What are the opening hours?

Monday 8am - 4pm Tuesday 9am - 4pm Wednesday 9am - 4pm Thursday 9am - 4pm Friday 9am - 4pm

True Money Mindset

Home
United States
Escanaba, MI
True Money Mindset

Call Directions Website Contact the business

We help business owners, investors, and farmers protect wealth, reduce taxes, and build
generational wealth through strategic financial planning. (CIA).

We help business owners, investors, and farmers protect wealth, reduce taxes, and build
generational wealth through strategic financial planning." This site is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Please consult the appropriate professional regarding your individual circumstance. Securities offered through Concorde Investment Services, LLC (CIS), Member FINRA/SIPC. Advisory Services through Concorde Asset Management (CAM), an SEC Registered Investment Advisor. Insurance products offered through Concorde Insurance Agency, Inc. CIS, CAM, CIA and I are not affiliated, cannot verify accuracy of, nor assumes responsibility for any content of linked third-party sites.

11/05/2026

For 40 years, you knew how to make money. Then one day, the paycheck stops.

Maybe you sell the business.

Maybe you turn the farm over to the kids.

Maybe you decide you've collected enough rent checks and it's time to slow down.

You've built something substantial.

And you've earned the right to enjoy it.

But here's what a lot of successful people don't realize until they're there.

Accumulating wealth and living on wealth are two very different jobs.

For years, you were putting money INTO accounts.

Now you have to decide how and when to take it OUT.

And where you take it from matters.

Take income from one account and you may owe more taxes.

Convert money to a Roth IRA and you may create a tax bill today to potentially reduce taxes later.

Sell a property without understanding your options and you may face a tax bill you can't undo.

Then there's your spouse, your kids, your estate, and what happens when you're no longer making the decisions.

That's a lot to get right.

And it doesn't all happen at once.

That's why I believe retirement planning needs to look 20 or 30 years ahead, not just at next year's investment returns.

I help business owners, farmers, and investors work through those decisions before they become expensive problems.

You did the hard work of building it.

Now let's make sure there's a good plan for what comes next.

If this resonates with you, Reach out.

11/04/2026

You wouldn't run a $5 million business without good people around you. Why would you run your retirement that way?

Think about it.

When you were running your business, you had people you could call.

A CPA for taxes.

An attorney for legal matters.

Someone to help with insurance.

Maybe a banker or investment advisor.

You made the decisions. But you didn't have to know everything yourself.

Then you retire.

And suddenly you're supposed to figure out which accounts to take income from, when to pay taxes, what to do with the business or property, and how to leave it to your family.

Here's the problem.

Each person may be doing their job well. But who's looking at how all those decisions fit together?

A decision that saves taxes today could create a bigger bill later.

A property sale could trigger taxes you didn't expect.

And an estate plan that hasn't kept up with your life could leave your family with problems.

I've seen how expensive it can get when people make big decisions without looking at the whole picture.

That's the work I do.

Not just investments.

Helping people make good decisions with what they've already built.

Because once you've accumulated real wealth, the goal changes.

It's no longer just about making money. It's about making sure one bad decision doesn't undo years of good ones.

If that sounds like where you are, reach out

11/03/2026

You worked 40 years to retire. Now you're supposed to become a tax expert too?

I read an article the other day about a 62-year-old woman who retired with $7 million.

She'd obviously done a lot right.

But now she was managing her investments, planning Roth conversions, watching tax brackets, figuring out Medicare surcharges, and thinking about how to take income for the next 30 years.

Smart lady.

But I kept thinking...

Is this what retirement is supposed to look like?

You spent your life running a business, buying property, raising a family, and building something.

Now you're supposed to understand how every tax, income, and estate decision affects everything else?

And some of those decisions can't easily be undone.

That's where I come in.

I work with people who've already built real assets.

We look at the taxes, income, estate, and protection decisions together so they can make informed choices without having to become experts in everything.

Because the plan that helped you build your wealth may not be the plan you need to live on it and pass it on.

You should understand your plan. You shouldn't have to figure out every
piece alone.

If you're approaching retirement or already there, Reach out.

10/29/2026

You can be worth $5 million and still have a serious money problem.

I've worked with people who have spent their whole lives building farms, businesses, and rental properties.

On paper, they're doing very well.

They own valuable land, buildings, equipment, or a business that's taken decades to build.

But here's a question I like to ask.

What happens if you need $300,000 in cash because of a major health problem?

Or what happens if you die and your family needs money to pay bills, settle the estate, or keep the business going?

Where does that money come from?

Are they going to sell land? Borrow against the business? Sell investments at a bad time?

Those aren't decisions I'd want my wife or kids forced to make without a plan.

That's one of the reasons life insurance can be valuable even for people who already have substantial assets.

Depending on how it's structured, it can provide money to your family when you die, and certain policies can also offer access to benefits while you're living.

It's not the answer to everything, and it has to fit your situation.

But I've found that people feel a whole lot better once we've worked through those questions and they know what their family would actually do.

You spent 40 years building what you own. It's worth spending a little time figuring out how to keep it from being sold when your family needs cash.

If this resonates with you, reach out.

10/28/2026

You've got three kids. One wants the farm. What do the other two get?

This is a conversation I've had with farm families many times.

Mom and Dad have worked their whole lives building the operation. Maybe they've got a few million dollars in land, equipment, and buildings.

One of the kids has been working alongside Dad for 20 years and wants to keep farming.

The other two have their own careers and families.

Mom and Dad want to treat everybody fairly.

But how do you do that?

You can't exactly cut the farm into three equal pieces and expect the farming child to keep operating it the same way.

