Stop Complaining About Inflation: Shootin' It Straight With Stan


Manage episode 349109074 series 2798004
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In this episode, The Annuity Man discussed:

  • Should you worry about inflation?
  • Annuity companies don’t give anything for free
  • Inflation will not change your lifestyle

Key Takeaways:

  • Stop complaining about inflation when it doesn’t affect you or about increasing prices when you can afford it.
  • Annuity companies don’t give anything away. If there's a potential increase in your income, then the annuity company will severely and drastically lower the initial payment to compensate for that potential increase.
  • The people that are really affected by inflation are the 60% of Americans who live paycheck to paycheck. Inflation is not going to change your lifestyle, and that’s a fact. You’ve scrimped, saved, and worked hard all your life, enjoy your life now.

"For people that are looking to place their money in annuities and investments and have nest eggs, 401 k's, and hundreds of thousands… do not bring up inflation with me. I will blast you - in a nice way. I will wake you up to reality." — Stan The Annuity Man.

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