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Today's topic is how does a Single Premium Immediate Annuity work. Some call it SPIA, S-P-I-A, or Single Premium Immediate Annuity. After this blog, you'll be able to decide whether a Single Premium Immediate Annuity fits or doesn't.

Don't we hate rich people? Are you rich? I mean, are you the evil rich? I think we all are kind of when they start collecting taxes. So, the question is, do rich people buy annuities? Yes, some do, and some don't. It comes down to if they want to transfer risk. Now, the reason a lot of rich people are rich is because they're smart. Smart people like to transfer risk, and annuities are contracts that allow you to transfer risk.

Can you buy an annuity at any age? That's the burning question. The answer is yes, but the real question is why? Should you buy one just because you can buy one at any age? If you're 90 years old, why do you need an annuity? Why do you need to transfer risk? You've already beaten it. Or if you're two years old, why do you need one? So, the answer is, yes, you can.

The best question I've heard in a millennium is, "Are annuities safe for retirement?" And you might be one of those 10,000 baby boomers retiring daily. That's an actual stat, and that's crazy. Now, the reason that's important when you talk about annuities is most people have had it with the stock market. If that's not you, then great, trade your brains away.

How much money do you need for an annuity? That's the question, really? That assumes that you need an annuity. Don't assume. You might not need an annuity. I know Stan The Annuity Man, the number one agent in the country, who sells more annuities than anybody on the planet, and I'm telling you you might not need one. That's right, and they're not for everybody.

Hey, internet land. Stan The Annuity Man here, America's annuity agent, licensed in all 50 states. I sell a ton of annuities, but I'm an educator, which is why you're here. You asked the question about the annuity free look period. I'm going to quickly answer it, which is, it depends on your state, but it's typically anywhere from 10 to 30 days.

Today's topic is what is the purpose of an annuity. Why do you even need one? What do they solve for? We're going to go through that with all types, so you can understand if it even makes sense for you to own an annuity, and if it does, which one fits your situation best.

Today's topic and question is, what are surrender charges in annuities? Not all annuities have surrender charges, but the ones that do, and we'll talk about both. Still, for the ones that do, it is a way for the annuity company to make back their money that they've paid out in commissions, administrative fees, and business expenses if you pivot during the contract and try to get all your money back. It's similar to a CD. CDs have surrendered charges, and some mutual funds have surrender charges.

Hi there. Stan The Annuity Man, America's annuity agent licensed in all 50 states. Today we're talking about how to buy annuities as a gift and about being more than just money. It can't all be about money, can it? No, it cannot. Money cannot buy you happiness. That's just wisdom, is what that is. Now, we're going to talk about some gift guides and some giving ideas using annuities.

Today we're talking about how to buy an annuity. You need to bring your spouse to the call. You need to get them on the call with you when you talk to Stan The Annuity Man, because I'm betting they'll live longer than you. This could be true, and you want them to understand what you're thinking about regarding annuities. So, bring your spouse to the call y'all!

Today we're going to talk about how people sell annuities for fear and greed. Most of the time, this revolves around Fixed Index Annuities. I have nothing against Fixed Index Annuities, but this is the fear and greed sell that you hear most often. Let's go through the other annuity types. Single Premium Immediate Annuities, Deferred Income Annuities, and Qualified Longevity Annuity Contracts are very simplistic, transfer risk pension products, lifetime income products with no moving parts and no annual fees, and no market detachments.

Man, we're going to have fun today. We're going to make an annuity comparison looking at Income Riders versus Deferred Income Annuities. The acronym is DIA. Let's talk about the difference between the two and the similarities. This falls under the category of, what? Retirement income insurance, lifetime income insurance, income insurance, whatever you want to call it. Car insurance, fire insurance, home insurance, health insurance, dental insurance, and income insurance. That's what these are.

Today's topic is about you, about the questions people have asked through comments on my YouTube channel. If you have put any questions on my YouTube videos, guess what? I answer them. Yes, I actually read them. I have no life. I've been married for 33 years. I have two grown daughters. I have no life. This is what I do. I'm Stan, The Annuity Man.

Retirement income, let's talk about that and the three tips I learned from some of the biggest financial rock stars on the planet that happen to be guests of mine on my great podcast, Fun with Annuities. That's on all podcast platforms, and we even have a YouTube channel called Fun With Annuities that you can check out. But I will share it with you and I had some great guests there.

Today's topic is IRA annuity calculators. We're discussing calculating annuity guarantees within your IRA. Yes. You should have an annuity inside of your IRA if you want contractual guarantees, if you want lifetime income, if you want principal protection, if you want legacy, if you want long-term care type coverage, and the only assets you have in bulk are IRA assets. Then it makes sense.