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“Fun With Annuities” The Annuity Man Podcast

Aug 17, 2022

In this episode, The Annuity Man discussed: 

  • What “zero is your hero” means 
  • Dirty tactics that agents use to sell annuities 
  • A more rational alternative CD product 
  • Zero is not your hero 


Key Takeaways: 

  • The phrase “zero is your hero” means that when the market goes down, you will not lose any money. In this world that we live in, you should always be getting some interest on your money. 
  • Be wary of these two dirty tactics agents use to sell annuities: back-tested numbers and upfront bonuses. Don’t base your decision on the past; base it on the future. Don’t buy a product for the upfront bonus. Also, there’s no such thing as a “market upside with no downside.” 
  • Instead of buying a product where you’re locked in seven to ten years, why not buy a MYGA? It’s a CD product where you can lock in on shorter terms of one, two, three, four, or five years. 
  • Zero is not your hero. If zero is your hero, you might as well dig a hole and put all your money in it. If anyone tells you that zero is your hero, just tell them to shut up. Be rational, don’t buy the dream. 


"Zero is not your hero. We are in inflationary times. I don’t care if we’re in inflationary times or not; you need your money to grow. Period. " —  Stan the Annuity Man



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