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About Us


Narrow Focus. Broad Perspective.

Our practice focuses on three specific life events:


retirement planning

Retirement Planning

Whether you are just starting to plan for retirement or already retired, we can help. We don’t just sell retirement products, we build comprehensive retirement plans.

Long Term Care Planning

Long Term Care Planning

We offer all types of Long Term Care Insurance policies from all of the major carriers. We also help people plan without insurance, including those that already need care.

Tax Planning

Tax Planning

Generating a sufficient stream of income in retirement may not be enough.  Effective tax planning is needed to help you keep more of what you generate.  Given our country’s fiscal path, it’s likely tax rates will be higher in the future than they are now.  Effective tax strategies can help your money last longer in retirement.


We bring a broad and unbiased approach to each client, leveraging our decades of experience along with input from industry experts with whom we have formed strategic alliances. Our goal is to exceed your expectations and provide an unparalleled level of knowledge, professionalism and service.

We offer fee based and flat fee advisory services, as well as life and long-term care insurance and fixed annuity products.


Are we a good fit for you?  Click on the link below to schedule a complimentary, no obligation meeting at either of our locations or via webinar.


Schedule a Meeting




Our People

Geoff E George, CRC, CLTC, CSA Photo

Geoff E George, CRC, CLTC, CSA

President/Principal Advisor
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Geoff George serves as Lifetime Capital Planning Group’s President and Principal Advisor.  With nearly 20 years of experience in the financial industry, Geoff brings a wealth of knowledge on a broad range of topics.  Having taken on both managerial and consultative roles, Geoff has helped dozens of advisors launch successful careers and helped hundreds of families plan for retirement.  He created Lifetime Capital so that he could focus on what he enjoys most, working with individuals and families to develop and implement a successful plan for their future financial needs.

Geoff is a highly regarded industry expert, regularly sought out by local groups and national media.  He maintains a strong presence in his local community and  was a founding member of the Metro North Alzheimer’s Partnership designed to help both those afflicted by this horrible disease and their caregivers.  

As a financial educator, Geoff enjoys working with people of all ages and backgrounds.  Geoff is an active member of the Society for Financial Awareness, a non-profit organization committed to promoting adult financial education.  In conjunction with SOFA, Geoff provides educational workshops year-round through employers, trade groups and other local organizations.   

Geoff is a Certified Retirement Counselor®, Certified Senior Advisor and holds a Certification in Long Term Care.  As a fee based investment advisor, Geoff serves as a fiduciary to his clients.  

Geoff lives in Southwest Minneapolis with his wife, daughter and beagle. The three (or four) of them can often be found strolling around Lake Harriet, canoeing on the Minnehaha Creek or biking along the Mississippi River.

Anne Allar Photo

Anne Allar

Partner/Director of Marketing
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In 2002, Anne founded Allar Long Term Care, a planning firm focused on helping people prepare for risks they may face in retirement.  In 2017, Allar Long Term Care joined forces with Lifetime Capital.  

As Lifetime Capital’s Director of Marketing, Anne oversees much of the firm’s daily operations.  Anne is often the initial point of contact for prospective clients.  In addition to coordinating and scheduling the firm’s educational workshops and client events, Anne spends much of her day interacting with our current and future clients.

Anne’s passion for long term care planning stems from her personal experience.  Prior to beginning a career in the planning industry, Anne was a marketing executive in both the private and nonprofit sectors.  

Anne’s extensive experience, knowledge and personal touch are a central part of many of our clients’ experience.

Jason Wenk Photo

Jason Wenk

FormulaFolio Investmentss Chief Investment Strategist
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Jason Wenk is the founder and Chief Investment Strategist for FormulaFolio Investments. Prior to FormulaFolios, he worked for Morgan Stanley and founded Retirement Wealth Advisors (an SEC Registered Investment Advisor) in 2002. While building portfolios for private clients at Retirement Wealth Advisors, FormulaFolios were first developed. In addition to his work with FormulaFolios and Retirement Wealth Advisors, Jason writes a popular investing blog that is followed by thousands of individual and professional investors from around the world.

Jeff Stukey Photo

Jeff Stukey

FormulaFolio Investments Director of Business Development
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Jeff has been in the financial services business since 2001, serving in executive level positions for both national marketing organizations and SEC Registered Investment Advisory firms. Having owned and operated his own RIA, he has an extensive background in asset management, compliance, and training advisors on how to incorporate asset management into financial planning for clients. Jeff is a graduate of Western Michigan University with a bachelor’s degree in finance.

