hi there, Stan The Annuity Man, America's Annuity Agent licensed in all 50 states. I am glad you joined me about how to buy an annuity, looking at mortality credits, and why that is so, so important. Mortality credits. Let's talk about it.

Inherited Annuity: What Are Your Options?

Inherited Annuity: What Are Your Options?

What we're talking about today is a pretty interesting subject because many people are getting older. We're living longer. 10,000 baby boomers every single day are reaching retirement age, and a lot of people are calling me because they've inherited an annuity. So, what do you do? What are your options?

Annuities Are for Do-It-Yourselfers: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuities Are for Do-It-Yourselfers: Shootin' It Straight With Stan

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Annuity Transfer: How Can I Transfer My Annuity?

Annuity Transfer: How Can I Transfer My Annuity?

Today we're talking about annuity transfers. Should you transfer your annuity? Can you transfer your annuity? "This person's trying to tell me to transfer my annuity." Can I transfer my annuity? How does my transfer work? All good questions asked by you of which will be answered by me.

Does an Annuity Count as Income?

Does an Annuity Count as Income?

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states. I'm so glad you joined me today. Many times, when people read these blogs, they're so enamored, and they're like, "Wow. That's really informative, yet not salesy." You're right about that. That's a good point.

What Happens to an Annuity When You Die?

What Happens to an Annuity When You Die?

What happens to an annuity when you die? First of all, you're dead, who cares? But that's not a good answer, I don't think. We're talking about annuities and death; that's a tough combo. So, what happens to an annuity when you die? It depends on the type of annuity. It depends on how you structure that annuity.

Lovingly Handcuffing Your Beneficiaries with Annuities: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Lovingly Handcuffing Your Beneficiaries with Annuities: Shootin' It Straight With Stan

Today's topic is a good one. It's a personal one, and I can share some stories. It's called lovingly handcuffing your beneficiaries with annuity guarantees. You might be saying, "Wait a minute, handcuffing? That doesn't sound lovingly." It does when it comes to finances.

Is There an Age Restriction to Buy an Annuity?

Is There an Age Restriction to Buy an Annuity?

Is there an age restriction to buy an annuity? Can you be too old, or can you be too young? Or does it matter? Is it just a free-for-all? Will they sell it to anybody? And "they" meaning the annuity industry. No. There are some age restrictions out there, and I'm going to cover them to ensure you're just not buying things.

Single Premium Immediate Annuity Death Benefit (SPIA)

Single Premium Immediate Annuity Death Benefit (SPIA)

Today's topic is Single Premium Immediate Annuity death benefits, the death benefits of an Immediate Annuity. I read something the other day, and it was from a brilliant person. It said, "Well, you need to be careful when buying an Immediate Annuity because when you die, the money goes poof, the money goes away." I'm thinking, "Oh my gosh, this person's educated, and they have a syndicated show, and they're writing that?

Independent Retirement Annuity: Your Pension Plan

Independent Retirement Annuity: Your Pension Plan

Let's talk about independent retirement annuity, developing your retirement pension plan, and your personal pension plan. Slow down. Slow down and listen. Slow down in life. Slow down and look. Slow down and live. Slow down and enjoy. Slow down and love. Slow down and learn.

Annuity Light Switch Income Guarantees: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Light Switch Income Guarantees: Shootin' It Straight With Stan

Today's topic is annuity light switch, lifetime income guarantees. I want you to envision a light switch. You just shut it on and off, right? When you need light, you shut it on. When you need it to be dark, you shut it off. There are annuity types out there that allow you to shut things on and off and shut income on and off.

How Much Does a $100K Annuity Pay per Month?

How Much Does a $100K Annuity Pay per Month?

Today's topic is the general question that everybody asks me because they think all annuities are one type, all work the same, and they're all priced the same. So, the question is, how much does a $100,000 annuity pay? I need more information from you there, Chester.

How Annuities Address Social Security and Inflation

How Annuities Address Social Security and Inflation

Hi there. Stan The Annuity Man, America's annuity agent licensed in all 50 states, talking about one word and one word only today, inflation. Let's talk about inflation. Let's talk about how annuities and Social Security can address inflation.

How Much Commission Do Annuity Agents Make?

How Much Commission Do Annuity Agents Make?

This could be the best question of all time. And the burning question that everyone wants to know is how much commissions do annuity agents make? I mean, you guys must be making a killing, right? No. It depends on what annuity you're selling and what annuity type, and we're going to get to all of that.

Planning Lifetime Income for Your Spouse: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Planning Lifetime Income for Your Spouse: Shootin' It Straight With Stan

Today's topic is planning lifetime income for your spouse. This is a big one, so planning lifetime income, using annuities, and doing that for your spouse. Now, the lovely Christine, you've heard of her before. She's been married to The Annuity Man for over 35 years. She met me in college, was enamored with me if you can only imagine that, and she has put up with me and my shenanigans.

Financial Advice for Seniors About Annuities

Financial Advice for Seniors About Annuities

What we're talking about today is very important. It's talking to your parents about annuities and financial advice for seniors, and it's kind of involving that hard conversation as they cognitively start losing it a little bit. It's not good.

Is It Possible to Time an Annuity Purchase?

Is It Possible to Time an Annuity Purchase?

