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Dana Anspach: Juicing Your Retirement Plan (TAM Classic)

Table of Contents

Dana Anspach: Juicing Your Retirement Plan (TAM Classic)

Stan Haithcock

June 18, 2024

Dana Anspach: Juicing Your Retirement Plan (TAM Classic)

In this episode, The Annuity Man and Dana Anspach discuss:

Juicing your retirement money
How can you know if you’re “retirement-ready”
What are some things you have to consider when setting up your retirement plan
The four percent rule

‌Key Takeaways:

Don’t underestimate what more you can juice from your retirement plan. You might very well end up with hundreds of thousands of dollars by the end of it.
You need to know what the risk factors are in the decumulation phase.
Calculating the bigger picture of your retirement will help you make decisions that increase your probability of success and have peace of mind in the future.
Reality is that you can’t spend just a solid percentage in your retirement fund, there are circumstances that would have to be accounted for - like needing to buy a car, or having a health issue in the family.

‌

"People are so focused on accumulating assets, which is relatively easy compared to the math you have to solve when you start drawing money out.” — Dana Anspach  

‌

Connect with Dana Anspach:

Website: Control Your Retirement Destiny - Sensible Money

Home - Sensible Money

Facebook: https://www.facebook.com/SensibleMoneyUS

LinkedIn: https://www.linkedin.com/in/danaanspach

Twitter: Sensible Money (@SensibleMoneyUS) on X

Dana Anspach (@moneyover55) on X

Books: https://www.amazon.com/Dana-Anspach/e/B00GL9WC82%3F

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.

Listen in on how you can be livin’ the reality, not the dream. Listen and subscribe on Libsyn, Stitcher, Apple Podcasts, Google Podcasts, Amazon Podcasts, and Spotify.

Lifetime-or-Interest-Income:-Shootin'-It-Straight-With-Stan-(TAM-Classic)

Shootin’ It Straight with Stan®

Lifetime or Interest Income: Shootin' It Straight With Stan (TAM Classic)

Today's topic is lifetime or interest income. Now, I always say you can't just say I hate all annuities.

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 fees. 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.

High Rates for How Long: by Terry Savage

High Rates for How Long: by Terry Savage

Do you have “chicken money” – money that you want to protect from risk? If so, it should be in short-term CDs, or money market accounts, or short term Treasury Bills – IOUs from the Federal government. Those are the safe places to stash your cash.

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.

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Annuity Benefits: 2 Unique Benefits That Annuities Offer

Hello there. My name is Stan The Annuity Man. I'm America's annuity agent licensed in all 50 states. Yes, I sell annuities, but that's not why we're here. We're here to educate you on all things annuity. Today, we will talk about the benefits only annuities offer.

3 Years-in-or-3-Years-Out-for-MYGAs-and-CDs:-Shootin'-It-Straight-With-Stan-(TAM-Classic)

Shootin’ It Straight with Stan®

3 Years in or 3 Years Out for MYGAs and CDs: Shootin' It Straight With Stan (TAM Classic)

Today's topic is 3 Years in or 3 Years Out when looking at fixed rates. My rule is that if it's three years or in, you're buying CDs and Treasuries. If it's three years in out, you're buying Multi-Year Guarantee Annuities, Fixed Rate Annuities, the annuity industry version of a CD.

Retirement-Expert-Rants:-The-Annuity-Industry-Needs-to-Focus-on-Guarantees

Retirement Expert Rants: The Annuity Industry Needs to Focus on Guarantees

Hi, my name is Stan The Annuity Man, America's annuity agent, licensed in all 50 states, and I'm here today to rant a little bit. I do this occasionally when things hit me the wrong way.

What-Happens-to-an-Annuity-if-the-Stock-Market-Crashes?-(TAM-Classic)

What Happens to an Annuity if the Stock Market Crashes? (TAM Classic)

Are Fixed Index Annuities good against a stock market crash? What if the insurance company backing it goes under? What's your protection? Let's take them one at a time.

What-Is-a-Living-Benefit-on-an-Annuity?