Kaleigh Metz Photo

Kaleigh Metz

FormulaFolio Investments Advisor Services Manager
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Kaleigh is Manager of Advisor Services for FormulaFolio Investments. Kaleigh leads the largest home office team, whom are responsible for processing all incoming client paperwork and coordinating directly with custodians to ensure prompt processing. Kaleigh graduated with honors from Grand Valley State University with a degree in business management.

Derek Prusa, CFA, CFP® Photo

Derek Prusa, CFA, CFP®

FormulaFolio Investments Senior Market Analyst
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Derek Prusa is the Senior Market Analyst for FormulaFolio Investments where he works diligently to research and monitor financial market conditions and select the best investment strategies for each of FormulaFolios’ proprietary models. Derek also provides valuable insight to the affiliated advisors and clients of FormulaFolios by producing accessible and understandable weekly, monthly, and quarterly market commentary summaries.

Since joining the FormulaFolios team in 2014, Derek received his CFP® designation and became a CFA charter holder. In 2015, he was named in LifeHealthPro’s 30 under 30. When he’s not researching market trends or reading up on financial news, Derek enjoys running, watching the Chicago Cubs, and spending time with his wife and son.

Joel Vanwoerkom, MBA Photo

Joel Vanwoerkom, MBA

FormulaFolio Director of Financial Planning for Retirement Wealth Advisors
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Mr. Vanwoerkom serves as the Director of Financial Planning for Retirement Wealth Advisors.  Since joining the firm in 2007, Mr Vanwoerkom and his team of Certified Financial Planners and Chartered Financial Analysts have built comprehensive plans for thousands of satisfied clients.


What is a Fiduciary?


Fiduciary:

A relationship in which one party places special trust, confidence, and reliance in and is influenced by another who has a fiduciary duty to act for the benefit of the party

As a fee-based Investment Advisor Representative, Geoff George is held to the fiduciary standard.  In other words, we are legally obligated to put your interest first at all times.  

All Financial Professionals are not held to the same standard.  

Many financial planners, advisors, brokers, agents and consultants are only required to adhere to the suitability standard.  In other words, there is no legal barrier to protect you from a broker or agent putting their own interests ahead of yours.  

When working with a fiduciary, you know your fiduciary is working for you.



Professional Standards

Geoff holds some of the most prestigious designations in the retirement planning field for which he has undergone rigorous training and testing, and met strict education and experience requirements.  Geoff’s professional designations include:

CSA – Certified Senior AdvisorCSA – Certified Senior Advisor

In order to help people plan for their senior years, it is critical for an advisor to have a thorough understanding of the experiences and challenges their clients are likely to face throughout the retirement lifecycle.  Geoff is among a small number of committed financial professionals that maintain the designation of Certified Senior Advisor.  

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CRC – Certified Retirement CounselorCRC – Certified Retirement Counselor

While many the more general financial planning designations including CFP, ChFC and CFA include some retirement related topics, very few focus on retirement planning.  As a Certified Retirement Counselor, Geoff maintains a working knowledge of all aspects of retirement planning, including a thorough understanding of financial markets, estate planning, tax policy and longevity and morbidity risk.

The CRC is one of the only retirement planning specific designations that meets the accreditation requirements of the National Commission of Certifying Agencies (NCCA).  Obtaining and maintaining the CRC designation involves meeting testing, experience and background requirements, adhering to a strict code of ethics and regular continuing education to stay on top of industry, regulatory and legislative changes.


CLTC – Certification in Long Term CareCLTC – Certification in Long Term Care

The Certification in Long Term Care (CLTC) designation focuses on extended care planning.  Despite the fact that long term care is the greatest unprotected risk that most people face in retirement, many people neglect this important part of the planning process.  

The CLTC designation provides advisors with the information, tools and resources to engage their clients on this topic.  The goal is to help clients protect their families from the risk of needing extended care.


SOFA – The Society for Financial AwarenessSOFA – The Society for Financial Awareness

Founded in 1993, The Society for Financial Awareness is a 501(c)(3) non profit dedicated to providing financial education across America, one community at a time.  As a non-profit, SOFA does not sell, recommend or endorse any products or services.  Members of the group are committed to providing education and awareness in their individual communities.  

Geoff is a founding member of the Twin Cities Chapter of the Society for Financial Awareness.  He provides educational workshops through employers, trade groups, non-profit organizations, and community centers.



