069 Mr. FIA-X: More Index Annuity Secrets

10/08/2021 54 min Temporada 3 Episodio 69
069 Mr. FIA-X: More Index Annuity Secrets

Listen "069 Mr. FIA-X: More Index Annuity Secrets"

Episode Synopsis

In this episode, The Annuity Man and FIA-X discuss:  Upfront bonuses on annuity and other bonuses to be wary of  Looking for contractual guarantees in annuity contracts Uncapped products and other "modifiers" Monthly sum - what they're actually saying   Key Takeaways:  Buying an annuity for the upfront bonuses is like buying a car to get the stereo  Stay smart out there. Companies are never a charity unless they state it, you're never going to get free money. When someone is selling something for free, or saying they'll give you money, be wary of that person.  There's no way you'll find an uncapped product with 100% participation rate with no fees, where you put your money in them and just let it run. There is always a catch.  Think about the downside. In a monthly sum, the downside is unlimited. They make it pretty, but you need to think about the facts.    "Think about a magician… with sleight of hand, they distract you while they're pulling your watch off. That's exactly what bonuses are that they wiggle for you to miss the other things" —  FIA-X   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! 

More episodes of the podcast "Fun With Annuities" The Annuity Man Podcast