the ways we help you plan your financial future and determine a strategy customized to your unique financial needs
6 Pillars of Retirement
A complete retirement plan needs six pillars for a financially successful retirement. The unfortunate reality is that most people only have one. If they have successfully done further planning, they may have 2-3 pillars in their plan. Very few, however, have all six. Having all six pillars creates a retirement plan designed to weather any storm – giving you the peace of mind you need to retire.
IS THE EMPOWERED SOLUTION RIGHT FOR YOU?
Empowered Financial Management is a local company in the Madison, Wisconsin community that has focused mission seeking to make a large impact. We developed a proprietary process designed for pre-retirees/retirees and their families, primarily a group of successful business owners and professionals, who among other things aspire to achieve financial independence and a work-optional lifestyle.
We recognized a common problem that many near retirement were facing: they had no idea where to start with retirement planning and were overwhelmed when they began facing the complexities and intricacies that a retirement plan involved; they were working with an advisor who was not a fiduciary, and therefore was not putting their best interests first; the retirement plan that was created for them only covered one or two pieces of the retirement “puzzle”, not everything they actually needed to be prepared; they were not working specifically with a retirement specialist, and therefore the strategies used were not designed for retirement; and they didn’t recognize all the problems that they could potentially face until it was already too late.
This is why we created the Empowered Solution, a proprietary process that covers every piece of the retirement puzzle. Our team of specialists understands what you need before you do, and strives to take care of it before you realize action needs to be taken. 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. The problem is that unlike earlier in a career, time is not on your side – you’re already retired and no longer working!
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. We only work with those we can truly help and are a fit for our process. Our clients tend to be successful professionals and business owners who are engaged, open minded, down to earth, desiring help, and humble. They are often the “millionaire next door”. We have a strong relationship with them and seek for a partnership in their retirement. We are their Chief Financial Officer in retirement.
We are passionate about helping those in or entering the retirement phase of life, but we are also passionate about giving back to both local and global communities. We not only sponsor several organizations financially, but we want to take it a step further and volunteer our own time, as well. Every employee takes time out of their work day to volunteer at various organizations, one local organization being Middleton Outreach Ministry. Several of our staff have also travelled to Guatemala to support Safe Passage, and organization working to educate both children and families that live in the Guatemala City Dump. We devote ourselves to these ministries, in hopes that we inspire other companies and families to do the same. Our passions in the non-profit community include providing educational opportunities, teaching finance at a young age, entrepreneurship, giving back to our military, and even caring for pets.
We are excited to get to know you more, and look forward to seeing if our process is the right fit for you!