Our Office



1300 Godward Street, Suite 1900
Minneapolis, MN 55413

Lifetime Capital Planning Group is centrally located in the heart of the Twin Cities at Broadway Place West, just north of downtown Minneapolis at the intersection of I-35W and Highways 36 and 280. Parking is available on site.


“A goal without a plan is just a wish.”

-Antoine de Saint-Exupéry


Lifetime Capital Planning Group LLC: objective, independent, retirement planning advice.  

We don’t sell products. We build plans to help people  realize their retirement dreams. 

Who We Serve

Our education, training and professional experience enable us to serve the following individuals:


retired couple

Pre-retirees and the recently retired.

mother and daughter

Individuals and families planning for future long term care needs.


gay couple

LGBT Individuals and Families.


professional

Successful entrepreneurs, business owners and executives.

“If you don't know where you are going, you'll end up someplace else.”

-Yogi Berra

Our Philosophy

The single most important factor that separates those that are financially successful from those that are unsuccessful is their plan.  

Developing, implementing and executing an effective financial plan is critical at all life stages.  Given adequate time and continued earning power, it is possible to recover from most financial setbacks.  However, as retirement approaches and your time horizon shrinks, so does the margin for error.  This is why retirement planning is so critical to your financial future.  


The greatest fear for most baby boomers is running out of money in retirement.  


Percentage of workers age 50 and older who said the following were their greatest fears in retirement

Outliving savings and investments43%
Declining health that requires long-term care38%
Social Security will be reduced or won’t exist33%
Lack of access to adequate and affordable health care27%
Cognitive decline, dementia and Alzheimer’s25%
Finding meaningful ways to spend time and stay involved11%
Being laid off/not being able to retire on my own terms10%
Feeling isolated and alone9%

Source: Transamerica Center for Retirement Studies


While every situation we see and plan we create is different, all retirement plans share the following three components:

  1. An Income Plan.  Generating consistent and reliable income is the first step to ensuring retirement success.
  2. An Expense Plan.  Throughout the retirement life cycle, expenses change.  A successful retirement plan properly anticipates and addresses these changes
  3. A Plan For the Unexpected.  Unfortunately, the greatest risks in retirement are the most difficult to plan for.  If we had the answers to the following questions, retirement planning would be easy:


Know Your Retirement LIMITs


(1) How long will I live?  (2) Will I need long term care?  (3) How much income can I safely count on from my investments?  (4) Will my income keep up with inflation?  (5)  How much of my income will I be able to keep?

The unknowns associated with these five questions underscore the greatest risks to your finances in retirement.  These five factors represent your retirement LIMITs.

Longevity Longevity

The risk of living a long life.  The longer you live, the greater the risk of exhausting your assets.


Incapacitation Incapacitation

The unfortunate byproduct of longer life expectancies is greater need for long term care services. Nearly 70% of seniors will require some form of extended care.


Market risk Market risk

Every investment carries risk. How much risk are you taking?  How much should you take?


Inflation Inflation

Beware the dangers of money illusion.   Inflation has been historically low for the last few decades.  However, consumer prices have more than doubled over the last 30 years.


Taxation Taxation

It’s not how much income you generate, it’s how much you keep.  With a $20 trillion dollar deficit, even more in underfunded entitlements and an aging population, changes in tax policy could have devastating effects on future retirees.


Adequately addressing these risks is the single most important step in the planning process.   Using cutting edge financial software, we run every plan we create through thousands of scenarios to make sure you are prepared for retirement’s LIMITs.

If you have a retirement plan that ignores any of these factors, ask us about our Retirement Stress Test Evaluation to see how your portfolio will fare when faced with these factors.  


Our only bias in the retirement planning process is towards you.

“Planning is bringing the future into the present so that you can do something about it now.” 

-Alan Lakein

What We Do


Our Process


When meeting new clients, we typically ask about their previous experiences working with a financial planner.   Many of our clients have encountered one or more of the following obstacles:

  • Being presented with a enormous stack of papers full of industry jargon
  • Feeling like the plan they were presented with was a thinly veiled sales pitch for specific products
  • Seemingly arbitrary product recommendations
  • Receiving a plan that was expensive and/or difficult to implement.  

We created a process that addresses these issues.  Here is how we believe the planning process should work:

1

Test

Before recommending any changes, we need to objectively assess and test your current plan.  Using our proprietary evaluation software, we can gauge whether or not you are on track to meet your retirement goals. 