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states. The question that everyone has been asking me is, is it possible to time the purchase of an annuity? Is there a sweet spot? Is there an arbitrage moment where it's the perfect time to buy an annuity of any type?

Who Sells Hybrid Annuities?

Who Sells Hybrid Annuities?

The question is, who sells hybrid annuities? Let me rephrase that. Who sells Indexed Annuities? The word hybrid is overused in the industry to sell Indexed Annuities because they're Indexed Annuities. I don't know why they're creating another word. Oh, by the way, I'm Stan The Annuity Man, if you hadn't caught that, America's annuity agent.

MYGA-2-SPIA for Full-Control Annuity Income: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

MYGA-2-SPIA for Full-Control Annuity Income: Shootin' It Straight With Stan

Welcome to Shootin' It Straight With Stan. I am your host Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Today's topic is something that I have created that is good and that the public loves, and I need to tell you about it. Once again, it's called MYGA to SPIA for full control, lifetime income, MYGA to SPIA. Let's break that down.

Moshe Milevsky: Learning from History with Annuities

Moshe Milevsky: Learning from History with Annuities

When you have a product that is meant to help people that are eventually going to cognitively decline, there's a higher burden of care there because you got to make sure that they understand what they're buying and they continue to understand what they're buying.

Annuity Calculator Secrets and Tips

Annuity Calculator Secrets and Tips

Today's topic is a very good one. It's about annuity calculators and secrets and tips. Secrets and tips from Stan The Annuity Man of all people. We're going to go over all the calculators, all the ones that we offer on our site, and I'm going to give you my secrets and my tips.

Why People HATE Stan The Annuity Man

Why People HATE Stan The Annuity Man

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states, top independent agent in the country. I'm so glad you're here. The topic today is a great one. Why people hate Stan The Annuity Man.

The Older You Are, the Higher the Annuity Payment: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

The Older You Are, the Higher the Annuity Payment: Shootin' It Straight With Stan

Welcome to Shootin' It Straight With Stan. I am your host Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Today's topic is a good one, and it's a no-brainer, but one that I keep repeating, so I'm going to hammer it factually as only Stan The Annuity Man can do. It's the older you are, the higher the annuity payment.

Who Pays Annuity Commissions?

Who Pays Annuity Commissions?

Hey, Stan The Annuity Man here, America's annuity agent, with one of the great questions of all time when it comes to annuities. Who pays annuity commissions? I mean, you're talking about some games being played with this answer out there. I get people calling me all the time and telling me what they've been told about when the question is asked, who pays annuity commissions?

Retirement Withdrawal Strategy: Income Riders

Retirement Withdrawal Strategy: Income Riders

We're talking about retirement withdrawal strategies using Income Riders. We'll talk about how Income Riders work, where they're attached to, what products use Income Riders, what you should know, good and bad, about Income Riders, the limitations, and the benefits.

Life With Installment Refund Annuity Option

Life With Installment Refund Annuity Option

We're here to discuss the Single Premium Immediate Annuity structure, single life with installment refund. What the heck does that mean, Stan The Annuity Man? Well, I'm here to tell you, and I'm going to tell you, but I'm also going to talk about not only single life with installment refund but how it compares to all of the other structuring choices.

Annuities Are Contractual Commodities: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuities Are Contractual Commodities: Shootin' It Straight With Stan

I am so glad you joined me on this topic: Annuities Are Contractual Commodities. This might make many industry people mad, but they know I'm right. Let me explain what I'm talking about. We all know what commodities are: wheat, corn, oil, etc. So, when I say the word commodity, I'm not saying that they will deliver nine tons of corn to your front door if you don't close out the contract right.

401(k) Annuity: How Does It Work?

401(k) Annuity: How Does It Work?

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states. That's including yours. Today, we're talking about 401K annuities. Annuities inside of 401Ks, 401Ks going to an annuity. That's what we'll talk about, but let's digress a tad.

What Percentage of Your Portfolio Should Be in Annuities?

What Percentage of Your Portfolio Should Be in Annuities?

Let's talk about what you're interested in, which is what percentage of your portfolio should be in annuities? Really good question. No perfect answers. And if anyone's given you a percentage, they have no clue what they're talking about. Now that's the short answer.

Annuity Contractual Guarantees Are NOT Complicated: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Contractual Guarantees Are NOT Complicated: Shootin' It Straight With Stan

Today's topic is Annuity Contractual Guarantees Are Not Complicated. I know what you're saying, "Yeah, that's probably true, Stan." Well, then, why is everyone getting complicated sales pitches from agents and advisors about annuities?

Deferred Income Annuity Quotes

Deferred Income Annuity Quotes

You wanted to know about Deferred Income Annuity quotes, also called Longevity Annuities. The paparazzi and the journalists in the financial world love to call them Longevity Annuities because they solve for longevity and they solve for you, not outliving your money. So, in the short answer to your question about getting the quotes, use our Annuity Calculators to get your quote.

5 Dumbest Annuity Questions According to The Annuity Man Part 2

5 Dumbest Annuity Questions According to The Annuity Man Part 2

Hi there, Stan The Annuity Man, America's Annuity Agent, licensed in all 50 states. I'm following up on what I was trying to finish the last time, which is the 10 dumbest annuity questions on the planet that have been asked to Stan The Annuity Man, the official scorekeeper of the annuity industry because I'm America's Annuity Agent.