In this episode, The Annuity Man discussed:

• Preserving principal

• Matching products to time horizons

• Adapting to changing rates

• Prioritizing peace of mind

Key Takeaways:

• The “never touch the principal” rule emphasizes generating retirement income from interest alone, keeping original capital intact for protection and legacy.

• CDs and treasuries are best for terms under three years, while MYGAs provide tax-deferral benefits and stronger returns for longer durations.

• High interest rates make this strategy attractive now, but if rates fall, retirees may need to pivot to options like immediate annuities for steady income.

• This approach emphasizes guaranteed returns, protection from volatility and fees, and thoughtful planning, including reviewing MYGA rates, evaluating assets, and considering a spouse’s needs.

"Never touch the principal. Those are the four words I want you to focus on." — 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!

In this episode, The Annuity Man discussed:

• Recognizing annuity trade-offs

• Focusing on contractual guarantees

• Asking the right questions

• Evaluating strength over sales pitches

Key Takeaways:

• No annuity is perfect; each comes with both benefits and limitations. They should be understood as commodity products rather than flawless solutions.

• Annuities should always be purchased for their contractual promises, such as lifetime income or principal protection, rather than hypothetical returns.

• The key to choosing the right annuity is identifying what you want the money to do contractually and when you want those guarantees to begin.

• When comparing annuities, focus on the company’s financial stability and the highest contractual guarantees offered, not marketing claims or projections.

"If you do not need to contractually solve for one or more of those items in the PILL acronym, then you do not need an annuity." — 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!

In this episode, The Annuity Man discussed:

• Annuities as lifetime income

• How annuities are priced

• Focus on contractual guarantees

• Two primary purposes of annuities

Key Takeaways:

• Annuities, like Social Security or pensions, provide guaranteed income for life. They come in several forms, such as immediate, deferred, and longevity annuities, each designed to fit different timing and retirement needs.

• The pricing of annuities is based on life expectancy, interest rates, and insurer capacity. Because of these factors, annuity quotes change frequently, much like other market-driven products.

• Annuities should be purchased for their contractual guarantees rather than hypothetical returns. Comparing these guarantees across different carriers ensures you get the most reliable value.

• The main reasons people buy annuities are for principal protection and income for life. Choosing the right annuity depends on what you want your money to do and when you want the guarantees to begin.

"Capacity equals competition. And that's the reason that when you look at annuities for just the contractual guarantees of the policy, which is the reason you should buy, never buy an annuity for the hypothetical returns." — 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!