Disadvantages Of Fixed Index Annuities

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  • Опубликовано: 27 авг 2024

Комментарии • 45

  • @nishiki393
    @nishiki393 4 года назад +3

    thanks for telling it straight Stan!

  • @jackw4882
    @jackw4882 3 года назад

    It's nice to know the meat and bones about index annuities without a pitch...looking forward to reading your free books,.

  • @DaystarHiker
    @DaystarHiker Год назад +1

    I am considering putting 40-50% of my portfolio into a FIA with income rider, to avoid the sequence of returns risk (if I had retired last year, I would be hurting) and leave the rest in low cost equity index funds. With my income needs secure (between FIA and SSI) I can let the equity portfolio make it's own journey unmolested.

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      Let’s discuss this. Please feel free to book a call with me!
      www.stantheannuityman.com/book-a-call/

    • @StressLessFinancial
      @StressLessFinancial Месяц назад

      Diversifying your portfolio with a Fixed Indexed Annuity (FIA) and equity index funds is a thoughtful approach! How do you plan to monitor and adjust this strategy over time to ensure it continues to meet your retirement income goals?

  • @sarahkutzer1222
    @sarahkutzer1222 4 года назад

    Can't wait to read the free books 🙂

  • @bobjustice8014
    @bobjustice8014 4 месяца назад +1

    Is the future long term health care rider the same as the future income rider, only worse because you can;t get the mony until you go into a home or die?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  4 месяца назад

      Great question, please feel free to book a call with us to discuss!
      www.stantheannuityman.com/book-a-call/

  • @jasonhansen5783
    @jasonhansen5783 Год назад +2

    "CD like" returns is very misleading! I have clients that had double digit returns credited to their FIA from 2010 to 2020. Obviously not the last 2 years. Misinformation like this is why people don't trust financial proffesionals!

    • @DaystarHiker
      @DaystarHiker Год назад

      Double digit! What index were they using? What was the cap on the index?

    • @Tnuts0311
      @Tnuts0311 Год назад

      Yeah this guy doesn’t accurately represent FIAs. Athene and F&G performance products average above 10 and even 15% returns

    • @louielouie1688
      @louielouie1688 Год назад

      Not my F&G index annuity!

  • @gk_filer
    @gk_filer 2 года назад

    Caps, Participation rates, spreads etc are not stable values they can change every year by the Insurance Company
    The Hypothetical Illustrations show Rollup ROR based on past year index data but assumes nothing else in the equation is in flux
    Thanks for reminding me about the lack of Dividends on the Call options

    • @StressLessFinancial
      @StressLessFinancial Месяц назад

      You bring up important points about the variability of caps, participation rates, and spreads in annuities. How do you approach understanding and managing these fluctuations when planning your retirement income strategy?

  • @joeaguilar-teacherofthewor4166
    @joeaguilar-teacherofthewor4166 3 года назад

    Excellent information. Thanks.

  • @mahmoudaderob3647
    @mahmoudaderob3647 2 года назад

    Great information

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад

      Glad it was helpful!

    • @mahmoudaderob3647
      @mahmoudaderob3647 2 года назад

      @@StanTheAnnuityMan Are you still offering free books? If so, I am interested in that. Please let me know . Thank you

  • @andycordova5562
    @andycordova5562 3 года назад +1

    Can I and should I use a FIA as a volatility buffer?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  3 года назад

      Any fixed annuity is a volatility buffer….because it’s fixed. The question is, what do you want the $$ to do? Lifetime Income? Principal Protection? FIAs are principal protection products that product a CD/MYGA type return and are an efficient and cost effective delivery systems for income riders. Just don’t fall for the common and misleading “market upside with no downside” FIA sales pitch. Only one part of that is true….the “no downside” part. Thanks for watching!

  • @mayacowans9925
    @mayacowans9925 2 года назад

    Hey Stan I just subscribed. How do I get those great books?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад

      Maya - here is the link to sign up for the books. www.stantheannuityman.com/how-do-annuities-work/

  • @sandrahelenes
    @sandrahelenes 2 года назад

    Thanks for the information. Very interesting. Like to know how long is a typical timeframe for owning a fixed income annuity? Thanks again

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад

      I'm not sure I understand your question. How long a fixed income annuity is owned depends on when how old the person is when they purchase it and when they die since an income annuity is generally for lifetime income.

    • @sandrahelenes
      @sandrahelenes 2 года назад

      @@StanTheAnnuityMan Let me understand. If I want to get my principal back in 10 years, for example, can I? Is there any penalty?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад

      @@sandrahelenes Are you talking about a Fixed INDEX Annuity which is what this video is about or a Fixed INCOME Annuity, which is what you asked about? They are two different types of annuities. One is for principal protection (Index). The other (Income) is for providing a guaranteed lifetime income and generally can't be cashed out. Most Fixed Index Annuities have a decreasing surrender schedule and can be taken out without penalty at the end of that period (4 - 10 years depending on the product). Head over to my website and I will send you my books about annuities free of charge. www.stantheannuityman.com/how-do-annuities-work/. Thanks for watching.

    • @sandrahelenes
      @sandrahelenes 2 года назад +1

      @@StanTheAnnuityMan sorry, a fixed INDEX ANNUITY. I did send for your book. Thanks so much for your attention to my questions.

  • @uzziyahuim-ul4666
    @uzziyahuim-ul4666 2 года назад +1

    Stan the man. Great videos. I'm looking to retire and the information you gave was great. It's 2022 and I'm looking for those books you're giving away.

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад

      If you haven't ordered them already, you can do that here: www.stantheannuityman.com/how-do-annuities-work. Thanks for watching!

  • @tookus100
    @tookus100 3 года назад +1

    Hi Stan...CD like returns...so the highest CD return is 55 basis point...(a little more that one half percent) as of March 2021..is this is what I can expect from Fixed index annuities historical performance?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  3 года назад

      Richard - it will vary, but when I say CD type returns I mean 2% - 4%. Sometimes more, sometimes less. As we know, CDs are extremely low right now.

  • @daveyjones8276
    @daveyjones8276 Год назад

    Get a MYGA 5.5%

  • @rjmurray5128
    @rjmurray5128 2 года назад

    Appreciate the great info Stan, What is your thoughts of the Allianz 222 FIA? I'm on my 7th year and yes its pretty much performs with CD-like returns of about 2-4% but no risk of loosing anything. If I decide to not go ahead with the income after 10 years, can I just cash it out and not have any penalties? will turn 59 1/2 in 2026. Thanks!

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  2 года назад +1

      RJ - I don't discuss specific products on this platform. Since we didn't sell this to you, please contact Allianz (800.950.5872) for information about your product.

  • @zenaidababcock3238
    @zenaidababcock3238 3 года назад

    what is fixed annuity income creator (is the income creator) same as income rider?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  3 года назад

      I'm not sure what you mean, but many Fixed Indexed Annuities offer an optional income rider that can guarantee lifetime income.

  • @davidwhyman1189
    @davidwhyman1189 3 года назад

    What is this "CD" you keep talking about?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  3 года назад

      CD refers to Certificate of Deposit. Thanks for watching.

    • @barrystover9860
      @barrystover9860 3 года назад +2

      Stan, your explanation was right on. I own one fixed index annuity. I understood it when I purchased it, and it’s only a small % of my total retirement nest egg. But will actually will be a good income stream with the income rider I purchased. It’s certainly a conservative investment but since I’m near retirement age, it fits perfectly into my bucket of conservative money. Its only for the right person and for the right reasons. I am actually more aggressive than most my age but for the safe bucket it works. You always hit the nail on the head.

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  3 года назад +2

      @@barrystover9860 That is great! Thanks for watching!

  • @billhickman7903
    @billhickman7903 Год назад

    Constant pumps the books which must have a catch. Sales,
    Shirt n hats..come on man..really...

  • @LawGiver
    @LawGiver 2 года назад

    Jimmy Carter isn’t in office…