Ep 89: Mr. FIA-X: The Empty Promises Behind Fixed Index Annuities
Update: 2021-12-28
Description
In this episode, The Annuity Man and Mr. FIA-X discuss:
- Avoiding upfront bonuses
- Prioritizing the interests of the consumer
- Market-like returns
- The worst-case scenario for annuities
Key Takeaways:
- Don’t let yourself be fooled by upfront bonuses and not everybody needs an income rider. Be reminded that the purpose of annuities is to transfer your risk.
- If you hear the sales pitch that you’ll get ‘market-like returns’, take your money and run. They don’t know what they’re talking about.
- Index annuities are not an investment, they're transfer risk, principle protection products because the worst-case scenario is that you don’t lose any money.
“Don’t ever-ever-ever confuse features on an annuity with benefits. Never” — Mr. FIA-X
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
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