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Stan The Annuity Man
United States
Приєднався 27 сер 2019
Stan The Annuity Man is recognized as the top independent annuity agent in the country and is known as “America’s Annuity Agent.” His website is the go-to educational resource for all things annuity and his proprietary annuity calculators allow you to shop for the best annuity guarantees available.
Licensed in all 50 states and representing practically all carriers, Stan’s “Will Do. Not might do.” Contractual Guarantees ONLY approach is a pro-consumer model that stands alone in the annuity industry.
The Annuity Man’s goal is to provide every person the best contractual guaranteed quotes for their specific situation and give them all the information (benefits & limitations….good & bad) needed to make an informed decision on their terms and timeframe. You will be treated like a professional if you decide to work with Stan The Annuity Man. No pressure. No sales pitches. Just the top contractual quotes and the brutal facts about annuities. Visit TheAnnuityMan.com today.
Licensed in all 50 states and representing practically all carriers, Stan’s “Will Do. Not might do.” Contractual Guarantees ONLY approach is a pro-consumer model that stands alone in the annuity industry.
The Annuity Man’s goal is to provide every person the best contractual guaranteed quotes for their specific situation and give them all the information (benefits & limitations….good & bad) needed to make an informed decision on their terms and timeframe. You will be treated like a professional if you decide to work with Stan The Annuity Man. No pressure. No sales pitches. Just the top contractual quotes and the brutal facts about annuities. Visit TheAnnuityMan.com today.
3 Ways to Convert Retirement Savings Into Income (TAM Classic)
In this classic episode of "Shootin’ It Straight With Stan," we’re breaking down three powerful ways to convert your retirement savings into a steady income. As always, Stan walks you through each option with clear, no-nonsense advice.
Watch and Enjoy,
Stan The Annuity Man
Free Annuity Owner’s Manuals
www.stantheannuityman.com/how-do-annuities-work/
Free Annuity Calculators and Live Rate Feeds
www.stantheannuityman.com/annuity-calculator/
Book a Free 30-minute Call with Stan The Annuity Man
www.stantheannuityman.com/book-a-call/
Other Resources
ALL THINGS ANNUITIES
www.stantheannuityman.com/
LISTEN/WATCH FUN WITH ANNUITIES PODCAST
www.stantheannuityman.com/podcast
JOIN THE ANNUITY LOVERS FACEBOOK GROUP
groups/annuityloversclub/
CONNECT WITH STAN
Call Stan The Annuity Man: 800-509-6473
Website: theannuityman.com/
Email: Stan@TheAnnuityMan.com
Facebook: stantheannuityman/
Twitter: StanAnnuityMan
TikTok: www.tiktok.com/@theannuityman
Instagram: theannuityman
#StanTheAnnuityMan
#Annuity
#TheAnnuityMan
Watch and Enjoy,
Stan The Annuity Man
Free Annuity Owner’s Manuals
www.stantheannuityman.com/how-do-annuities-work/
Free Annuity Calculators and Live Rate Feeds
www.stantheannuityman.com/annuity-calculator/
Book a Free 30-minute Call with Stan The Annuity Man
www.stantheannuityman.com/book-a-call/
Other Resources
ALL THINGS ANNUITIES
www.stantheannuityman.com/
LISTEN/WATCH FUN WITH ANNUITIES PODCAST
www.stantheannuityman.com/podcast
JOIN THE ANNUITY LOVERS FACEBOOK GROUP
groups/annuityloversclub/
CONNECT WITH STAN
Call Stan The Annuity Man: 800-509-6473
Website: theannuityman.com/
Email: Stan@TheAnnuityMan.com
Facebook: stantheannuityman/
Twitter: StanAnnuityMan
TikTok: www.tiktok.com/@theannuityman
Instagram: theannuityman
#StanTheAnnuityMan
#Annuity
#TheAnnuityMan
Переглядів: 984
Відео
Q&A Friday: Does Transferring From One Annuity to Another Trigger Taxes? (TAM Classic)
Переглядів 4357 годин тому
In this TAM Classic, we tackle a crucial question: "Does transferring from one annuity to another trigger taxes?" Stan breaks it down in simple terms, explaining the tax implications of annuity transfers and how to make informed decisions. Whether you’re considering a 1035 exchange or just curious about your options, this video is a must-watch for anyone dealing with annuities. Watch and Enjoy,...
