I wish I was learned 4 months ago you are fantastic . now I feel I wasn't someone who even needed an annuity. at all .. I was punched into it .and I'm getting out before my 30 days
@StanTheAnnuityMan3 ай бұрын
Sorry to hear about that. If you have any questions, don’t hesitate to reach out to us. www.stantheannuityman.com/book-a-call/
@Visionary00013 жыл бұрын
Stan is brilliant an exploring, understanding, and explaining the important mechanics of FIAs. Most insurance people are great at selling FIAs, but they cant explain the nuts and bolts like this guy can. Thanks, Stan!
@StanTheAnnuityMan3 жыл бұрын
You are welcome. Thanks for watching!
@gk_filer Жыл бұрын
So today CD rates near 5.5% 8/14/2023 ....Expected FIA's Interest would be 6% or so?? Thanks Great Video BTW. So there are 2 moving parts for Interest...CD like corporate Bond rates and S&P 500 rates caped at say 10%......Still confused
@StanTheAnnuityMan Жыл бұрын
Great question, please feel free to book a call with me to discuss: www.stantheannuityman.com/book-a-call/
@davidc42383 жыл бұрын
Thanks Stan. Very informative I have fixed indexed annuities.
@StanTheAnnuityMan3 жыл бұрын
Glad it was helpful! Thank you for watching!
@badguy14812 жыл бұрын
You're correct. You can expect 1-3% return per year (but remember, you have to add on the return from the promotional 20 or 30 or 35% they give you up front). Those returns plus the return from the bonus DEFINES the "pension" checks will will get from the annuity company..FOR AS LONG AS YOU LIVE. AND.....any money that's left over, your KIDS will get (as long as they follow the annuity company rules and take the money out slowly, over a period of years).. So...for a conservative investor who wants the security of wealth preservation PLUS some wealth (1-3%) increase over time PLUS a guaranteed monthly pension check....NOT A BAD DEAL! I've done options before (buying and selling)....THAT AIN'T EASY! Let the professionals do it!
@StanTheAnnuityMan2 жыл бұрын
You sound like an agent that likes to sell bonuses. I'm glad you agree that FIAs don't have the return that is sometimes hyped, but you bring up the large upfront bonuses. If the bonus give you the best GUARANTEED "pension" checks GREAT! But in our analysis, the big bonus FIAs do not usually provide the highest guaranteed income. Additionally, the bonus is not part of the value that is left for the beneficiaries unless certain rules are followed - i.e. taking the money over a period of time. In most cases the bonus is for income only and if the income isn't the highest guaranteed number it doesn't matter how large the bonus is.
@jessiwells70602 жыл бұрын
I have an index annuity. Is that the same as a fixed?
@StanTheAnnuityMan2 жыл бұрын
An index annuity is a type of Fixed Annuity.
@firemedic5422 жыл бұрын
I just started watching your videos this morning. After attending a bad chicken dinner seminar last night, I’m glad my intuition was telling me to do more research. Thank you for explaining FIA’s to us so that we can understand the upsides and downsides and also understanding that this isn’t a market investment. Comparing a FIA to a CD is probably the easiest way for me to understand the logic behind them. Thank you very much, Stan!
@StanTheAnnuityMan2 жыл бұрын
Michael, you are very welcome. For more information, head over to my website. TheAnnuityMan.com
@abhijitbaner2 жыл бұрын
what you have mentioned about buying options does not make sense; if companies buy 'call' options, we are paying a premium for a right to tap in to unlimited profits; the premiums are fairly large & cannot be accounted by what you term as putting money into bonds; it is not clear how indexed annuities are managed internally
@StanTheAnnuityMan2 жыл бұрын
The majority of the premium placed with an annuity company is used to purchase bonds to support the guarantees in the contract. A small portion is used the purchase the options. The options purchased by the insurance company have the "levers" built in. Participation Rate, cap, and/or spread. If the option returns a gain, all of the gain is credited to the policy. If the options do not return a gain, the expire and no credit is given the policy. I hope this helps.
@SlotstheMetaphysicalwa2 жыл бұрын
You are too funny on the clothes LOL
@WillyCHINA3 жыл бұрын
As someone who is new to annuities, this is gold!
@StanTheAnnuityMan3 жыл бұрын
I'm glad you find the videos helpful. Be sure to check our out podcast - Fun with Annuities, available on all podcast platforms and KZbin. Thanks for watching!
@davidc42384 жыл бұрын
Thank you. Very informative
@StanTheAnnuityMan4 жыл бұрын
Thanks for watching!
@jimbo73003 жыл бұрын
Great video. Question for anyone that can answer it: As mentioned, an annuity company is immediately required to buy investment grade bonds to protect the floor. If the FIA is a 10 year product (for example), and interest rates happen to rise during that 10 year period, wouldn’t the annuity company lose a significant amount of money reselling those same bonds on the market at a discount? I understand they would have received the semi annual interest payments in the meantime, but wouldn’t they lose a substantial amount of money when reselling these? Or do they simply buy 10 year bonds and hold them to maturity? Thanks.
@StanTheAnnuityMan3 жыл бұрын
@@jimbo7300 They hold the bonds until maturity. That is why there can be substantial surrender charges if the policy is cashed in before the end of the term. The insurance company may need to sell the bonds backing the policy. Thank you for your question and for watching!
@jimbo73003 жыл бұрын
@@StanTheAnnuityMan Great. Thanks, much appreciated.
@andrewgiacomini93993 жыл бұрын
There are carriers that offer uncapped FIAs with average rates of return over the past 10 to 15 years of 7.8% to nearly 9% and the interest can be locked during each contract year. There is a 1% charge for the 2 indexes with the interest lock but they still outperform the non-fee indexes (Midland RetireAdvantage 10). These average returns are higher than CD rates....what are your thoughts on uncapped FIAs?
@StanTheAnnuityMan3 жыл бұрын
Based on the average return of FIAs since they have been released it is a 3 - 5% return. Yes some can have larger returns in some years but on average you can expect CD type returns. If you are looking to maximize potential returns then an uncapped strategy is the way to go, but do not expect 7% every year or even on average. The products were not built for that.