Entries by Mike Powers

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…

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…

Mike Powers featured in CNBC for Retirement Planning

I recently had the pleasure of speaking with Jasmin Suknanan at CNBC on the importance of saving for retirement. In Ms. Suknanan’s article, one of the things she focused on was calculating how much money you’ll need to fund your retirement. “The 4% rule is this idea…