044: How to Shop for Annuity Rates Like a Pro!

In this episode, The Annuity Man discusses:  What is meant when we talk about annuity rates.  The three primary lifetime income products in the annuity world. Falling in love with the contractual number, no the carrier.  Understanding what you're trying to solve for and how rates apply to your specific situation.   Key Takeaways:  In the annuity world, "rates" does not always mean interest rates. Rates can also mean life expectancy.  Interest rates play a secondary role - life expectancy drives the train with all lifetime income.  People have been waiting for rates to go up, but there is no guarantee on rates going up. They could still go down. Nobody knows what is going to happen with the rates. Rates can mean a couple of things in the annuity world. If you're looking for an annuity, you need to know what you're trying to do with the annuity before you know what rate you are talking about.    "With lifetime income, you can customize the payments to work exactly like you want them to work." —  Stan The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: Owner's Manuals  YouTube: Stan The Annuity Man  Get a Quote Today!