“Fun With Annuities” The Annuity Man Podcast
Business:Investing
There’s No ROI Until You Die With Lifetime Income Annuities: Shootin’ It Straight With Stan
In this episode, The Annuity Man discussed:
The four primary annuity types for lifetime income
There’s no ROI until you die with lifetime income annuities
Two important questions to consider when buying annuities
Key Takeaways:
There are four primary annuity types providing lifetime income: Single Premium Immediate Annuities, Deferred Income Annuities, Qualified Longevity Annuity Contracts, and Income Riders attached to products like Index Annuities and Variable Annuities.
Lifetime income from annuities is a combination of return of principal plus interest, with the annuity company contractually obligated to pay as long as the buyer is breathing.
When you're buying lifetime income, always ask two questions: what do you want the money to contractually do and when do you want those contractual guarantees to start?
"Lifetime income stream is not an investment. This is a contract; a transfer of risk contract. I'm transferring the risk to solve for longevity risk - the fear of outliving your money." — 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!
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