What Is a Living Benefit on an Annuity?

We're going to talk today about what is living benefit on an annuity? I need you to relax because you're going to get nothing but the brutal annuity truth from Stan, The Annuity Man.

Can-You-Lose-Money-in-an-Annuity?

Can You Lose Money in an Annuity?

Let's talk about the types. Why are you reading this blog? Why'd you stay around? Because you're going to know after this blog, if you you lose money with an annuity.

3-Ways-to-Convert-Retirement-Savings-Into-Income

3 Ways to Convert Retirement Savings Into Income

So, what are three ways to convert your retirement savings into income? Hi there. I'm Stan The Annuity Man, America's annuity agent license in all 50 states. Today, we're going to break down those three ways.

What-Is-Annuitization?

What Is Annuitization?

"What is Annuitization?" What the heck is that? It's hard to spell and pronounce, but annuitization is a way of getting income from an annuity, whether for lifetime income or a specific period of time. We're going to go through all of that now.

Start-Acting-Annuity-Rich-(Wear a Suit!)-Shootin'-It-Straight-With-Stan-(TAM-Classic)

Shootin’ It Straight with Stan®

Start Acting Annuity Rich (Wear a Suit!) Shootin' It Straight With Stan

Today's topic is a really good one, and I want you to listen because I'm talking to most of you out there. And it's called Start Acting Annuity Rich. Now all of you out there, "Well, Stan, I'm not rich. I'm not rich. I'm just telling you I'm not rich." I'm telling you, you are.

What-Is-a-Multi-Year-Guaranteed-Annuity?

What Is a Multi-Year Guaranteed Annuity?

Today's topic is what is a Multi-Year Guarantee Annuity, which is very important because you're not going to hear about this at the bad chicken dinner seminar. Why? Because they're very simplistic with commissions that are very, very low, which means it's good for you.

Annuity-Scams:-What-to-Watch-Out-For-(TAM-Classic)

Annuity Scams: What to Watch Out For (TAM Classic)

Today's topic is a good one, and I'm sure when you saw the title, you're like, "I'm going to read this one. I know he's going to go crazy." Annuity scams and what to watch out for.

Retirement-Calculator:-What-Is-the-Average-401(K)-Balance-of-a-60-Year-Old

Retirement Calculator: What Is the Average 401(K) Balance of a 60-Year-Old

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states. We're talking about retirement calculators how much a 60-year-old has in their 401k. I get that question a lot, how much does a 60-year-old have or how much money does a 70-year-old have in retirement, et cetera

Automate Your Income: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Automate Your Income: Shootin' It Straight With Stan

Today's topic is from a friend of mine, Michael Finke, a smart guy in the room, the Mount Rushmore of smart guys. His face is on that Mount Rushmore, Mount Annuitymore, Michael Finke, F-I-N-K-E.

Sheryl Garrett: Financial Planning on YOUR Terms (TAM Classic)

Sheryl Garrett: Financial Planning on YOUR Terms (TAM Classic)

We’ve been trained to go get a second opinion if we have a significant medical issue come up, but why in the world do we not get a second opinion if we’re getting ready to make a decision as significant as retirement.

Retirement Tips: Annuities Are About More Than Covering Expenses

Retirement Tips: Annuities Are About More Than Covering Expenses

Today, we will talk about annuities and why they're just not for covering expenses. I know there are these boring products, and I promote them as boring products because they are boring products. I mean, they're contracts.

Retirement Income: Are Multiple Annuities a Good Idea?

Retirement Income: Are Multiple Annuities a Good Idea?

Hi there, Stan The Annuity Man, America's annuity agent, licensed in all 50 states. I'm holding up the trusty clipboard. The will do, not might do, clipboard. You know what that means? You know what the Pavlovian side of you, the mouth starts drooling.

Compare Immediate Annuity Rates: The Truth Behind Percentages

Compare Immediate Annuity Rates: The Truth Behind Percentages

Today is a very important topic. We're going to compare Immediate Annuity rates and answer that question, the truth about those percentages you see all the time. I'll kind of break all that down because there's a lot of misleading information.

