This is a very good video. I prefer not to relinquish control of my money by buying an annuity (SPIA). My preferred strategy is to control my money and fate, by buying an index ETF mirroring the S&P 500. I will withdraw my money in a strategy involving a growing annuity model that I control. If you hold on to an S&P ETF for 25 yrs., your CAGR will range from 5.9 to 17.2%. You are way ahead of what an annuity can do for you, without relinquishing control of your fate.
@thejourney671220 сағат бұрын
What a waste of time, people just want rough estimates
@GeorgeHall-i4n22 сағат бұрын
Stan--another great video. You are really providing a great service. Stay well.
@SuperMatrix59Күн бұрын
Deferred Dosnt pay out as much as an immediate if you get a deferred that starts say 2 years or 3 wouldn't the pay out be less and your exposed to the stark markets UPS and downs ?
@littlered4122Күн бұрын
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.
@maxlilo3Күн бұрын
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.
@eldi263Күн бұрын
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!
@kandd34672 күн бұрын
Excellent video - thank you for your candor!
@billjonas99022 күн бұрын
sage advice, Stan. The scars of scarcity run deep.
@MorganP-ov9kn3 күн бұрын
*Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@lorijackson14673 күн бұрын
Waking up every 14th of each month to 210,000 dollars it’s a blessing to I and my family… Big gratitude to Maria Frances Hanlon🙌
@MercyBouders3 күн бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@Neenjalake3 күн бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Maria Frances Hanlon, has been an amazing experience.
@AyarrQuin3 күн бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
@kaliyaMembers3 күн бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Maria Frances 😊🎉
@wayned75863 күн бұрын
Great video Stan , and great message. Thanks!
@StanTheAnnuityMan3 күн бұрын
You’re welcome! Thanks for watching.
@Blublod4 күн бұрын
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.
@dennismoore79354 күн бұрын
Ah, I thought you were talking about dressing up as Thurston Howell for real. That's real livin
@Carnakr14 күн бұрын
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!
@StanTheAnnuityMan3 күн бұрын
You can’t take it with you! Thanks for watching.
@johnbrennick87382 күн бұрын
You are an eloquent writer! Is writing on your bucket list?
@francesmoran23264 күн бұрын
Thank you I will go to your website Now❤
@StanTheAnnuityMan3 күн бұрын
Thanks for watching! If you have any questions, please feel free to book a call with us: www.stantheannuityman.com/book-a-call/
@matthewbe194 күн бұрын
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!
@StanTheAnnuityMan4 күн бұрын
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/
@davidlabsire19444 күн бұрын
Good on you Stan
@StanTheAnnuityMan4 күн бұрын
Thanks for watching!
@harrylessinger57695 күн бұрын
Stan. Are you religious or were you born into a religous family? In some ways you remind me of an old fashioned country preacher.
@nrpforty5 күн бұрын
Stan thank you for being so honest yes people are that stupid.
@StanTheAnnuityMan4 күн бұрын
Anytime! Thanks for watching.
@jeffjudymoler93865 күн бұрын
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.
@StanTheAnnuityMan5 күн бұрын
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!
@stevenbruggeman74915 күн бұрын
Yes Stan my only concern is inflation and how to address it. As we don’t know how high inflation can get.
@StanTheAnnuityMan3 күн бұрын
Take a look at my video addressing inflation! Reverse Engineer Annuities for Inflation: Shootin' It Straight With Stan kzfaq.info/get/bejne/oa19q5eZtZqtqKM.html
@35goingon906 күн бұрын
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.
@StanTheAnnuityMan5 күн бұрын
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/
@Blublod7 күн бұрын
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.
@MaryKayWimmer7 күн бұрын
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
@StanTheAnnuityMan5 күн бұрын
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/
@fitnessmusicandtravel95297 күн бұрын
Those are some colorful flying V's 😊
@user-rp5uq9bg4o7 күн бұрын
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
@danduley62827 күн бұрын
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?
