Who Has The Best Fixed Annuity Rates? - YouTube

Hi! I'm Stan The Annuity Man, America's  Annuity Agent, license in all 50 states.  

Glad you joined me. Who has the best-fixed  annuity rates? Easy, no-brainer question,  

the annuityman.com. We have a live MYGA feed  and all that stuff. I'm going to stop promoting.  

I want to hear music. And then we're going  to get into how to find the best fix rates.

Okay. So, if you go to the annuityman.com,  you'll see a button. You click for the best miga  

rates available. Now, you have to understand  that fixed-rate annuities multi-year guarantee  

annuities, the best way to find them is go to my  site. We have a live feed. You can see it 24/7,  

365. You don't even have to sign up. All you have  to do is hit the live feed punch in the state of  

residence that you're living in, the beautiful  state you're in. And then the duration. You know,  

2, 3, 4, or 5 year. Whatever that you're  interested in. Hit go and then click the  

go button and then you're going to see the best  rates for your specific state of residence. And  

they change all the time. You have to kind of be  on top of it and look. And the only way to to lock  

in those rates is to go through the application  process with us. That's not a sales pitch. That's  

just reality that I mean you need to buy one. But  that's how it works. Again, go to my site. Click  

the feed and just shop away. Great story: So,  we're shooting all these videos in an undisclosed  

batcave location in the frozen tundra of the  United States of America. And we took a break  

and I checked my email. And here's the email that  comes in. And the guy's like, "We checked your  

MYGA feed on the annuityman.com. Fantastic and  all that stuff and all the accolades. But here's  

the last sentence. In addition to what I saw on  the site and on the feed do, you have any other  

fixed-rate annuities that you're not showing on  that that you can tell me about? In other words,  

is there like a secret little place where you  keep the other ones the really good ones for  

the really good clients? No. No. I was talking  to my team. I'm like, "We should test that like  

put a button. It's like, do you want to be  on the secret list?" And they're like, "No.  

We're not doing that." I would say, "I'm kidding.  I'm kidding." The point is this is a transparent  

commodity-type product. There is no hidden ones.  There is no... There's not some secret place for  

even better rates. We show all the rates. We  show all the rates with all the carriers. So,  

we're very transparent with that. But I just  found that funny that this guy thought that  

"There's a possibility that Stan The Annuity Man  was hiding a few." No. When you go to the site,  

you punch in your state and you punch in the  duration, you're going to see the best fixed rates  

available for you. So, what is the best company  or carrier for annuities? There's no good answer  

to that just really bad sales pitches. There  are some carriers that offer these multi-year  

guarantee annuity fixed rates. Some don't. But  not one's better than the other. There are some  

that are rated higher from the standpoint of AM  Best, Moody's, Standard & Poor's or Fitch Comdex  

ranking. But at the end of the day, it's like  shopping for a plane ticket. You know, you go buy  

a plane ticket unless you're on some rewards point  system with a carrier. If you're not that person  

and you like the rest of us you, just go in you  shop for the best deal that you can find based  

on the specific parameters that you put in.  So, in the MYGA world, the fixed rate world,  

you're putting in, "Okay, I want to invest  in a 3-year in the state of South Dakota."  

Punch that in and then you're going to see all of  the carriers listed. Now, I do encourage you to  

schedule a call with me once you get to that point  because I will talk to you about the carriers  

the claims-paying ability. And if a carrier,  you shouldn't be buying that carrier. I mean,  

that's my job. That's what I do. That's the reason  I'm Stan The Annuity Man, the top agent out here  

is I do my research on these companies. I look at  their bond holdings, their solvency ratio and all  

that stuff to make sure that they can back up  the claims. Remember that fixed-rate annuities,  

these MYGAs, there are what's called a state  guarantee fund. State guarantee funds that  

back up these companies to a certain level.  Is it similar to FDIC? Yes. But it's not FIDC,  

okay? FDIC is the best and the state guarantee  funds have never really been tested. So, when  

you buy these fixed-rate annuities, you're buying  the claims payability of that issuing carrier. So,  

there's no one carry that has the best rate or...  You just can't look at it. You got to look at a  