The Older You Are, the Higher the Annuity Payment: Shootin’ It Straight With Stan (TAM Classic)

Shootin’ It Straight with Stan®

The Older You Are, the Higher the Annuity Payment: Shootin’ It Straight With Stan (TAM Classic)

Today's topic is a good one, and it's one that is 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.

Annuity Cost Calculator: Decide How Much You Should Spend

Annuity Cost Calculator: Decide How Much You Should Spend

So, how much should you spend on your annuity using an annuity calculator? How does that all work? Of course, I'm going to tell you, I'm Stan The Annuity Man, America's annuity agent, top agent in this beloved United States of America.

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. When people often read these blogs, they're so enamored and say, "Wow, that's really informative, yet not salesy."

Retirement Expert Rant: What I Love About Lifetime Income

Retirement Expert Rant: What I Love About Lifetime Income

Hi, I'm Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Did you know that annuities are the only product on the planet that can contractually guarantee lifetime income? You do now. Let's get right into it.

Increase Your Annuity Income Floor As You Age: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Increase Your Annuity Income Floor As You Age: Shootin' It Straight With Stan

Today's topic is a good one: increase your income floor as you age. In other words, that income floor, that amount that's hitting your bank account every single month, needs to be increased as you get older.

Rick Ferri: Core-4 Portfolios for Simplistic Success (TAM Classic)

Rick Ferri: Core-4 Portfolios for Simplistic Success (TAM Classic)

The idea is simplicity. Be simple, be low-cost, be consistent, stay the course, be tax-efficient.

Annuity Quotes: How to Lock Them In

Annuity Quotes: How to Lock Them In

Hey, Stan The Annuity Man, America's annuity agent licensed in all 50 states. That includes the one you're sitting in and your state of residence. Yes, I can sell you an annuity there. The question is, do you even need one?

IRA Annuity - Convert, Roll Over & Other Tricks

IRA Annuity - Convert, Roll Over & Other Tricks

IRA annuity. What is that all about? First of all, let's talk about IRAs and annuities. IRA is a structure. Think of it as a house. The annuity, or whatever you purchase, mutual funds, whatever, is the furniture that goes inside the house.

Principal Preservation: Are You at That Financial Stage?

Principal Preservation: Are You at That Financial Stage?

From a principal preservation stage, you're trying to preserve your health, but a lot of people are at a stage now. They're trying to preserve the principal and not take the market losses like they have been. Maybe that's you.

You Already Won! Why Are You Still Playing?: Shootin' It Straight With Stan (TAM Classic)

Shootin’ It Straight with Stan®

You Already Won! Why Are You Still Playing?: Shootin' It Straight With Stan (TAM Classic)

Today's topic is a good one, and it is this. If you've won the game, then why are you still playing? I want you to think about that for a second.

Inflation-Adjusted-Annuity:-Pros-and-Cons

Inflation-Adjusted Annuity: Pros and Cons

Inflation-adjusted annuities pros and cons. The good news is you already own the best inflation annuity on the planet, Social Security. It is an annuity. And you're like, "No, it's not." I love those who call me up and say, "I hate annuities."

Annuity-Payments:-Are-They-All-for-Life?

Annuity Payments: Are They All for Life?

What are we talking about today? We're talking about annuity payouts. Are they all for life? Are all of them lifetime income products? No, they're not, but most of them are. But we're going to go through both types so you can make a good decision if you even need one, and if you do, how to get one.

25%-Annuity-Bonus…Is-It-Real?:-Shootin'-It-Straight-With-Stan-(TAM-Classic)

Shootin’ It Straight with Stan®

25% Annuity Bonus…Is It Real?: Shootin' It Straight With Stan (TAM Classic)

Today's topic is a really good one and timely: 25% annuity bonuses, 35% annuity bonuses. Is this stuff real? Is there actually a philanthropist at an annuity company, the CEO, who wakes up in the morning and says, "You know what? I think I'm going to give money away.