Start Acting Annuity Rich (Wear a Suit!): Shootin’ It Straight With Stan (TAM Classic)
Переглядів 1,3 тис.14 годин тому
In this episode of "Shootin’ It Straight With Stan," we’re exploring the powerful mindset shift that comes with understanding annuities. "Start Acting Annuity Rich (Wear a Suit!)" is all about stepping up your financial game and embodying the confidence that comes with smart retirement choices. Stan breaks down why annuities are more than just a financial product-they’re a lifestyle. Watch and ...
Sheryl Garrett: Controlling What You Can Control (TAM Classic)
Переглядів 19017 годин тому
Did you miss last week's Fun With Annuities episode with Sheryl Garrett? Check out the full episode here: ua-cam.com/video/7WxpKtmG4Ng/v-deo.html Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate Feeds www.stantheannuityman.com/annuity-calculator/ Book a Free 30-minute Call with Stan The Ann...
Annuity Scams: What to Watch Out For (TAM Classic)
Переглядів 90321 годину тому
Are you considering an annuity? In this video, we break down the red flags and how to avoid falling victim to fraudulent schemes. Stay informed and secure your retirement! Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate Feeds www.stantheannuityman.com/annuity-calculator/ Book a Free 30-min...
Q&A Friday: How Do Annuity Companies Make Money on MYGAs? (TAM Classic)
Переглядів 463День тому
Welcome to another Q&A Friday! Today, we're diving deep into the world of Multi-Year Guarantee Annuities (MYGAs). Have you ever wondered how annuity companies make money off these financial products? We'll break it down for you, explaining the key mechanisms behind their profitability. Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-...
Automate Your Income: Shootin’ It Straight With Stan (TAM Classic)
Переглядів 1,1 тис.День тому
Tired of the ups and downs of the stock market? Discover how annuities can provide a stable and automated income in this episode of "Shootin’ It Straight With Stan." We'll cover the basics, the benefits, and some insider tips on making the most of your retirement. Don't miss out on this valuable information-subscribe now and stay tuned for more annuity wisdom from Stan! Watch and Enjoy, Stan Th...
Are Multiple Annuities a Good Idea? (TAM Classic)
Переглядів 1,6 тис.14 днів тому
Welcome back to another Q&A Friday! In today's episode, we dive into the topic of annuities. Many of you have asked whether holding multiple annuities is a good idea. We'll break down the pros and cons, discuss various scenarios, and provide insights to help you make informed decisions about your financial future. Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheann...
Q&A Friday: What Does the 10% Free Withdrawal Mean With Annuities? (TAM Classic)
Переглядів 67114 днів тому
In today's episode, we dive into the concept of the 10% free withdrawal with annuities. What does it mean for your retirement planning? How can you make the most of this feature? Join us as we break down the details and answer your questions! Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate...
The Older You Are, the Higher the Annuity Payment: Shootin’ It Straight With Stan (TAM Classic)
Переглядів 1,2 тис.14 днів тому
Join Stan in this informative episode of "Shootin’ It Straight With Stan" as he unpacks the reasons why age plays a critical role in determining annuity payments. Discover how you can maximize your retirement income and ensure financial stability in your golden years. Don't miss out on these crucial tips and expert advice on annuities! Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s ...
Rick Ferri: Is Market Timing the Killer of Discipline? (TAM Classic)
Переглядів 24621 день тому
Did you miss last week's Fun With Annuities episode with Rick Ferri? Check out the full episode here: ua-cam.com/video/prp5hLVaGAg/v-deo.html Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate Feeds www.stantheannuityman.com/annuity-calculator/ Book a Free 30-minute Call with Stan The Annuity...
Does an Annuity Count as Income? (TAM Classic)
Переглядів 1,9 тис.21 день тому
Does receiving annuity payments mean more taxable income? Find out in this informative TAM Classic episode. We'll cover the key points you need to know about annuities, taxes, and how they impact you. Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate Feeds www.stantheannuityman.com/annuity-c...
Q&A Friday: Are MYGAs Callable? (TAM Classic)
Переглядів 50521 день тому
In this episode of TAM Classic, we dive into a frequently asked question: Are MYGAs callable? Join us for Q&A Friday as we explore the ins and outs of Multi-Year Guarantee Annuities and discuss their callable features. Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/how-do-annuities-work/ Free Annuity Calculators and Live Rate Feeds www.stantheannuit...
