9 Questions To Ask A Flat Fee (or any!) Financial Advisor As You Near Retirement
Here is a list of the 9 best questions I have personally been asked over the years that I believe are important, along with comments and answers for my own firm…
Entries by Mike Powers
Extension of the ACA “Subsidy Cliff?”
One of the biggest challenges with retiring before age 65 (Medicare eligibility) is navigating the complexities of health insurance coverage. In particular, trying to qualify for premium tax credits that help reduce the cost of health insurance purchased on the…
In the News: I Bonds
If you have not yet heard, there is an interesting investment option currently available that takes advantage of the high inflationary environment: Series I Savings Bonds (also known as “I Bonds”). Last week I was asked by the team at SoundDollar to write about I…
Health Insurance for Retirees before age 65
Last month I was invited to speak on Twitter with my friend Cody Garrett, a fellow CFP®, on The 7 Options for Health Coverage Before Medicare. Given that over 240 people listened, including many other financial planners, I realized how important of a topic this is for…
In the Media
Since launching our firm, Michael (Mike) Powers, a flat fee-only financial planner in Richmond, VA, has been fortunate enough to have been covered in the following media publications: CNBC – “4 tips for saving for retirement, according to a financial planner who helps…
Need a new car? Now might actually be a good time to buy.
As the pandemic has impacted many parts of the economy, the one area I seem to hear a lot about lately is car prices. With used car prices up about 31% and new car prices up 11% in the last year, you may think I’m crazy to say right now might be a good time to buy….
Q4 2021 Market Review
US and international developed stocks were up in the 4th quarter, while bond returns were flat. See how each asset class performed, including an article on “All-Time-High Anxiety” from Weston Wellington: Read More…
How to Freeze Your Credit
One of the best ways to prevent someone from opening accounts in your name without your consent is to implement a credit freeze. This blocks access to your credit reports, so when an application is submitted for credit using your social security number, the potential…
Do you have sufficient property and casualty insurance coverage?
In our first video blog post, Lisa Fajgenbaum, Private Risk Advisor with USI Insurance Services, joins me to address a number of common questions I get asked when considering property and casualty (P & C) insurance. Lisa has helped a number of families I serve…
Year-End Tax Planning Strategies for Individuals
Currently all the focus in the tax world is the potential “Build Back Better” bill being debated in Congress. But without knowing if or when the bill will be passed and what the final version will include, there are still a number of proactive…
Premium Service. Flat, Fully-Transparent Fees. Exceptional Value.
