Fun With Annuities Podcast Celebrity Series
I have come up with the appropriate nickname for John Lenz - The Annuity Mechanic. He can fix any situation, and he has seen everything over his 40-year career. As I said during the podcast, if there was such a thing as an "Annuity Room," and John walked into it, he would be the smartest person there.
Love John’s perspective when he shared, "Can an annuity work in this situation? Yes… you can basically establish your own reserve. Instead of paying a tax every year, you can write a check to the insurance company, create a long-term care annuity.”
During the podcast, we discussed the current situation in Washington (John's home state), where the government has required everyone to have LTC coverage or pay a tax. What a great example of politicians writing a check with their mouths that the government can't cash. In other words, they created a total mess. Listen in because John has some good solutions for the residents of Washington state and everyone's retirement planning in general.
We also covered current annuity carrier struggles that don't revolve around low-interest rates….and the outlook for annuity consumers.
Some of my favorite topics we discussed:
The Annuity Mechanic (aka John Lenz) does not disappoint during this podcast. He is an annuity industry treasure and someone that consumers should listen to every time he provides advice.
I will guarantee that you are going to learn a ton listening to this podcast. And as you know, I only care about guarantees!
This week’s celebrity co-host is an annuity rock star who has seen it all with 40 years in the business. John Lenz is the founder and President of the Lenz Financial Group, a Simplicity Group company, and full-service brokerage agency which distributes life, annuity and long-term care insurance products to insurance professionals and financial advisors. They provide complete back-office support to experienced advisors in the areas of life insurance, estate planning, and financial planner. LFG is also a principal member of the Insurance Designers of America.
He wants to make sure people have a good buying experience and get what THEY need. So, his goal is to make sure financial professionals have the tools make that happen. This guy is plugged into the markets and there is no one better to tell us what’s new and what we need to be paying attention to.
Fun With Annuities Podcast is hosted by America’s Annuity Agent®, Stan Haithcock, The Annuity Man®. Hear brutal annuity facts with no sales pitches from the top independent agent in the country, licensed in all 50 states. Author of 7 books, Stan dives deep on all annuity types and strategies. It’s fun, learning the contractual truths on how annuities actually work and if they’ll fit your personal retirement lifestyle.