Increase Your Annuity Income Floor as You Age: Shootin’ It Straight With Stan (TAM Classic)
Переглядів 1,3 тис.21 день тому
Join Stan in "Shootin’ It Straight With Stan" as he discusses how to boost your annuity income floor as you grow older. This video covers essential strategies and considerations for maximizing your financial stability through effective annuity management. If you’re curious about enhancing your retirement income, Stan’s insights are a must-watch. Watch and Enjoy, Stan The Annuity Man Free Annuit...
IRA Annuity - Convert, Roll Over & Other Tricks (TAM Classic)
Переглядів 1,1 тис.28 днів тому
Curious about IRA Annuities? Our comprehensive guide covers everything from converting to rolling over and more! Dive into practical tips and tricks to make the most of your retirement investments. Whether you're planning for the future or navigating current options, this video is your go-to resource. Watch and Enjoy, Stan The Annuity Man Free Annuity Owner’s Manuals www.stantheannuityman.com/h...
Q&A Friday: Are Annuity Companies Safer Than Banks? (TAM Classic)
Переглядів 843Місяць тому
Q&A Friday: Are Annuity Companies Safer Than Banks? (TAM Classic)
You Already Won! Why Are You Still Playing?: Shootin' It Straight With Stan (TAM Classic)
Переглядів 1,3 тис.Місяць тому
You Already Won! Why Are You Still Playing?: Shootin' It Straight With Stan (TAM Classic)
Jason Fichtner: When Should You Take Social Security? (TAM Classic)
Переглядів 288Місяць тому
Jason Fichtner: When Should You Take Social Security? (TAM Classic)
Annuity Comparison: FIAs vs. MYGAs (TAM Classic)
Переглядів 981Місяць тому
Annuity Comparison: FIAs vs. MYGAs (TAM Classic)
Q&A Friday: Should You Add Annuities if You Have a Pension? (TAM Classic)
Переглядів 658Місяць тому
Q&A Friday: Should You Add Annuities if You Have a Pension? (TAM Classic)
25% Annuity Bonus…Is It Real?: Shootin' It Straight With Stan (TAM Classic)
Переглядів 897Місяць тому
25% Annuity Bonus…Is It Real?: Shootin' It Straight With Stan (TAM Classic)
How to Buy an Annuity: IRA, Non-IRA, Roth IRA? (TAM Classic)
Переглядів 654Місяць тому
How to Buy an Annuity: IRA, Non-IRA, Roth IRA? (TAM Classic)
Q&A Friday: Why Are Annuity Rates Down & Fed Rates Up? (TAM Classic)
Переглядів 662Місяць тому
Q&A Friday: Why Are Annuity Rates Down & Fed Rates Up? (TAM Classic)
Understanding Annuity Payout Options: Shootin' It Straight With Stan (TAM Classic)
Переглядів 832Місяць тому
Understanding Annuity Payout Options: Shootin' It Straight With Stan (TAM Classic)
John Olsen: Product Suitability When Buying an Annuity (TAM Classic)
Переглядів 202Місяць тому
John Olsen: Product Suitability When Buying an Annuity (TAM Classic)
Annuity Payout Rates vs. Interest Rates (TAM Classic)
Переглядів 1,7 тис.Місяць тому
Annuity Payout Rates vs. Interest Rates (TAM Classic)
Q&A Friday: Can You Take out Interest Monthly With MYGAs? (TAM Classic)
Переглядів 607Місяць тому
Q&A Friday: Can You Take out Interest Monthly With MYGAs? (TAM Classic)
Live off the Interest Until You Can’t: Shootin' It Straight With Stan (TAM Classic)
Переглядів 2,3 тис.Місяць тому
Live off the Interest Until You Can’t: Shootin' It Straight With Stan (TAM Classic)
Lottery Payout Options - Annuity or Lump Sum? (TAM Classic)
Переглядів 470Місяць тому
Lottery Payout Options - Annuity or Lump Sum? (TAM Classic)
Q&A Friday: Do Ratings on Annuity Companies Really Matter? (TAM Classic)
Переглядів 787Місяць тому
Q&A Friday: Do Ratings on Annuity Companies Really Matter? (TAM Classic)
Bank said mygas where irrevocable.
This guy is the real deal. Had the 30 min call. Real deal answered all questions a lot of knowledge go to this guy.
Thanks for the kind words! Glad we could help out and answer all your questions. Always here to share knowledge.
