“Fun With Annuities” The Annuity Man Podcast The Annuity Man

In this episode, The Annuity Man and Steve Parrish discuss: 
People don’t understand annuities Preparing for diminished capacity Life expectancy is good and getting better Managing your retirement plan  
Key Takeaways: 
Annuities are not an investment, it’s a form of insurance that makes investments even better. Address problems in advance while you still can. Think about how your bills will be paid, how your money will be invested and how it can be protected from being abused by others when the time comes that your capacity is diminished. Plan to live past the life expectancy age - especially these days where technology was forced to advance to cope with the pandemic.  Retirement is not just an event, it’s a change in life. Think of the behavioral and emotional aspects of it, not just the money. But when it comes to money, keep these three things in mind: your social security, medicare, and your benefit pension plan.   
"Guess who the last person would be that knows that you have diminished capacity - you" —  Steve Parrish
  
Connect with Steve Parrish:
Blog posts: https://www.forbes.com/sites/steveparrish/?sh=61590d633079 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! 

In this episode, The Annuity Man and Bob Carlson discuss: 
Current taxation and retirement climate Changes in Roth IRA rules Strategies you can use to get around IRA changes Donor-advised funds and some investment strategies  
Key Takeaways: 
A lot of proposals are being thrown around, but the votes even out enough to not allow anything to be done yet. There are proposals that completely upend some tax or retirement strategies.  Roth IRA holders are a minority in the eyes of the congress, so it’s easy for them to either make actions that make them mad or paint them as “the evil rich”.  If you or your heirs take the money from your IRA, that’s taxable as ordinary income. Consider how taxes in the future can be very different from ours now. What you can do instead is take the money out of your IRA today, pay the taxes, use the after-tax amount to buy a permanent life insurance policy.  A lot of people favor and back charitable giving because it helps and the tax deduction from it will not be taken away since some from charitable industries argue that some of the things they do are helping the government do its job at helping citizens.   
“I still suspect that they’re gonna come together and get some kind of tax increases in, it’s just not clear at all which ones… but the good news is that big proposals - most of them are off the table. The question now is which of the lesser proposals are gonna get through? Is it gonna be restricted to just the very wealthy or is it gonna trickle down..." —  Bob Carlson
  
Connect with Bob Carlson: 
Website: https://www.retirementwatch.com/ 
Facebook: https://www.facebook.com/RWcommunity 
Twitter: https://twitter.com/RetirementWatch 
Most Recent Book: https://www.amazon.com/Wheres-My-Money-Secrets-Security-ebook/dp/B0853F3R7R  
 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! 

In this episode, The Annuity Man and Leah Brandt discuss: 
Seeing things from the client’s perspective When annuities are bought Making annuities easier to understand Never doing things in moderation  
Key Takeaways: 
If you want to provide excellent service, always ask yourself what you would want if you were the client or what you would want to know if it was your money. How do you want to be guided, if you were the one going through the annuity-buying process? Put yourself in the client’s shoes, put their interests ahead of yours.  You don’t have to pitch annuities to clients if you are able to educate, inform, give examples, answer enough questions and if you treat people like they are professionals.  Practice the skill of being able to talk about your product in a way where it can be understood easily, because if it can be understood easily, then there’d be one less barrier towards purchase.  You’ve already heard people talk about not being half-hearted when it comes to serving others, but that’s kind of a half-hearted statement compared to this: when it comes to service of others, adapt the mindset of never doing things in moderation.   
"Annuities… don’t have to be sold, [they] can be bought. If you give enough education… answer enough questions… you don’t have to try and be pitching anything." —  Leah Brandt
  
Connect with Leah Brandt:
Website: https://theanuityman.com
LinkedIn: https://www.linkedin.com/in/leah-brandt-b383077/ 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! 
 

