008: How do I choose the right annuity type?
IN THIS EPISODE, THE ANNUITY MAN DISCUSS:
The only 2 questions you need to answer to find out what type works for your specific situation
How to use the acronym P.I.L.L. to see what annuities contractually solve for
How each type of annuity works
All annuity types are commodities, and all carriers should be quoted
KEY TAKEAWAYS:
Saying you “hate all annuities” is like saying you “hate all restaurants”
P.I.L.L. stands for Principal Protection, Income For Life, Legacy, Long Term Care
Own annuities for what they “Will Do.”, not what they “might do”
All annuity types are contracts and should be owned for their contractual guarantees
"Annuities were put on the planet primarily for lifetime income guarantees." — The Annuity Man
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