Jason-Fichtner:-Understanding-a-Changing-Retirement-Landscape-(TAM-Classic)

Jason Fichtner: Understanding a Changing Retirement Landscape (TAM Classic)

In retirement we're not trying to maximize returns, we're trying to minimize risks - ensure that I have enough income to last for the rest of my life.

How-Much-Does-a-$1-Million-Annuity-Pay-per-Month?

How Much Does a $1 Million Annuity Pay per Month?

Hi there, Stan The Annuity Man, America's annuity agent, licensed in all 50 states, and that's including yours. I'm the top agent in the country, but enough about me. Let's talk about you and what an annuity pays if you have a million dollars.

How-to-Buy-an-Annuity:-IRA,-Non-IRA,-Roth-IRA?-(TAM-Classic)

How to Buy an Annuity: IRA, Non-IRA, Roth IRA? (TAM Classic)

Today's topic is about annuities inside of an IRA, a non-IRA, and a Roth IRA. We're going to go through each type, how it works, and why you might consider putting an annuity type inside of those structures.

Pros-And-Cons-Of-Annuities:-The-Bad-Chicken-Dinner-Seminar

Pros And Cons Of Annuities: The Bad Chicken Dinner Seminar

Today's topic is a good one, very close to my heart, because I hate the Bad Chicken Dinner Seminar sales pitches. So, we will discuss the pros and cons of the Bad Chicken Dinner Seminar sales pitches.

Understanding-Annuity-Payout-Options:-Shootin'-It-Straight-with-Stan

Shootin’ It Straight with Stan®

Understanding Annuity Payout Options: Shootin' It Straight with Stan

Today's topic is a very good one, and we're talking about it because some things have happened this week that have pointed us in this direction. It's understanding annuity payout options.

How Much Income Do I Need in Retirement?

How Much Income Do I Need in Retirement?

So, how much income do I need, you need, we need, all of us need in retirement? Never ask anyone that question except Stan The Annuity Man, because that is a layup for most salespeople. They'll try to sell you something.

Annuity Payout Rates vs. Interest Rates

Annuity Payout Rates vs. Interest Rates

Today's topic is a very good one and important. Annuity rates versus payout rates. Is there a difference, Stan? You're darn right there's a difference. You know what else is different? This really smooth Adidas T-shirt that I got from my PR team.

Are RMDs Your Forced Annuity?

Are RMDs Your Forced Annuity?

Today's topic is a good one. Are RMDs (Required Minimum Distributions) a forced annuity? I mean, should Stan The Annuity Man, America's annuity agent, should I look at my RMDs as a forced annuity type of income stream?

Live off the Interest Until You Can’t: Shootin' It Straight With Stan (TAM Classic)

Shootin’ It Straight with Stan®

Live off the Interest Until You Can’t: Shootin' It Straight With Stan (TAM Classic)

I'm revved up today because the topic is live off the interest until you can't. What am I talking about? I'm talking about current interest rates.

John Olsen: Annuity Royalty Shares Wisdom (TAM Classic)

John Olsen: Annuity Royalty Shares Wisdom (TAM Classic)

These are investments to a degree, but most annuities are risk management tools. There are a few things you can do with risks: assume it, remove it, reduce it, or transfer it.

Retirement Expert Rant: What I Love About MYGAs

Retirement Expert Rant: What I Love About MYGAs

Today's topic is what I love about MYGAs, Multi-Year Guarantee Annuities. Yes, I'm wearing the "I Heart Annuity Haters" shirt today. People love it. Well, a lot of people say, "I hate all the annuities, Stan. I hate them because this guy said it in a print ad." Come on, man.

Lottery Payout Options — Annuity or Lump Sum?

Lottery Payout Options — Annuity or Lump Sum?

Today's topic is lottery payout options. Do you take the lump sum, or do you take the annuity payment? Now, I'm going to cover that in a couple of ways, as only Stan The Annuity Man can.

Inflation Annuities: Should You Address It Now or Later?

Inflation Annuities: Should You Address It Now or Later?

Hello America. Stan The Annuity Man. America's annuity agent, licensed in all 50 states, including yours. Before we start talking about inflation annuities, should you address it now or later?