No way to order your book on your site
You can download my books for free: www.stantheannuityman.com/get-smarter/annuity-books
Stan--another great video. You are really providing a great service. Stay well.
Thank you for the kind words! If you have any questions, don’t hesitate to reach out to us.
Thank You Stan. My Wife love to watch all your videos. We are 55 and plan to retire in 5 years. You help educate us on all the different options out there. We plan on Annunitizing 1/4 of our Portfolio. The next 1/4 in S&P 500 Index, 1/4 in our Favorite stocks and ETF's and 1/4 in COLD HARD CASH.
You’re welcome! It sounds like you’re on the right path! If you have any questions, don’t hesitate to reach out to us: www.stantheannuityman.com/book-a-call/
Stan. What are your thoughts on this strategy. Let’s say you put 500k in spia translating to approximately $2,500 in guarantee lifetime income. Husband and wife so rather than putting the spia in joint life status thus reducing the lifetime income, takeout instead a term life policy that would take care of the spouse if the husband passes and put the spia in the husband’s name only maximizing the income!!! Assuming of course that the cost of the policy is less than the decreased amount of guaranteed income had I put the spia in joint life status. My thought is that if I buy the term policy for 500k and 10 yrs later I bite the dust, my wife gets the full 500k whereas if I put the spia in joint life status and die in 10 yrs she will get what remains of the lifetime income which would be less than 500k surely.
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Pls call this man first. I had the 30 min call and financially with most of my money in annuities helped so much. With your spia you need to think about wife yourself your beneficiary's for one special important reason. Buying a spia is great but you lose 100 💯 control of it. If your in the middle or late 60's like me it might be good I'm single. But DONT MAKE A MOVE UNTIL YOU CALL STAN. plus DONT listen to anyone from the place that's trying to get you into it either. That's their job .your spia is IRREVOCABLE. GOOD 🤞
I want to thank you for all your videos. As a single women about to start chapter 2 of my life, your entertaining, but always educational videos, reassured me that I could do this and that I would be ok. God Bless you!
Thank you for the kind words! I’m always here to share knowledge. If you have any questions, please don’t hesitate to reach out to us: www.stantheannuityman.com/book-a-call/
Excellent video - thank you for your candor!
Thanks for watching!
sage advice, Stan. The scars of scarcity run deep.
Thanks for watching!
Great video Stan , and great message. Thanks!
You’re welcome! Thanks for watching.
Stan you're spot on. The problem with many of us is that we've spent a lifetime saving for retirement, and when retirement comes, we have a hard time spending. Annuities can relieve some of the worries, but to your point, it takes a good team to see it through well. Bottom line, you gotta spend money to preserve money.
Ah, I thought you were talking about dressing up as Thurston Howell for real. That's real livin
None of this crap is riding in the coffin to where ever I am headed. The bucket list is definitely going to be rocked until my health sifts through my old wrinkled hands. Travel, nice car, nice food, nice things and pass on a nice junk of change to the offspring. Money is for living,,,, love this video!
You can’t take it with you! Thanks for watching.
You are an eloquent writer! Is writing on your bucket list?
Thank you I will go to your website Now❤
Thanks for watching! If you have any questions, please feel free to book a call with us: www.stantheannuityman.com/book-a-call/
Hi Stan: Lifetime income is my goal. I am learning about annuities and seems like a lifetime annuity would make sense if it would perform similar to a bond ladder but you would pick up some of the pooled mortality risk if you stayed alive. If this is the case why doesn't anyone talk about no guaranteed annuities? I assume removing the guarantee could juice the contractual income by a great degree? If you did not want to make that bet would buying some term insurance be a cheaper way to get some guarantee then doing it within the contract? Figure 60 years of age male in good health. Thanks!
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Good on you Stan
Thanks for watching!
Stan. Are you religious or were you born into a religous family? In some ways you remind me of an old fashioned country preacher.
Stan thank you for being so honest yes people are that stupid.
Anytime! Thanks for watching.
Stan, bought two MYGA’s from you in the last 6 months. Have 25% of IRA in MYGA’s. Love the peace of mind if gives my wife and I. Pulling interest out every month for income. Rates are great so a GREAT time to get a MYGa annuity! Thanks Stan and employees that have helped us.
Thank you so much for the kind words and for trusting us with your financial peace of mind! If you ever need anything or have any questions, we're here to help. Wishing you and your wife continued financial security and peace!
