Empowered Financial Management
When meeting with pre-retirees and retirees, we often find that they did not have a complete plan that includes all six pillars of retirement: income plan, investment plan, tax plan, health & long-term care plan, legacy plan, and a fiduciary advisor. They often had an investment plan, but did not have a written income plan, did not have a clear picture of their tax situation before, during, or even after retirement, could not list 2-3 hedges they were utilizing to hedge healthcare costs, and more. This was a serious problem – but what was even more serious is that these pre-retirees and retirees were not aware that they even had a problem!
This is why we created the Empowered Solution, a proprietary process that covers every piece of the retirement puzzle. Planning in retirement should be proactive, not reactive. Unknowing mistakes may cause you to run out of money, have the legacy you leave for your beneficiaries spent within two years, leave your spouse in higher income bracket with less net income, pay higher medical bills than expected, or many other critical issues.
Our strategies focus on low-risk and low-volatility investments. Empowered Financial Management’s philosophy is to focus on the preservation of wealth during both the accumulation and distribution stages of retirement planning. We are not product-driven, but rather show our clients how to be defensive in bad times and opportunistic in good times.
We understand that the Empowered Solution is not for everyone. In fact, we get to know you and allow you to get to know us before any decisions are made; we take the time necessary so we both evaluate if the Empowered Solution is the right fit for your situation. This is a lifelong relationship, so this is important to us, just as we know it is important to you.