Defer 2 SPIA (MYGA-2-SPIA): Shootin' It Straight With Stan (TAM Classic)

Shootin’ It Straight with Stan®

Defer 2 SPIA (MYGA-2-SPIA): Shootin' It Straight With Stan (TAM Classic)

Today's topic is a very good one, and unfortunately, it's a unique one for the annuity industry, but hopefully, this strategy will spread like wildfire across the fruited annuity plane.

Is an Annuity Affected by the Stock Market?

Is an Annuity Affected by the Stock Market?

Hey, I'm Stan The Annuity Man, America's annuity agent, licensed in all 50 states. This is a big question because people get confused about annuities in the stock market.

How Do Annuity Payouts Work? (TAM Classic)

How Do Annuity Payouts Work? (TAM Classic)

Hi there. Stan The Annuity Man, American's annuity agent licensed in all 50 states. Today's question is a great one: How do annuity payouts work? Hey, Stan, I thought all annuities were the same. Hey, Stan, this guy on television said, "I hate all annuities."

Is an Indexed Annuity Fixed or Variable?

Is an Indexed Annuity Fixed or Variable?

The question today is, is an Indexed Annuity fixed or variable? Short answer, fixed, but there's a lot more to it than just that. What I would like to do is go through what a fixed indexed annuity, Indexed Annuity, and a Variable Annuity are and tell you the differences between both.

Annuity Fancy or Annuity Contractual?: Shootin’ It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Fancy or Annuity Contractual?: Shootin’ It Straight With Stan

Today's topic is this question: annuity fancy or annuity contractual? Now, there are many types of annuities. You already own one. It's called Social Security. It's the best inflation annuity on the planet.

Do Annuity Companies Keep the Money When I Die?

Do Annuity Companies Keep the Money When I Die?

Today's question is, do annuity companies keep the money when you die? I always get this question and the statement, "I'd never buy an annuity because they keep the money. I don't like that." Well, I blame the annuity industry for that phrase.

Fixed Index Annuities Pros and Cons (TAM Classic)

Fixed Index Annuities Pros and Cons (TAM Classic)

Hi there. Stan The Annuity Man, America's annuity agent. I'm so glad you joined me for today's topic, Fixed Indexed Annuities Pros and Cons.

Annuity Products: Are They a Commodity?

Annuity Products: Are They a Commodity?

Hi, I'm Stan The Annuity Man, America's annuity agent licensed in all 50 states. I'm the number one guy here, and my approach to annuities is completely different from most agents. I only look at annuities for what they will do, not what they might do.

Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

Today's topic is a good one that you need to listen to. If you go to the bad chicken dinner seminar, expensive steak dinner seminar, Italian dinner seminar, whatever, you'll hear about this, and it's going to sound phenomenal.

Retirement Income Planning Using Annuities

Retirement Income Planning Using Annuities

Stan The Annuity Man, America's annuity agent, licensed in all 50 states, and, yes, this is not a drill. We're talking about retirement income planning using annuities.

Annuities Explained by Age (TAM Classic)

Annuities Explained by Age (TAM Classic)

Hi there. Stan The Annuity Man, America's annuity agent. I'm passionate about annuities, but I'm also passionate about why you should own an annuity. One thing I'm even more passionate about is the age at which you need to purchase an annuity.

Retirement Calculator: Is Your 401(K) Enough?

Retirement Calculator: Is Your 401(K) Enough?

We need to talk about your 401k. Is that enough for you to retire on? How do we know? How do we go about figuring that out?

Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

Shootin’ It Straight with Stan®

Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

Today's topic is a good one that you need to listen to. If you go to the bad chicken dinner seminar, expensive steak dinner seminar, Italian dinner seminar, whatever, you'll hear about this, and it's going to sound phenomenal.

David Blanchett: Retirement Income Investing in a Low Yield World (TAM Classic)

David Blanchett: Retirement Income Investing in a Low Yield World (TAM Classic)

The best thing you can do is to make 'easy buttons' and a way to enjoy retirement where you're not stressed out all the time when the market goes down.

