Index Funds vs Professional Money Managers… and Required Minimum Distributions the year you turn 70 1/2.


The Wall Street game is rigged against the everyday person. That’s what these experts say over and over again. People like Warren Buffett, John Bogle, and many of the best of the best money managers. Most also say that index funds are the way to go.   Much lower fees ( The average actively managed […]

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 […]

How a 62 Year Old Substitute Math Teacher Used a Hybrid Annuity to Set Up His Own Personal Pension

Get the “Personal Pension” Toolkit and the Definitive guide To Hybrid Annuities. John was a substitute math teacher who loved jelly donuts. (long story). His wife’s name is Dagny. He wasn’t always a math teacher. He worked at a large electronics company for a long time, but back 7 years ago when he was […]

Beat the bank…lock in 3.15% interest


Today’s date is 6-13-16. Rates are subject to change at any time. Interest rates are still pathetic. Bank cds are still really low and even fixed annuities have been pretty low for a while. So when I saw this offer come across my desk I had to let you know. Fidelity and Guaranty Life Insurance. […]

2 Big Problems With Most Income Plans… and Steps To Fix Them

income 1

It took you 35 years of hard work to save up all this money for retirement. Soon you will need income from these accounts to supplement your Social Security or your pension. If you are married and both age 65 there’s over a 50% chance one of you will live into your 90’s. 10,000 people […]

How much does the IRS typically tax IRA’s when you take out funds?

So how much does Uncle Sam get when you start taking some money out of your IRA or 401k accounts? Keep It Simple Answer: In general, for a Traditional IRA or 401k, the withdrawals are taxed at your ordinary income tax rate. This is how it is for the 80% of you reading this that […]

3 Tips To Save Money On Medicare Supplement Insurance

If you have any questions, feel free to schedule a phone appointment on my calendar here. Let’s look at 3 Tips To Save Money On Your Medicare Supplement Insurance TIP 1: F is F and G is G. The plans are all standardized by the government so an F plan from one company is […]

What are the gifting limits 2014?


QUESTION: I want to give some money to my daughter to help her out right now. How can I do that and make sure there are no tax issues? ANSWER: There are gifting limits. As long as you stay within those limits every body is fine. DISCLAIMER: Carl Ostenson is not a tax advisor. This […]