In this episode, The Annuity Man discussed:
- What are Black Swan Events?
- How current events affect everything
- Making a decision solely for your life
- Considering guarantees always
Key Takeaways:
- When something strange happens, something you’re not prepared for, something you’re not used to seeing, or an event that’s entirely unique, then it’s a black swan.
- In just 90 days, we’ve seen interest rates move up and then down because of Russia's invasion of Ukraine. This event affects everything.
- Forget the black swan event. Making decisions around annuities should always be based on your situation, about what you’re trying to do right now.
- Own an annuity not for what it might do but for what it will do. It should always come down to the contractual guarantees.
" Fear and greed always sell, but please don’t allow that to happen to you. Black swan events do happen - it seems that they happen a lot. You cannot put your retirement plans on hold for a black swan event." — Stan Haithcock.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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