Could living longer mean receiving lower annuity payments in the future? This episode explores how AI-driven medical breakthroughs could affect longevity, life expectancy assumptions, and lifetime income annuities.

In this episode, The Annuity Man discusses:

• AI-driven medical breakthroughs and their potential impact on life expectancy

• How life expectancy tables factor into lifetime income annuity pricing

• Why current life expectancy assumptions may present an opportunity to lock in lifetime income

• Lifetime income products including SPIAs, DIAs, QLACs, and Income Riders

• Why financially strong A+ or better carriers matter for lifetime income guarantees

Key Takeaways:

• AI-driven advances in medical research could potentially increase life expectancy and affect future annuity pricing.

• Lifetime income annuities are primarily priced around life expectancy, not interest rates.

• If future life expectancy assumptions increase, the speaker argues that lifetime payments could be lower because payments may need to continue for longer.

• Locking in current life expectancy assumptions could potentially result in higher lifetime income.

• Lifetime income products transfer longevity risk to the insurance company.

"How do you beat AI? How do you get ahead of AI? Lifetime income right now, because AI hasn't affected it, and the next word I'm going to say is very important, yet. It will. You know it." — Stan The Annuity Man

Connect with The Annuity Man:

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Email: Stan@TheAnnuityMan.com

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