CONNECT

Address:

8945 33rd Street North, Suite B
Lake Elmo, MN 55042

Phone:

651-773-3859

Fax/Other:

651-773-5673

Why Choose Us?

Surveys of affluent Americans consistently tell us that their major frustration is that their advisors should be more proactive about future issues that might affect their financial well being.  Strategic Asset Preservation, Inc. keeps clients informed on the latest changes to laws, regulations and economic trends that may affect their financial future.

Each investment product has a place and a specific purpose where it may fit properly into someone’s retirement planning, but without a complete review of your personal situation, risk tolerance, income needs, tax situation, long-term care needs, and estate and charitable desires, no one can or should have an opinion on whether a specific product is right for you.  It is the discovery of your true desires and needs that is the first step you should take, not the choice of investment products that historically many people have made as their first step or concern.  You should always discover your needs and build a plan first, before choosing investment products.

Our simple, easy to understand, 3 Step Review is a great way of helping you get a handle on your true needs and desires and whether or not your current strategies match up with personal concerns and situation.

Some financial advisors focus only on helping you accumulate assets.  Your accountant looks back as of December 31st to help you pay your correct tax bill.  Our job is to help you look forward and cut future tax bills, and help you avoid financial problems in your retirement years and your estate plan.

These 5 critical questions to ask any financial advisor help you determine if you need further review of your plan:

  1. Have you adequately reviewed my personal financial situation to make sure this recommendation is in my best interest?
  2. How will your plan affect my tax return each year and what future tax issues may concern me?
  3. How will your plan affect my income and liquidity needs in the future?
  4. How does your plan match up with my risk comfort level?
  5. How will your plan affect the transition of my estate to my heirs?

Our 3 Step Review helps assure that these questions and many others are answered in your best interest.

2Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting.  For information on how life insurance works, including fees and expenses, please contact our office. 

Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.


Social Security Exploration

 

Today, 90% of Americans age 65 and older receive Social Security income benefits.  Will your Social Security benefits be enough in retirement?

Bridge the gap in your retirement strategy. We can help:

Review your Social Security and retirement statements to determine potential retirement income shortfalls where a fixed annuity may be a potential solution.

Explain the importance of routinely verifying your Social Security statement earnings record for accuracy.

Explore strategies that may enhance the benefits available to married couples.

Review your unique situation to determine potential eligibility for other types of benefits (ex-spousal, dependent or caregiver benefits).

Examine potential effects of taxation on Social Security benefits in light of other sources of retirement income.

1Social Security Administration: Social Security Basic Facts, October 13, 2015
Please note that GP Creative and their representatives can provide information, but not give tax or Social Security advice. Consumers should seek guidance from their tax advisor or the Social Security Administration regarding their particular situation. GP Creative may be able to identify potential retirement income gaps and may introduce insurance products, such as a fixed annuity, as a potential solution.
Not approved by, endorsed by, or affiliated with the U.S. Government or any governmental agency.


Legacy Planning Concepts

Will your family be receiving the legacy that matters most?

More than just a bank account or stock certificates—your family legacy encompasses all the experiences that your family holds dear, as well as the values, wisdom, and hopes you leave for them.

With this in mind, the question for you becomes more about what each of your family members value most. You can't really know until you start talking about all these key components of creating a legacy.

 It could be that values and life lessons are top on someone's list. While someone else may rate personal possessions of emotional value #1.  Still, there are others that may believe the financial assets and real estate are the key components for them.  Starting a meaningful discussion about your family legacy can be difficult—but it doesn't have to push your family apart. It can help bring you together, resolve conflicts, and spare emotional tensions later on.

Although we are not estate planners and do not provide tax or legal advice, we can help you explore your life insurance options to help meet your legacy planning goals. 

 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck