Can an annuity truly keep up with inflation—or is that just a sales pitch? Stan challenges common claims about COLAs and indexed annuities, and explains his approach to covering a specific income shortfall when it arises.

In this episode, The Annuity Man discussed:

• Annuity COLAs and reduced starting payments

• Social Security's cost-of-living adjustment

• Indexed annuities and income riders

• Personal inflation and income gaps

• Reverse-engineering quotes for needed income

Key Takeaways:

• A lifetime-income increase through an annuity COLA comes with a lower initial payment.

• A rising index does not necessarily mean an indexed annuity will deliver market returns or higher income.

• Inflation affects people differently, so a general-purpose solution may not match an individual's needs.

• One approach discussed is to calculate the amount needed to fill a specific income gap and price an annuity for that amount.

• Evaluate annuities by their contractual guarantees, not by hypothetical returns or sales promises.

"Never buy an annuity for hypothetical, theoretical, backtested, promised returns." — Stan The Annuity Man

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: Stan@TheAnnuityMan.com

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!