029: Retirement Annuities: Which Type Is Right For You?

In this episode, The Annuity Man discusses:  The limitations and benefits of the different types of annuities.  Knowing if an annuity is right for you or not.  All of the annuities can be used in the different types of accounts out there - it just changes how it is taxed.  Reverse engineering to plan your annuity.    Key Takeaways:  Annuities are the only product on the planet that guarantee a lifetime income stream, it's a monopoly that only annuities have. If you do not need to contractually solve for one four things - principal protection, income for life, legacy long term care, confinement care - you do not need an annuity. You will be a better investor when you have your income floor in place.  Annuities are commodities - shop for them like you would for plane tickets.    "Don't fall for the sizzle because you're going to own the steak. Don't fall for the sales pitch dream, because you're going to own the contractual reality." —  The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: SPIA Owner's Manual  YouTube: Stan The Annuity Man  Get a Quote Today!