In this episode, The Annuity Man discussed:
A simulation doesn’t provide contractual guarantees
Contractual guarantees for your chapter two
You’ve more than earned the right to finally live your life
Key Takeaways:
Don’t fall for what a Monte Carlo simulation shows; it doesn’t prove anything. Ask them if any of it is contractually guaranteed, and you’ll hear from them yourself that, at the end of the day, it’s all hypothetical.
When you’re in chapter two of your life, you don’t need to track the markets as you’ve always done. You don’t want to have to worry if the market goes down or if inflation goes on forever. What you need is contractual guarantees.
You’ve worked hard for the money, saving and watching the ups and downs of the market. You’ve earned your right to have contractual guarantees and an income floor. You’ve earned the right to finally live your life.
"Stanicarlo simulations aren't simulations. Stanicarlo simulations are contractual guarantees. Why is that important? Because annuities are contractual guarantees. You're on them for what they will do, not what they might do. Period. End of story."
— Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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