God Doesn't Sell Annuities
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If someone uses religion to build credibility in the annuity business, you can almost guarantee you're about to get screwed. It's the same tactic as claiming to be a "fiduciary" — a smokescreen to avoid explaining what you're actually buying.
In this episode, Bryan Anderson shares a troubling case involving a couple who lost over $129,000 in retirement savings due to greedy agents who used faith as a sales tool. They surrendered multiple contracts, rolled into new ones, and paid massive fees — all while being told to "pray about it" instead of understanding the actual features and risks.
Bryan breaks down:
- Why religion has no relevance to financial advice or credibility
- How "pray about it" is used to bypass critical thinking
- The full paper trail of fraud and how difficult it was to get regulators to act
- What you need to know to protect yourself from predatory sales tactics
Your faith is personal. Your retirement decisions need to be based on facts, transparency, and understanding — not manipulation.
Key Takeaway: If anyone uses religion, patriotism, or emotional appeals to sell you an annuity, run the other way. Good advice stands on its own merit.