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“Fun With Annuities” The Annuity Man Podcast

Apr 19, 2023

In this episode, The Annuity Man discussed: 

  • Will there be a “run” on an annuity company? 

  • How annuity companies manage bonds 

  • There’s no run on lifetime income


Key Takeaways: 

  • Annuity companies are not smarter or better than banks; they are just more regulated. They also put things in place so there can’t be a run on the annuity company. 

  • Annuity companies and banks are buying the same investment-grade bonds. However, unlike banks, annuity companies don’t have to sell them, so they hold on to them. 

  • Contractual lifetime income is irrevocable, the annuity company is on the hook to pay as long as you are breathing, and when you die, 100% of any unused money goes to your beneficiaries. The income stream amount is a combination of a return of principal plus interest. 


"The bottom line: the annuity industry has put in place features to not only protect you, the consumer, which is their ultimate goal period but to protect the industry as well." —  Stan The Annuity Man. 


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