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Annuity Doublers Gives Your Money Back Quicker When You Get Sicker: Shootin’ It Straight With Stan

“Fun With Annuities” The Annuity Man Podcast

Release Date: 06/05/2024

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“Fun With Annuities” The Annuity Man Podcast

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In this episode, The Annuity Man discussed:  What annuity doublers refer to  The true story of annuity doublers    Key Takeaways:  Annuity “doublers” isn’t as lucrative as it seems. You become eligible for enhanced payment if you are found to be unable to do the five daily functions of life.  The additional value given in enhanced payments is subtracted dollar for dollar from the accumulation value. So in essence, you’re not getting increased payments, you’re just getting your money back quicker as you get sicker. When considering buying...

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In this episode, The Annuity Man discussed:  The four primary annuity types for lifetime income There’s no ROI until you die with lifetime income annuities Two important questions to consider when buying annuities    Key Takeaways:  There are four primary annuity types providing lifetime income: Single Premium Immediate Annuities, Deferred Income Annuities, Qualified Longevity Annuity Contracts, and Income Riders attached to products like Index Annuities and Variable Annuities.  Lifetime income from annuities is a combination of return of principal plus...

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In this episode, The Annuity Man discussed: 

  • What annuity doublers refer to 

  • The true story of annuity doublers 

 

Key Takeaways: 

  • Annuity “doublers” isn’t as lucrative as it seems. You become eligible for enhanced payment if you are found to be unable to do the five daily functions of life. 

  • The additional value given in enhanced payments is subtracted dollar for dollar from the accumulation value. So in essence, you’re not getting increased payments, you’re just getting your money back quicker as you get sicker.

  • When considering buying annuities remember that insurance companies will never give away money for free. If an agent’s pitch sounds too good to be true, it is every single time. 

 

"You should never ever buy a lifetime Income Rider for the doubler because all that means is when you get sicker, you get your money back quicker." —  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!