5 Biggest Annuity MISTAKES

5 Biggest Annuity MISTAKES

Today, we will talk about the five biggest annuity mistakes, not the five smallest, not the five medium size mistakes, the five biggest annuity mistakes on the annuity planet. Let's get right into it.

401K Rollover to an Annuity

401K Rollover to an Annuity

What we're talking about today is 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. What's the answer Stan The Annuity Man? Let's get into it.

Annuity Sales Pitches: The Facts Behind the Most Popular One

Annuity Sales Pitches: The Facts Behind the Most Popular One

Today's topic is a good one for me because this is the one that makes the top of my head pop off. This is the one that makes the veins pop out of my neck. This is the one when my producer saw me this morning before we got going, and they had to do makeup; I had this vein popping out of my eye.

There’s No ROI Until You Die With Lifetime Income Annuities: Shootin’ It Straight With Stan

Shootin’ It Straight with Stan®

There’s No ROI Until You Die With Lifetime Income Annuities: Shootin’ It Straight With Stan

Today's topic is: There’s No ROI Until You Die With Lifetime Income Annuities. It's a great little quippy rhyme: there's no ROI until you die. ROI is the return on investment.

Annuity Ladder: Does It Create a Higher Payment?

Annuity Ladder: Does It Create a Higher Payment?

What are we talking about today? Annuity ladders. Do annuity ladders, laddering annuities, create a higher income stream? Maybe. Good question, but let's dig deeper into how to structure annuity ladders, how they work, and why you should consider them.

How Does a Fixed Index Annuity Work?

How Does a Fixed Index Annuity Work?

This is a hot topic, not the clothing line for you youngsters out there. How does a Fixed Indexed Annuity work? The Panacea product, the too good to be true, the bad chicken dinner seminar, the good steak dinner seminar where you get the filet mignon.

Retirement Tips: 3 Ways to Have Money Hit Your Bank Account

Retirement Tips: 3 Ways to Have Money Hit Your Bank Account

Today, we will talk about three ways to have money hit your bank account, which we all would like. I call that the income floor, which is the guaranteed income floor.

How the Annuity Sausage is Made: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

How the Annuity Sausage is Made: Shootin' It Straight With Stan

Today's topic is a great one: How the Annuity Sausage Is Made. Now, I'm not going to go into the depths of the actuaries sitting in their closets, running the numbers, etc., but I'm going to give you the 30,000-foot view of how this all works, and it'll make sense to you once I get done.

Roger Whitney: How To Rock Your Retirement (TAM Classic)

Roger Whitney: How To Rock Your Retirement (TAM Classic)

The majority of planning which feeds the mindset of this very uncertain world is always gonna default to denying today, and that’s not right because tomorrow isn’t promised to anyone. You gotta be a good steward.

Annuity Quotes: How to Structure for Future Income

Annuity Quotes: How to Structure for Future Income

Today, we're talking about how to structure income for the future with annuities or annuity quotes, as they say. A good annuity quote is, will do not, might do. You buy an annuity for what it will do, not what it might do.

An Immediate Annuity Has Been Purchased With a Single Premium (SPIA)

An Immediate Annuity Has Been Purchased With a Single Premium (SPIA)

Hi, I'm Stan The Annuity Man, America's annuity agent, licensed in all 50 states. Yes, we will talk about Single Premium Immediate Annuities, the granddaddy of all annuities, how that works, and why you might consider that for a lifetime income stream.

Retirement Lifestyle: 3 Tips to Financially Care for Your Loved Ones

Retirement Lifestyle: 3 Tips to Financially Care for Your Loved Ones

I'm Stan The Annuity Man, America's annuity agent, licensed in all 50 states. What I'm doing is kind of answering the questions of how do I do this? How do I take care of my loved ones financially? Now, there's a myriad of ways to do that.

The Perfect Annuity Does NOT Exist: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

The Perfect Annuity Does NOT Exist: Shootin' It Straight With Stan

Today's topic is, the perfect annuity does not exist. It does not. Even though you might have heard something at the bad chicken dinner, expensive steak dinner seminar, or some online product presentation where it sounded too good to be true.

