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You Already Own 2 Annuities (Here’s Why): Shootin' It Straight With Stan

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Manage episode 509449718 series 2798004
Content provided by The Annuity Man. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Annuity Man or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, The Annuity Man discussed:

  • The best inflation annuity on the planet

  • The second annuity you already own

  • RMDs are an annuity payment

Key Takeaways:

  • Annuities that adjust for inflation offered by the private sector have their initial payments drastically lowered to make up for the index increase. You don’t need to get that because you already own the best inflation annuity on the planet: Social Security.

  • The second annuity you might already own is attached to your Individual Retirement Account. A 401k, 403b, or 457 is a tax-deferred type that you’re eventually going to roll into an individual IRA.

  • Your Required Minimum Distribution is also an annuity. It creates an annual lifetime income stream. As long as you have IRA assets, you’re going to have to take RMDs.

"You definitely own one [annuity], you most likely own two, and you could own three - so what does that mean to you? That income floor takes you through chapter two of your life." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

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!

  continue reading

304 episodes

Artwork
iconShare
 
Manage episode 509449718 series 2798004
Content provided by The Annuity Man. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Annuity Man or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, The Annuity Man discussed:

  • The best inflation annuity on the planet

  • The second annuity you already own

  • RMDs are an annuity payment

Key Takeaways:

  • Annuities that adjust for inflation offered by the private sector have their initial payments drastically lowered to make up for the index increase. You don’t need to get that because you already own the best inflation annuity on the planet: Social Security.

  • The second annuity you might already own is attached to your Individual Retirement Account. A 401k, 403b, or 457 is a tax-deferred type that you’re eventually going to roll into an individual IRA.

  • Your Required Minimum Distribution is also an annuity. It creates an annual lifetime income stream. As long as you have IRA assets, you’re going to have to take RMDs.

"You definitely own one [annuity], you most likely own two, and you could own three - so what does that mean to you? That income floor takes you through chapter two of your life." — Stan The Annuity Man.

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

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!

  continue reading

304 episodes

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