Annuity

Welcome to Fund with Annuities.

My name is Stan the Annuity Man, America's annuity agent licensed in all 50 states.

Today's topic is a very good one and timely.

How will artificial intelligence, AI, affect annuities? Stan the Annuity Man.

That all might be true.

I'm not smart enough to discern any of that.

But let's talk about the way that I think it's going to affect annuities and the annuity space.

First of all, there's positives and negatives.

I've written a book on it.

The indexed annuity owner's manual that I'll send you for free and under no obligation.

Just go to my site at theannuityman.com and I'll ship it to you.

But let's get down to the topic.

Let's get down into the meat of the matter of indexed annuities, but not until I hear music.

So what is a fixed index annuity? It's very simple.

It's a fixed annuity.

It's not a security.

Welcome to Shooting It Straight with Stan.

I'm your host, Stan, the annuity man, America's annuity agent, licensed in all 50 states and Puerto Rico, founder of Contractual Guarantees Only, which means that when you look at annuities, you own them for what they will do, not what they might do.

Do not buy hypotheticals, theoreticals.

projections back tested unicorn chasing the butterfly too good to be true nonsense because when you buy an annuity you're going to get a policy that policy is a contract from a life insurance company that issues the annuity so buy for the contractual guarantees don't buy it for the dream you're going to own the contractual realities topic of the day the three phases of income rider taxation Stan, what's an income rider? It's not somebody that's on the bus.

You know what I'm saying? Income rider is a contractual guarantee lifetime income attachment to a policy.

We use indexed annuities, fixed indexed annuities, to deliver that income rider's guarantee.

Draw a line down a blank sheet of paper visually.

This side is the indexed annuity.

Well, we've got regular questions now to get – well, these are regular questions, folks, but we have questions outside of Social Security and IRMA.

So we have – again, this came in during National Annuity Awareness Month.

I like to try to get to at least one annuity question per show.

This one – This one can have many different answers.

Welcome to Fun with Annuities.

I'm your host, Stan, the annuity man, America's annuity agent, licensed in all 50 states and Puerto Rico, the founder of Contractual Guarantees Only, which means that you only buy an annuity for what it will do, not what it might do.

Never, ever buy annuities of any type for potential or hypothetical or theoretical growth.

Buy them for the contractual guarantees.

Today's topic's kind of a fun one.

It might make you mad, but that's okay.

It's I'm your annuity life coach and annuity oncologist.

You're saying, Stan, do you even know what oncologist means? Yes, I'm a melanoma survivor, 25 years.

Welcome to Shooting It Straight with Stan.

I'm your host, Stan The Annuity Man, America's annuity agent, licensed in all 50 states and Puerto Rico, founder of CGO, Contractual Guarantees Only, because you should only own an annuity for what it will do, not what it might do.

Those are the contractual guarantees of the policy.

Today's topic is a controversial one.

It's gonna ruffle some feathers and bring in the hate mail and maybe some death threats, and I don't care, 'cause you need to be aware of it, is be aware of the fixed indexed annuity bonus churn strategy.

You're saying, "What, Stan?" A lot of you have seen me go off on upfront bonuses.

I call them candy for the stupid.

There's not 120 pennies in the dollar or 140 pennies in the dollar.

Welcome to Shooting It Straight with Stan.

I'm your host, Stan The Annuity Man, America's Annuity Agent, licensed in all 50 states and Puerto Rico, founder of CGO, Contractual Guarantees Only.

You own an annuity for what it will do, not what it might do.

You never buy an annuity for non-guaranteed numbers.

Today's topic is a very good one.

Pretty good stories behind this.

I think that was 2013.

I'd have to go back and look.