MYGA: The Annuity Industry’s CD

MYGA: The Annuity Industry’s CD

The simplicity of the shirt is what we're going to be talking about today. The simplicity of Multi-Year Guarantee Annuities and how they work. And, by the way, Multi-Year Guarantee Annuities are the industry's version of a CD, a Certificate of Deposit.

The Reality of Life With 20 Year Certain Annuities

The Reality of Life With 20 Year Certain Annuities

Today's topic is one that I've wanted to do for a long time, and I got a call the other day that triggered it. The topic is the realities of life with a 20-year certain or joint life with a 20-year period certain, Immediate Annuity, or Deferred Income Annuity.

Retirement Tips: How to Talk Annuities With a Spouse

Retirement Tips: How to Talk Annuities With a Spouse

Today's topic is interesting: how to talk to your spouse or partner about annuities and how to start telling them about contractual guarantees because most people, when you hear the word annuity, it either equals hate or it's a curse word.

The Cost of Waiting to Purchase an Annuity: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

The Cost of Waiting to Purchase an Annuity: Shootin' It Straight With Stan

Today's topic is the cost of waiting to purchase an annuity. Now I know what you're saying. Wait a minute. That sounds like a sales pitch. That sounds like some type of an angle for me to buy now, Stan. Are you pushing me to buy now?

Steve Parrish: Rational and Phased Retirement Planning (TAM Classic)

Steve Parrish: Rational and Phased Retirement Planning (TAM Classic)

Retirement is not just an event, it’s a change in life. Think of the behavioral and emotional aspects of it, not just the money. But when it comes to money, keep these three things in mind: your social security, medicare, and your benefit pension plan.

Can You Take Your Money Out of an Annuity?

Can You Take Your Money Out of an Annuity?

In this blog, I'll discuss the different types of annuities and how you can withdraw money from them, whether it's interest, lifetime income, or withdrawals. We'll cover all of that in detail.

Pros and Cons of SPIAs

Pros and Cons of SPIAs

Today's topic is a very good one. We're going to go over the pros and cons of SPIAs, Single Premium Immediate Annuities, and then some of the payout options that you should consider, as well as how they work, which is very, very important.

What Happens to a Pension Annuity When You Die?

What Happens to a Pension Annuity When You Die?

Here's what we're talking about when I say pension annuity: it really comes down to three types of products. The first is a Single Premium Immediate Annuity, which is the granddaddy of all annuities. It's a pure transfer of risk.

Always Reverse Engineer Annuity Income Quotes: Shootin' It Straight With Stan

Shootin’ It Straight with Stan®

Always Reverse Engineer Annuity Income Quotes: Shootin' It Straight With Stan

Today's topic is always reverse engineer annuity income quotes. "What do you mean by reverse engineer, Stan? You do not look like an engineering student or someone who could major in engineering."

Annuity Income: Do You Need It to Start Now or Later?

Annuity Income: Do You Need It to Start Now or Later?

Hi there. Stan The Annuity Man, America's annuity agent, licensed in all 50 states, including yours. Today's topic is excellent and stems from the question, do you need income to start now or income to start later?

Are Fixed Index Annuities for You?

Are Fixed Index Annuities for You?

Today’s topic is going to inform a lot of people. It's going to save a lot of people from bad decisions. Hopefully, it will help the industry. I like doing that because this product is causing some issues. And the topic is, Are Fixed Index Annuities for You?

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.

Gary Baker: The Growth of Group and Fee-Based Annuities

Gary Baker: The Growth of Group and Fee-Based Annuities

Financial advisors should know all the tools available, and then, depending upon the client’s specific situation, feel comfortable and put in the right spot that's in their best interest and the right thing to do.

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

Today's topic is a very good one, and the title is Transfer Your Risk to Annuity Contractual Guarantees. This is very important in the current sales environment of most annuity bad chicken dinners and expensive steak dinner seminar sales pitches.