Your Safe Money Show Are you underinsured 11 26 16

Your Safe Money Show A closer look at 401k's 11 19 16

Highlights for November 19 Your Safe Money Show

Employer sponsored 401(k) plans have become a popular investment vehicle at many companies. However, there’s still confusion on all the ins and outs, so I thought we’d do a “401(k), 101 basic class for you.

 With all the talk about health insurance these days, medical debt has become a bigger issue so we’ll look at ways to avoid or minimize that debt. 
Listen at 7:30 a.m. at 95.5 FM KBEK. They stream live at kbek.com. Otherwise recent shows are podcast here at the website yoursafemoneyshow.com.

Retirement planning

There’s more to a retirement plan than the finances, but let’s be realistic, the money piece is very important. If you can be sure that you will have income that will last all the way through your retirement, that’s a huge weight off your shoulders. As pensions, have gone away, we have to be responsible for our own retirement income. I’ve seen people so confused on where to start and what to do. Instead of meeting with a financial professional they do nothing. It can be overwhelming. There’s a lot to consider. Inflation which has been low for a while, needs to be factored in for a 20 to 30-year retirement plan. Healthcare has become such a big money drain that we must move that into the top concerns in a retirement plan. WHEN you decide to take your Social Security, benefits can make a huge difference in how much income you’ll have. So, you want to make sure you get all you have coming in benefits. Minimizing outstanding debt and taxes in retirement is key to long term planning. Let’s start your plan today. 

Your Safe Money Show Money and Marriage 11 12 16

Highlights for November 12 Your Safe Money Show

On this week's Your Safe Money Show, I’ll be speaking about good financial habits to have in your 20’s.
Also, retiring boomers at Boeing shows the future jobs issues in U.S. manufacturing. We'll discuss what that means across the board.
And money and marriage how can we be more on the same page with our decision process? Listen Saturday mornings at 7:30 at 95.5FM KBEK. They also stream live at kbek.com. To hear recent podcasts check out the website yoursafemoneyshow.com.

A little humor for your day

MnSure information

There seems to be a bit of confusion about MnSure.
 To clarify, MNsure is Minnesota’s health insurance marketplace, where you can shop, compare and choose health coverage. It is the only place you can qualify for financial help through federal tax credits or MinnesotaCare and Medical Assistance.
 MnSure does not set the prices for health insurance, the health insurance companies do.
 We are again serving as a MNsure Broker Enrollment Center during the 2017 open enrollment period, which runs November 1, 2016, to January 31, 2017. Keep in mind that if you need your insurance to start January 1^st you will need to get coverage by December 15^th. So if you want to learn more about your health insurance options or you need help with the application or enrollment process you’ll want to get an appointment as soon as possible. Call 320-679-5183 or go to the website yoursafemoneyshow.com. 

Your Safe Money Show Snowbird to do list 11 5 16

Highlights for November 5 Your Safe Money Show

Many of my clients head south during the winter months, you hear the term “snowbirds” used when talking about these folks. Well before you head south I have some tips to consider before you leave. 
When I talk with someone about a retirement plan, I have questions for them to answer that are important to having a successful retirement. I’ll go over what those questions are so you can start thinking about your answers. And a recent study says Americans are living longer. We’ll see what the study found. Tune in Saturday morning at 7:30 at 95.5FM KBEK, they also stream live at kbek.com.

MnSure clarification

There seems to be some confusion about MnSure. To clarify MNsure is Minnesota’s health insurance marketplace, where you can shop, compare and choose health coverage. MnSure does not set the prices for health insurance. The various insurance companies set the rates.

Booking Scams

According to the American Hotel and Lodging Association, American travelers make approximately 15 million fake hotel bookings on rogue sites every year. And travelers lose $1.3 billion dollars every year on booking scams as rogue sites pose as real hotels, they take your credit card number, and possibly leave you without a reservation.

 Several members of Congress introduced the Stop Online Booking Scams Act on Feb. 9. If passed, the bill would require third-party sites to clearly state that they are not affiliated with the hotel the customer is attempting to book. The bill would also give states more power in pursuing scammers in federal court but for right now, the best thing travelers can do to protect themselves is to be alert when booking a hotel online. Probably the best tip if you don’t book directly with the hotel, be sure to use one of the more well-known sites -- like Expedia, Orbitz, Priceline -- and approved by the Better Business Bureau (BBB).