Education

Minnesota Safe Money LLC is the culmination of three main passions of mine over the past decade, each of which is bound by the values of integrity, honesty and genuine Good Will.

My first passion is teaching:  during my career as an executive for a large MN-based insurance company, I traveled over 750,000 miles providing product and industry training to insurance and financial services professionals all across the country.  Whether lecturing to groups of 500, role-playing in small teams, or joining producers as they visited with individual clients – relaying information from the home office and sharing lessons learned from my own and other’s experience – to procure that “a-ha” moment, is what made all the sacrifices associated with business travel worth-while.

My second passion is for Fixed Indexed Annuities (FIAs)  and their contribution to any diversified planning model.  As an accumulation tool, FIAs leverage two unique provisions – common across all policies, regardless of carrier – that use what Albert Einstein deemed, “The most powerful force in the universe” Compound Interest.  Those provisions are Annual Reset and Annual Lock In.  As an income planning tool, FIAs provide two options (with variations of each), for guaranteed income for life.  Those options are Annuitization, available at no charge and optional Lifetime Income Riders.

My third passion is for Long-Term Care insurance (LTCi)  and the extraordinary impact it has on the lives of those Minnesotans deemed Chronically Ill and the equal – if not greater impact – it has on the lives of the family members of those Minnesotans that are deemed Chronically Ill.  According to the U.S. Department of Health and Human Services, if you live beyond age 65, there is about a 70 percent chance that you will need some type of long-term medical care at some point in your life. 

About 83 percent of long-term caregivers are family members that may be responsible for their own children and working at the same time.  LTCi offers choices.  Choices for home-care, choices for community care i.e. Adult Day Care, choices for Assisted Living Facilities and choices for skilled Nursing Homes.  These choices allow the LTCi owner to maintain a sense of dignity that may not otherwise be maintained.  These choices allow family members to manage the emotional toll of witnessing a loved one’s health decline; while not coupling the emotional toll with those of financial and physical tolls as well. 

The asset preservation motive for LTCi fuels my passion as well.  The state of Minnesota enhances that feature by allowing tax credits and, more significantly, by offering the “Minnesota State Partnership LTCi” Plan.