@StanTheAnnuityMan7 күн бұрын
Great question, please feel free to book a call with us to discuss! www.stantheannuityman.com/book-a-call/
@georgemarsilio51228 күн бұрын
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???
@StanTheAnnuityMan7 күн бұрын
I’m sorry to hear about that. Please feel free to book a call with us to discuss: www.stantheannuityman.com/book-a-call/
@nrpforty8 күн бұрын
Two thumbs !!!
@StanTheAnnuityMan7 күн бұрын
Thanks for watching!
@DS-xl1ro8 күн бұрын
Great video. You are Stan The Honest Annuity Man.
@StanTheAnnuityMan7 күн бұрын
Thanks for watching!
@hwan888 күн бұрын
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.
@StanTheAnnuityMan7 күн бұрын
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/
@danduley62829 күн бұрын
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
@StanTheAnnuityMan9 күн бұрын
This video might help answer your question: How to Buy an Annuity: IRA, Non-IRA, Roth IRA? (TAM Classic) kzfaq.info/get/bejne/odeke7ib1cq0gKs.html If you have any further questions, don’t hesitate to book a call with us: www.stantheannuityman.com/book-a-call/
@maxlilo39 күн бұрын
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 ?
@StanTheAnnuityMan9 күн бұрын
This video might help answer your question: Retirement Withdrawal Strategies: MYGA kzfaq.info/get/bejne/d5uoiqueyrKdl5c.html If you have any further questions, don’t hesitate to book a call with us: www.stantheannuityman.com/book-a-call/
@barbaraperry279611 күн бұрын
How often can you withdrawal 10%?
@StanTheAnnuityMan10 күн бұрын
Great question, please feel free to book a call with us to discuss! www.stantheannuityman.com/book-a-call/
@Carnakr112 күн бұрын
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.
@StanTheAnnuityMan10 күн бұрын
Great insight! Thanks for watching.
@nhango407312 күн бұрын
Does annuity counting as RMD?
@StanTheAnnuityMan10 күн бұрын
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/
@billschindler138112 күн бұрын
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.
@StanTheAnnuityMan11 күн бұрын
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/
@richelmquist495112 күн бұрын
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"
@StanTheAnnuityMan9 күн бұрын
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? kzfaq.info/get/bejne/q7hliqeTmJm4op8.html If you want to discuss this further, don’t hesitate to reach back out to us!
@DavidS-ys2ct14 күн бұрын
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.
@StanTheAnnuityMan13 күн бұрын
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/
@60532carolannsmith14 күн бұрын
great advice Stan. Message -- Enjoy your money while you can. Be sure to know why you want to wait...
@StanTheAnnuityMan13 күн бұрын
Thanks for watching!
@johngerard321815 күн бұрын
yes, the older you are the higher the payment BUT the less time you have to spend it.
@Sackattack_15 күн бұрын
@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. 🤷♂️
@StanTheAnnuityMan14 күн бұрын
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/
@Paka626715 күн бұрын
Love your wisdom and education in the annuity world. Thanks
@StanTheAnnuityMan14 күн бұрын
You’re most welcome! Thanks for watching.
@TVHouseHistorian15 күн бұрын
Love this!
@StanTheAnnuityMan14 күн бұрын
Thanks for watching!
@miked572815 күн бұрын
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 !!
@wayned758615 күн бұрын
I like this question format. Keep it up!
@StanTheAnnuityMan14 күн бұрын
Thanks for watching!
@stevelee666716 күн бұрын
good video
@StanTheAnnuityMan14 күн бұрын
Thanks for watching!
@kennethhumpf650216 күн бұрын
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).
@karenwischnefski899216 күн бұрын
What kind of dollar amount is needed for a principal to take interest of $500. I understand the rates fluctuate. Just wing it Stan
@StanTheAnnuityMan14 күн бұрын
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/