Yes Stan my only concern is inflation and how to address it. As we don’t know how high inflation can get.
Take a look at my video addressing inflation! Reverse Engineer Annuities for Inflation: Shootin' It Straight With Stan ua-cam.com/video/kGMx4hP4Ixo/v-deo.html
I have a question on early retirement roth funded annuities. Watching another channel a host mentioned roth contributions could be used for annuity without penalty before 59.5, but not interest/gains. Is that true for a lifetime annuity? I am hoping to save and buy an annuity or two around age 47, one would be TSP with around half traditional and half roth. The second would be either from my brokerage account or roth IRA, and have the one left as supplimental income along with my hsa for emergencies. If I cannot use the gains on my roth contributions, then that would put a wrench in my plans and I will likely need to use a 72T. The reason I am using Roth is to take advantage of ACA subsidies and basically get free or cheap healthcare 47 to 65, with around half my income Roth. I will have a small pension with cola at 62and ss with cola at 62+. I just turned 36, and have been saving and investing 30-40% of my income for years and am on track for my age 47 retirement goal. Thank you for your time and expertise.
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Your strategy sounds well-thought-out! You’re correct that Roth IRA contributions can be used for certain investments without penalty, but the rules around gains are stricter. For a lifetime annuity, you can use Roth contributions, but earnings will typically be subject to penalties and taxes if accessed before 59½, unless you meet certain criteria. Have you considered how blending Roth and traditional annuities might impact your long-term retirement plans and tax efficiency?
Stan, you should have mentioned the taxation aspect of this. If you move to a state that taxes income, whereas previously living in one with no state income tax, you will be unpleasantly surprised when you have to start paying state income taxes on your annuity income.
What’s the best thing to do with a fixed income annuity that has an income rider when it comes out of surrender? I don’t need the income now
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Those are some colorful flying V's 😊
I know I have annuity given in a trust but what happens when relatives kept it from and court records state that I'm the Decedents Estate like if I passed away dead how does that work if my SSI number should show that I'm alive
How does buying a MYGA with IRA funds happen? I have IRA funds with an online broker that I want to put into a MYGA. Would I hold it inside that same custodial account or do I need a self directed IRA or some other custodian?
Great question, please feel free to book a call with us to discuss! www.stantheannuityman.com/book-a-call/
I fell for Ll the crap ..I didn't know better I wish I saw you first he took all my money and put it into a fixed index annuity and duh and traditional ira...I'm all signed in ..I feel I'm stuck here I'm 61 and it's deferring for 4 yrs should I just accept it???
I’m sorry to hear about that. Please feel free to book a call with us to discuss: www.stantheannuityman.com/book-a-call/
Two thumbs !!!
Thanks for watching!
Great video. You are Stan The Honest Annuity Man.
Thanks for watching!
I had a financial planner try to convince me to roll over $700k from an old 401(k) into an indexed annuity (variable) tied to the s&p. I read the prospectus and learned that dividends are not included in the “return”. I am 45 and told this guy I was interested in growth. This was my first and last experience with a financial planner. Never again.
I’m sorry to hear about that. If you have any questions, please feel free to book a call with us to discuss: www.stantheannuityman.com/book-a-call/
Hey Stan, I read that I can buy a MYGA inside of my IRA. How do I do that? I have Schwab as my custodian. If I take the money out it will be taxed. Do I need to roll it into a self directed IRA? other options? thanks
This video might help answer your question: How to Buy an Annuity: IRA, Non-IRA, Roth IRA? (TAM Classic) ua-cam.com/video/kqtHUjpdPPw/v-deo.html If you have any further questions, don’t hesitate to book a call with us: www.stantheannuityman.com/book-a-call/
Stan. If I buy a 5 year myga. Can I choose on monthly basis to withdraw interest or not to withdraw interest and alternate between the 2 options ? Or do I have to wait till the myga expires to be able to withdraw ?
This video might help answer your question: Retirement Withdrawal Strategies: MYGA ua-cam.com/video/A5xWHmeL9gc/v-deo.html If you have any further questions, don’t hesitate to book a call with us: www.stantheannuityman.com/book-a-call/
How often can you withdrawal 10%?
Great question, please feel free to book a call with us to discuss! www.stantheannuityman.com/book-a-call/
I am not sure why folks like complicated. Social security, pension, annuity income. 20-30% of portfolio in markets. Pass along about 70% principle to heirs through a Foundation. Be worm food. Thanks Stan.