2

Identify

We identify any weaknesses as well as any strengths of the current plan, realizing that we don’t need to change everything.  As the old saying goes, “if it ain’t broke, don’t fix it.”

3

Decide 

We provide a comparison of your current plan, an alternative involving minimal change, a simple plan you can implement yourself and, if appropriate, a more comprehensive solution.  Each option will include a clear summary of recommendation and the plan’s statistical odds for success.  Presenting multiple solutions gives you the opportunity to take an active role in the process and choose the pieces that you prefer.

    

Our planning work is done on a flat-fee basis.  If you choose to implement any or all of our recommendations, we are happy to help.  However, you are under no obligation to do so.  You may choose to implement the plan on your own or work with your existing advisor.


You own the plan and control the process.

We guarantee your satisfaction.  You will not receive an invoice until you tell us that you are satisfied with your plan.



Investment Strategies


Lifetime Capital Planning Group LLC is a fee based Registered Investment Advisory Firm based in Minneapolis, MN.  Using efficient market principles, we strive to build low-cost portfolios using ETFs, Mutual Funds and Individual stocks and bonds.  We implement simple and cost effective time tested strategies leveraging the collective wisdom of the industry and its greatest thinkers and managers.


All client funds are custodied with Pershing/BNY Melon, Fidelity, Charles Schwab, TD Ameritrade or Folio Institutional.

In addition to our propietart models and strategies, our clients have exclusive access to FormulaFolios portfolios

FormulaFolios was just named the 10th fastest growing private company in America by Inc. magazine. They provide unique investment solutions built on the belief that emotion free academically proven formulas can help investors avoid making poor decisions and increase their probability of success.



Long Term Care Planning


For most people, the need for long term care represents the single greatest risk  they face in retirement.  Proper diversification of assets can help reduce your portfolio’s exposure to market risk, inflation and future changes in tax policy.  None of these strategies offer adequate protection if you or a loved one needs extended care.  

  • Nearly 70% of all Americans will require some form of Long Term Care.1
  • The average care need will last about three years.  This tends to be longer for women (3.7 years) versus men (2.2 years.)3
  • In the Twin Cities, a private room in a nursing homes averages over $89,000 per year.  Home Health Aide services average over $66,000.2

In addition to the financial consequences, long term care can also have devastating physical and emotional consequences for the spouses, partners, families and loved ones of those that need care.  Family members provide more long term care services than nursing homes, assisted living facilities and home health aides combined.  

Two thirds of older adults that receive long term care services at home receive ALL of their care from a family member.  

Traditional Long Term Care Insurance is available to offset these expenses and protect the policyholder's assets and their families from a future care need.  However, Long Term Care Insurance isn’t appropriate for everyone.  It needs to makes sense financially and you need to be in relatively good health to qualify for coverage.  

The Minnesota Long Term Care Insurance Partnership provides additional asset protection for those that have a partnership qualified policy.  

In recent years, hybrid, combo and critical care policies have increased in popularity.  These plans provide additional options for consumers and may address some of the concerns that people have about traditional Long Term Care Insurance policies.  These include the possibility of rising premiums, benefits that can be exhausted, the need to pay ongoing premiums and the “use it or lose it” proposition generally associated with traditional plans.

We believe that everyone should plan for long term care, whether or not they purchase some form of insurance policy. In addition to offering all types of policies from the major carriers, we provide fee based long term care advisory and planning services.


1 longtermcare.gov, how much will I need

2 Genworth Cost of Care Study 2017

3 https://www.caregiver.org/selected-long-term-care-statistics


Events

Location: University of Minnesota St. Paul Campus

Many of the retirement strategies utilized by your parents have grown outdated and may no longer have application to those looking to retire today. This class compares and contrasts the old retirement paradigms of yesteryear and the new paradigms of today as you prepare to retire in the 21st century. You’ll learn about the effects of Social Security taxation as well as the common distribution pitfalls in retirement. Perhaps most importantly, this class will teach you how to develop a personalized strategy as you confront the challenges of retiring in a rapidly changing world.

Find Out More

"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for."

- Robert Kiyosaki

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“Action is the foundational key to all success.” 

-Pablo Picasso

Contact

Lifetime Capital Planning Group is centrally located in the heart of the Twin Cities, just north of downtown Minneapolis at the intersection of I-35W and Highways 36 and 280.  

Take action today, click here to schedule your complimentary consultation:

Schedule Your Meeting



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