Should You Date or Marry Your Annuity?: Shootin' It Straight with Stan

“Fun With Annuities” The Annuity Man Podcast

In this episode, The Annuity Man discussed:

• Dating your annuity company
• Marrying your company for lifetime income
• What do you want your money to do contractually?
• Dating MYGAs to peel of interest

Key Takeaways:

• Dating a company means that we’re only going to be there for a specific duration. With multi-year guarantee annuities and fixed-rate annuities, you give the annuity company your money for a specific period of time,
• If you’re signing up for a lifetime income product with an annuity company, you’ll be there for life, so you have to make sure they can back up the contractual guarantees they claim.
• If you’re marrying the annuity, get lifetime income products where the annuity company will pay you a guaranteed amount as long as you’re breathing.
• If you have enough money to peel off the interest and never touch the principal, then you can date the MYGAs and ladder them into a two-three-four year ladder or three-five-seven year ladder.

"We’re either marrying or dating the annuity, and it depends on the type. With the lifetime income products, we're marrying them. With short-term, multi-year guarantee annuities, we're dating them." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [e-mail]

Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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