In this episode, The Annuity Man discussed:  Explain your annuity to a nine-year-old Why annuities seem complicated  Ask for contractual guarantees  Don't buy an annuity for market return   Key Takeaways:  You should be able to explain the annuity that you're getting ready to buy or considering buying to a nine-year-old. You should be able to explain the annuity type, how it functions, how it works, and what are the limitations and benefits of it.  Annuity contractual guarantees are simple and easy to understand, they're not complicated. It is the sales pitch given by agents and advisors that makes them complicated.  If someone is pitching you something that sounds too good to be true then it is, without exception. Ask the agent to show you contractual guarantees. Ask them what would be the worst-case scenario.  If you're looking for real market returns, then don't buy an annuity go in the markets so you can get real upsides.    "Annuity contractual guarantees are simple and easy to understand. It's the non-guaranteed part that gets people confused and making bad decisions. Make your decision on what an annuity will do, not what it might do." —  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!   

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