Nov 16, 2022
In this episode, The Annuity Man discussed:
- Annuity fake news
- Too good to be true
- What’s at risk
- Fake news on two sides
Key Takeaways:
- If someone tells you all annuities are all bad, it’s either they’re lying to you or that they don’t know what they’re talking about.
- “Market upside with no downside” plus a shiny upfront bonus sprinkled on top to “make up for the losses”? It’s a trap! Index annuities are great CD products and a great delivery system for income riders, but it’s not a miracle solution.
- Don’t make a decision that will jeopardize your retirement based on fake annuity news. Know the facts. Don’t buy the pitch; buy an annuity for what it will contractually do.
- Fake annuity news exists on both sides of the spectrum. Some advisors are ignorant about annuities, and then some sociopathic agents will tell you what you want to hear to get you to sign the paper.
"If it sounds too good to be true, it is every single time. If it sounds too bad, that’s fake too. ‘All annuities are expensive,’ ‘all annuities are bad’ - all this stuff you hear, that's fake annuity news." — 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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