In this episode, The Annuity Man discusses:
- Understanding how a fixed index annuity works, rather than how it is pitched.
- The dangers in backtested numbers (and why they should be illegal in all 50 states).
- Stripping away the complication of the fixed index annuity.
- Shopping around for your annuity and asking for a specimen policy.
Key Takeaways:
- Fixed index annuities can be used as an efficient and cost-effective delivery system for the income rider guarantee.
- The renewal rate is where the game is played with index annuities.
- There are over 700 index options currently available.
- If you want market growth, never buy an annuity.
"Fixed indexed annuities are a good investment if you fully understand how to use them, and fully understand how they are designed, and fully understand the realistic return expectations you should have." — Stan The Annuity Man
Connect with The Annuity Man:
Website: TheAnnuityMan.com
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals
YouTube: Stan The Annuity Man
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