In this episode, The Annuity Man discussed:  What annuities solve for  Transfer of risk  The three phases of retirement    Key Takeaways:  Annuities solve for PILL: Principal protection, Income for life, Legacy, and Long-term care. There's no G for growth, or R for Returns. If you want growth and returns, do not buy an annuity of any type.  Annuities are bought for transferring risk. When you buy an annuity contract for lifetime income, the company will be on the hook to pay as long as you're breathing.  There are three phases of retirement: go-go, slow-go, and no-go. If you get to slow-go and no-go, you're going to need a long-term care confinement care type of transfer risk cover.     "If you're not going into the annuity contract to transfer risk. Don't buy it." —  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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