Annuity Companies Aren't Smarter: Shootin' It Straight With Stan

In this episode, The Annuity Man discussed:  Will there be a "run" on an annuity company?  How annuity companies manage bonds  There's no run on lifetime income   Key Takeaways:  Annuity companies are not smarter or better than banks; they are just more regulated. They also put things in place so there can't be a run on the annuity company.  Annuity companies and banks are buying the same investment-grade bonds. However, unlike banks, annuity companies don't have to sell them, so they hold on to them.  Contractual lifetime income is irrevocable, the annuity company is on the hook to pay as long as you are breathing, and when you die, 100% of any unused money goes to your beneficiaries. The income stream amount is a combination of a return of principal plus interest.    "The bottom line: the annuity industry has put in place features to not only protect you, the consumer, which is their ultimate goal period but to protect the industry as well." —  Stan The Annuity Man.    Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!