commoditized... Okay, "Let me find the best rate  and then lets me and Stan, Stan and I talk about  

does this carrier make sense for your specific  situation?" So, what is the best fixed annuity  

rate? There is no good answer to that question.  You have to understand that fixed rates can go  

out as far as 10 years or more. The question is  "Should you lock in a fixed rate that long?" In my  

opinion, Stan The Annuity Man, America's Annuity  Agent; I would probably say no. Currently in the  

current interest rate environment at the time of  this taping, I am recommending clients to stay  

short. Stay short durations. 5 years in  end. So, currently, the shortest duration,  

fixed-rate annuity you can purchase is a 2  year. That's not available in every state. But  

there are a couple carriers that do a 2-year  and then 3-year, 4-year, and 5-year because  

if you look at just basic yield curve analysis.  Meaning, that simplistic explanation is where is  

my best bang for the buck and where does that best  bang for the buck in from a duration standpoint,  

it's at about the 5-year level currently at the  time of this taping to go farther out than that,  

the annuity companies are really not rewarding you  to do that. They're not giving you extra yield to  

say lock in for 10 years. So, currently, right  now at the time of this taping is 5years and in.  

And a lot of times we're laddering these fixed  rates. We're buying like a 3-year, 4-year and a  

5-year because we do not know where rates are  going to go. There's an argument for them to  

go up. There's an argument for them to go down.  And by the way, nobody on the planet knows where  

they are moving. And if they do, you don't know  that person. Because they're just sitting in their  

closet making money off those interest rate  moves. They're not sharing it with anybody.  

So, the best way to do this is either to lock in  with a specific rate. So, is there a best fixed  

rate? No. There's not. I will say this. If you  said to me, "Stan, I'm thinking about a 3-year  

fixed rate or a 5-year fixed-rate", I'm always  going to say, "Let's go ahead and just buy the 3."  

Always error... Not error. But always choose the  shorter duration. That's my opinion. Just because  

I'd rather you have money coming due sooner than  later. And I also tell people, "Always listen to  

your gut instinct." Always listen to that little  voice in your head that's saying short term or  

whatever. Go with that gut instinct. Go with that  discernment because typically, it's correct. But  

if you come to me and say, "Stan, I want to buy a  10-year", I'm going to say, "Can we go 5 instead?  

Can we shorten the duration?" I'm always going  to be pushing you to shorten that duration. So,  

I get these questions all the time. What are  fixed annuities paying? Or what is $100,000  

fixed annuity pay? It really comes down to the  interest rate and the duration that you lock  

in. That doesn't mean you have to peel off the  interest from these fixed-rate annuities. You  

can with some. Not all. Some carriers do not  allow that. Some carriers do allow you to peel  

off that interest. So, what does it pay? I mean,  it's very, very basic math. If you're buying a say  

a 5-year and the yield is 3% annually and you put  $100,000 in, you can peel off $3,000 a year and  

not touch the principal. It's really that simple.  But when people use the word pay, that's typically  

used with lifetime income type annuities. This  isn't a lifetime income annuity. This fixed-rate  

annuity stuff, you know, this is cd type products.  So, you're talking about what does it pay,  

the real question is "What interest rate is  the yield?" You know, "What's the yield of that  

interest rate?" And then "Can I peel that off from  an income standpoint?" I guess you can classify  

that as income without touching the principal.  Because a lot of you out there have bought CDs  

and then you've just peeled off the interest. And  so, at the end of the duration, you still have  

that original investment amount and  you've been peeling off the interest.  

The same thing can be done with multi-year  guarantee annuities, fixed-rate annuities.  

You just have to tell us that's what you  want to do. And then I will help you find  

those companies and the durations that  will achieve that goal for you. Okay. So,  

we talked about best fixed annuity rates. I would  encourage you to go to theannuityman.com. I've  

written a book on it. MTGA Owner's Manual.  I'll send it to you for free. You can sign  

up there. You can schedule a call. You can  use our calculators. And before you leave,  

hit the subscribe button and I'll see you  on the next Stan The Annuity Man video.