And you certainly don't want the kids fighting over money after you're gone.

This is one of the reasons I use life insurance in family planning.

When it's set up properly, the death benefit can provide money for the children who aren't taking over the farm, while the child who wants to farm may be able to keep the land and business together.

It doesn't automatically solve every problem, but it can make a difficult decision a whole lot easier.

Fair doesn't always mean everybody gets an equal piece of the land.

Sometimes it means making sure each child is taken care of without destroying what the family spent generations building.

And the same thing applies to a family business.

If you've got kids and you're not sure how this is going to work when you're gone, let's talk before it becomes their problem.

If this resonates with you, reach out.

10/27/2026

You worked your whole life to build the farm. Now you're selling it 40 acres at a time to pay for care.

I've seen this happen more times than I'd like.

A family spends 30 or 40 years buying land, paying off debt, and building something they hope their kids will carry on.

Then Mom or Dad needs nursing home care.

The bills start coming in, and the family needs money. Not more land. Not a higher appraisal on the farm. They need cash to pay the bills.

So they sell 40 acres.

Then maybe another piece a few years later.

And before long, the farm they spent a lifetime putting together is getting sold off to pay for care.

That's why I spend so much time talking with families about planning before something happens.

Certain life insurance policies can provide benefits while you're still living if you qualify for chronic illness benefits. There are other planning tools we can look at, too.

The point isn't to buy another insurance policy.

The point is to have options so your family isn't forced to sell something you spent your whole life building.

If you've built a farm or own substantial property and haven't thought through how you'd pay for years of care, it's worth having that conversation now.

If this resonates with you, reach out.

10/22/2026

If you're retiring soon, bring me the thing somebody told you was “guaranteed.”
Seriously.

Bring the statement.

Bring the contract.

Bring the illustration they showed you.

Then let's sit down and figure out what you actually have.

I don't care what the product is called.

I want to know:

What does it cost?

What income can you actually receive?

What part is guaranteed?

What part can still move with the market?

What happens when you start taking money?

And what decisions become difficult—or impossible—to change later?

That's the conversation I want people having before retirement.

Because retirement isn't the time to discover that “guaranteed income” meant something different than you thought.

Sometimes what you already own makes perfect sense.

Sometimes there may be a simpler way.

Either way, you should understand it.

Real stewardship is simple — not soft.
Know what you own.

Know what it costs.

Know what it's supposed to do for your family.

If this resonates with you, reach out.

10/21/2026

Retirement income doesn't get better just because the product gets more complicated.

I was reviewing a retirement income option recently.

There were contract costs.

Investment costs.

An additional income benefit could have its own cost.

And there were rules around how the money could be invested.

Again, that doesn't mean it's a bad product.

It means I want to know:

What are we actually trying to accomplish?

If the goal is dependable income, let's start there.

How much income do you need?

When do you need it?

How much needs to be predictable?

What do you need access to?

What happens to your spouse if you're gone?

And what are you giving up in exchange for the guarantee?

Then we can compare ways to accomplish it.

Maybe a variable annuity fits.

Maybe a simpler fixed annuity fits.

Maybe neither one does.

Don't start with the product. Start with your retirement.

You've worked too hard for your money to make this decision based on a sales illustration you don't completely understand.

If this resonates with you, Reach out.

10/20/2026

Someone tells you your retirement income is “5% guaranteed.”

Sounds good.

But before I get excited, I want to ask a few questions.

5% of what?

Is that a 5% return on your money?

Or is that simply the amount you're allowed to withdraw each year?

How much are you paying for that income benefit?

And how much of the check you're receiving is ultimately coming from your own money?

Those aren't little details when you're 60 or 65 years old.

You've spent 30 or 40 years building the money.

Now that money may need to produce income for the rest of your life.

I recently reviewed a retirement product where there were different layers of costs— contract expenses, investment expenses, and potentially an additional cost for the income benefit.

That doesn't automatically make the product bad.

But “guaranteed” doesn't mean you stop asking questions.

Before you retire, you should be able to explain your income plan in plain English:

Here's my money.

Here's what I can take out.

Here's what it costs me.

Here's what's guaranteed.

Here's what's not.

And here's what happens if I live another 30 years.

If this resonates with you, reach out

10/15/2026

The older you get, the financial questions change.

It becomes less about:

“What should I buy?”

And more about:

“What should I do with everything I already have?”

The business.

The land.

The rentals.

The old life insurance policies.

The accounts you've accumulated.

The estate documents you haven't looked at in ten years.

These things can represent decades of work.

And sometimes one seemingly simple decision can have consequences you didn't expect.

I recently worked through that with a retiring dad who was tired of paying for an old permanent life insurance policy on his adult daughter.

The easy answer would have been:

“Just cancel it.”

We didn't.

We looked at what he actually owned first.

About $20,000 of cash value.

About $200,000 of death benefit.

Then we looked at ownership, beneficiaries and the possible tax consequences of making a change.

For this family, transferring ownership to his daughter made sense.

Simple change.

But only after we understood the consequences.

That's the work I enjoy.

Helping people who've built real assets make good decisions when the stakes are high.

If you've spent 30 or 40 years building what you have, don't start making permanent decisions just because you're ready to simplify.

Get the facts first.

If this resonates with you, Reach out.

Address

112 North 11th Street
Escanaba, MI
49829

Opening Hours

Monday	8am - 4pm
Tuesday	9am - 4pm
Wednesday	9am - 4pm
Thursday	9am - 4pm
Friday	9am - 4pm

Telephone

+19062331650

Website

https://erkkipeippo.com/

Alerts

Be the first to know and let us send you an email when True Money Mindset posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.