Empowered Financial Management

09/27/2021

Emma, Pete, Caleb, and Nick all went to the Ryder Cup last week! Emma and Pete stopped for a quick selfie together. Did anyone else go? ⛳️

09/11/2021

09/02/2021

Did you know that a solid retirement plan is about much more than a collection of investments and insurance products?

Check out Nick's recent Kiplinger article to learn more.

A solid retirement plan is about much more than a collection of investments and insurance products. Be organized about your approach. Here’s how.

08/16/2021

If you’re nearing retirement, have retired, or recently left your company for any reason, you should create a 401(k) game plan.

If you’re nearing retirement, have retired, or recently left your company for any reason, you should create a 401(k) game plan. Know how your investment options can expand, how to avoid tax traps, and what you’ll do with any company stock in your 401(k). There are many

08/13/2021

In many ways, retirement is a lot like those summer breaks from school. It’s a time of freedom with the ability to focus on doing the things you want to do with the people you want to do them with. Only this time, it doesn’t have to end with summer.

As summer draws to a close, we might be planning our last trip to the beach or a favorite weekend destination. Whether you choose to enjoy the long summer days by lounging around with a good book or doing something a little more physically taxing, summer is

08/09/2021

They say there’s no such thing as a free lunch, but what about a tax-deductible lunch?

They say there’s no such thing as a free lunch, but what about a tax-deductible lunch? While many of your income sources can be taxed, there are strategies to help minimize your overall tax burden before and in retirement. An advantage of going to one professional for

08/06/2021

Social Security and retirement account scams can be financially devastating and very difficult to correct, so know how to avoid them. Awareness is crucial – read about these three common scams aimed at retirees.

Cybercrimes aimed at older Americans have increased five times since 2014, and all too often, they're successful. Social Security and retirement account scams can be financially devastating and very difficult to correct, so know how to avoid them. Awareness is crucial - read about these three common

08/02/2021

Retirees may need to be concerned about inflation, which can eat away at savings and any fixed-income payments they receive, including Social Security benefits. Because of this, we could see a change in how Social Security responds to inflation.

Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. He admitted that inflation is “well above target” but didn’t indicate any major changes in Fed policy in the near future. R...

07/26/2021

It’s important to know where your retirement income will come from. It could come from several different sources, so know how much will come from each and the total amount.

You're used to receiving a paycheck, and perhaps you've been used to it steadily increasing over the course of your career. You may have experienced what’s known as “lifestyle inflation” and may not plan to downgrade in retirement. Whatever the case, it’s important to know where your

07/23/2021

If your nest isn’t as full as it once was, or you find you’ve accumulated a few too many things during COVID, consider decluttering.

If your nest isn’t as full as it once was, or you find you’ve accumulated a few too many things during COVID, consider decluttering. Having less clutter in your living space and better organization can help make a world of difference. If you've accumulated more possessions than

07/19/2021

If you have a 401(k), IRA, or other retirement accounts, it’s important to keep a few things in mind including important milestone ages and their recent changes. Here are the most important ages for your retirement accounts, starting at age 50.

If you have a 401(k), IRA, or other retirement accounts, it’s important to keep a few things top of mind: Know how much you're contributing, how your investments are performing, and how much you're paying in fees. You should also note important milestone ages and their recent