In this episode, The Annuity Man and Jack Lenenberg discuss: 
The truth about long-term care Transferring annuity to annuity with an IRS 1035 exchange Traditional versus annuity with long-term care  The full customizability of long-term care  
Key Takeaways: 
Long-term care plans are flexible, benefits are guaranteed and you can set up the plan so that if you don’t use the money, it returns to the estate.  An IRS 1035 exchange says you can take a non-IRA annuity using non-qualified assets and transfer them tax free into another annuity.  Traditional policies involve a thorough process and investigation while long-term care annuity policies are the easiest - you can get approval in a day and it takes about 45 minutes. Annuity policies multiply the money we deposit, they will triple your money and provide you long-term care benefits.  Long-term plan is fully customizable from the standpoint of amount of money, inflation, and length of time.   
"Everyone is living longer today and the cost of care is increasing tremendously with inflation. So it’s important to plan for it. " —  Jack Lenenberg
  
Connect with Jack Lenenberg:
Website: www.LTCPartner.com 
LinkedIn: www.linkedin.com/in/jacklenenberg 
Twitter: www.twitter.com/LTCPartner 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! 

In this episode, The Annuity Man and Terry Savage discuss: 
Is inflation going to be transitory?  Getting ready for a collapse The Great Resignation Technology’s effect on markets  
Key Takeaways: 
We have a lot of components of permanent inflation being injected into the economy along with the shortages of goods.  No one knows for sure that a collapse is coming - everyone can be a little right and a little wrong. But it’s better to be ready and disciplined than to be very wrong at the very worst time, losing all your ability to adjust to the change.   We not only helped people who are needy but we incented them to not go back to work. COVID is still out there and people are now more afraid to go back to work.  Technology has allowed the economy to be less volatile, improved the market’s liquidity and allowed better raising of capital.  Decide who you are. Know yourself and understand the place in history where you’re at right now and recognize the risks, the upsides and the downsides.   
"Good judgement comes from experience and experience comes from bad judgement." —  Terry Savage
  
Connect with Terry Savage:
Website: https://www.terrysavage.com/ 
LinkedIn: https://www.linkedin.com/in/thesavagetruth/ 
Twitter: https://twitter.com/Terrytalksmoney 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator! 

In this episode, The Annuity Man and Tom Hegna discuss: 
Mortality credits: the secret sauce of annuities Trends in life expectancy Predicting the economy and preparing for market downs Making healthy choices for a happy retirement  
Key Takeaways: 
The mortality credits are probably the highest that we’re going to see for the rest of our lives, there’s no better time to get annuities than right now.  In the previous pandemic, we saw a rise in life expectancy after the end of it as it forced technology and medicine to progress to help people survive - so it might very well be how this current pandemic will shape the future. In the same vein, life expectancy is longer for people with annuities.  Hope for the best, plan for the worst and have a happy retirement! Get multiple annuities, expose only a minimum amount of your portfolio to crypto - be careful of companies that use crypto as a “carrot on a stick” Watching what you eat and doing simple exercises daily can do a lot to improve your health and enrich your life in the long run. When you’re at your retirement age, you’re gonna want to still be able to carry yourself to do whatever it is that could make the rest of your life happy. Having a lot of wealth, without a lot of health doesn’t do anyone any good.  
"The evidence is overwhelming that the people with annuities live longer. Because they have less stress, they worry less, they’re being paid to live so many of them live differently - they watch what they eat, they exercise, they call the doctor. All these little things cause them to tend to live longer. " —  Tom Hegna
   
Check out Tom’s Books here: https://tomhegna.com/shop 
 
Connect with Tom Hegna:
Website: https://tomhegna.com/ 
LinkedIn: https://www.linkedin.com/in/tomhegna 
Facebook: https://www.facebook.com/TomHegnaSpeaks/ 
Twitter: https://twitter.com/tomhegnaspeaks 
Pinterest: https://www.pinterest.ph/retirehappynow/ 
Youtube: https://www.youtube.com/c/tomhegna 
 
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 
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!