Nov 9, 2022
In this episode, The Annuity Man discussed:
- How different your life could be with more money
- Retiring from work and the markets
- Investing safely and smartly
- Living off of guarantees
Key Takeaways:
- People in the news and most financial advisors will tell you always to keep money in the markets, but you have to ask yourself this: will more money make your life any different?
- If you love the ups and downs of the markets and treat it like a passion or a hobby, then it’s alright to stay in it, but most people out there should be retiring both from work and the markets.
- When you invest money in the market, invest an amount that you won’t care about, something that won’t keep you up at night or upset your plans if you lose.
- Remember the trifecta of safe money: MYGAs, CDs, and treasuries, which you can get at treasurydirect.gov. These three provide guaranteed annual interest rates, and you can live off of these guarantees.
"Retire from your job, retire from the markets. Live your life. There are no U-Hauls behind hearses; you can’t take it with you." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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