Great insight! Thanks for watching.
Does annuity counting as RMD?
To satisfy your RMD, you would have to withdraw from your annuity. If you have any other questions, don’t hesitate to book a call! www.stantheannuityman.com/book-a-call/
I plan to wait till the end of year when I'll be 66.8 years. If I wait that much longer, my SSI will go up 500.00 month difference plus and I still work 2 part time jobs that consist up to 37 hours. My question to you is my Lincoln Annuity. I still have it with Lincoln and did receive a letter from them that I have to take a certain amount out when I hit 73. Fortunately I don't need it now, but shall I transfer it to my Fidelity Retirement Account. I still work by choice because I still feel like I'm 35. I'm not paycheck to paycheck but If i decide or lose my job...I still have income coming in.
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Thanks Stan, Getting a pension now but worried it could go "poof" when NOT if the economy heads towards depression. How can even the best A+ annuity companies survive to be able to keep paying monthly? Already doing a MIGA with you. Rich "South Cakalacka"
Thanks for reaching out and for being a valued client! This video might have the answer for you: Q&A Friday: Are Annuity Companies Safer Than Banks? ua-cam.com/video/uR5WDb33Trk/v-deo.html If you want to discuss this further, don’t hesitate to reach back out to us!
That's a valid concern, especially in uncertain times. Diversifying with a MIGA is a solid move. Have you considered how combining annuities with other income strategies could enhance your financial security if the economy takes a downturn?
I have two deferred indexed 100K annuities that will reach 10 year maturity next year (I am 71), will provide about 23K together. I have a third 10 Year deferred indexed annuity (133K ) that is only one year old, and will mature when I am 80. All annuities provide lifetime income for my wife and I. My son needed a large sum of money for some legal issues, which came from my high interest savings. Is it worth keeping the 3rd one year old annuity to age 80 or taking the surrender penalty and moving the 118K from that into my pre-tax IRA to invest during the next 9 years? I will lose money, but at least have access to that 118K during that time. Have survived a major stroke and pancreatic cancer, so not sure how making 80 is looking right now - wife is healthy (69). Retired with annual fixed income of 70K. Was contemplating taking the 10% out and this video came at the right time - does not look like a good option now. Thanks for any insight.
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
great advice Stan. Message -- Enjoy your money while you can. Be sure to know why you want to wait...
Thanks for watching!
yes, the older you are the higher the payment BUT the less time you have to spend it.
@StanTheAnnuityMan I have a question that I havent been able to find a video on, or a clear answer anywhere. I need to provide an income for 10yrs to get me from age 50 to 59.5. I have non-qualified savings acct funds and would like to fund a 10year term SPIA if I would not encounter a 10% pre tax penalty since i am under age 59.5, but this may only apply if I was using qualified funds. I am thinking since I am funding it from after tax money, that i would be ok and would only have to pay tax on the interest/gains, like i would on a CD or MYGA, but i dont know for sure. 🤷♂️
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Love your wisdom and education in the annuity world. Thanks
You’re most welcome! Thanks for watching.
Love this!
Thanks for watching!
It was EXACTLY Dave Ramsey videos like that which steered me away from annuities for many years. But I've seen BIG swings in the market and mutual funds over the years, and the closer I got to retirement, the more nervous I got about having all my money at risk in mutual funds. And while CD rates have been good these last couple years, I also know they're going to go down again.. They already have started to dip down. After watching Stan's videos, and many others, I put some of my money in a fixed index annuity with a rider, that will pay me a decent monthly income with no worries. Once I wrapped my head around the idea that I was "Buying myself a lifetime pension", it was a lot easier. Thanks Stan !!
I like this question format. Keep it up!
Thanks for watching!
good video
Thanks for watching!
Enjoy your videos Stan. I took Social Security at 62 because my situation at the time made it a no brainer. (I needed a cash flow coming in even before that....was living off of savings). I am 72 right now, so that is still 4 years away. My bro-in-law did a spreadsheet for me and determined that my break even age would have been 76 (I think he based that on taking it at 65 vs 62).
What kind of dollar amount is needed for a principal to take interest of $500. I understand the rates fluctuate. Just wing it Stan
For me to give you an answer about your specific situation, please feel free to book a call with us! www.stantheannuityman.com/book-a-call/
Sorry, just hit thumbs down. I meant thumbs up😅