Why do people who need income, often times avoid annuities?

Don’t let an Urban Legend or a myth stand in the way of creating safety and guaranteed retirement income, if that’s what you want. Do you remember the stories about Halloween candy being poisoned or tampered with 30 years ago. Razor blades in apples. Booby trapped candy. It sent panic into parents nationwide. It completely […]

Retirement Income for people who don’t have a big pension

It used to be back in the “Good Ol Days” that you worked for a company for 40 years, then you retired. They threw you a party,  you got some cake, a gold watch and … A PENSION. Talk about security. Every month you walk out to the mailbox and there’s a check. Unfortunately, that’s […]

What will happen to your wife’s retirement income if you die early?

Gee. There’s an exciting fun topic to talk about, right? Put that right up their with Ebola and ISIS as fun dinner conversation. Unfortunately death happens to everyone. This post talks about what the impact will be on the surviving wife’s income if the husband dies early. I’m, writing this from the perspective of the […]

Random Thoughts From A Former Stockbroker


A rising tide lifts all boats. It’s not until the tide goes out that you realize who’s swimming naked.” Warren Buffett There are 2 big reasons why I gave up my securities license back in 2005 to focus on income planning and annuities. The first was, after I lost everything and my clients got destroyed […]

What’s a Black Swan event and why should you care?


What’s a Black Swan event? A long time ago, it was just assumed that all swans were white because every recorded swan had white feathers. So black swans were presumed not to exist at all. If even just one black swan were ever sighted it would undo the whole logic of this thought. The phrase […]

Investments or Annuities for Retirement Income: It’s a Showdown


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Can you move your 401k while still working? In service distribution

QUESTION: Is it possible to roll funds from your current 401k plan into a self directed IRA, BEFORE you retire? ANSWER: Usually Yes (If you are 59 1/2 or older) If the options in your 401k aren’t so great, move your money elsewhere. The process is call an in service distribution or in service withdrawal. […]

401k / IRA Rollover Tips: 3 mistakes to avoid

Rolling over a 401k or IRA is pretty easy. But if you make a mistake it can cost you. 2 Important Details: There are NO tax consequences in doing a rollover. You can rollover your old 401k plan into your own self directed IRA and there will be NO taxes due. This is a good […]