Power Your Retirement

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlNobody likes tax season, but for new retirees, the rules can feel completely different. Income changes, required withdrawals begin, and decisions that once lowered taxes can create bigger bills later. Steve unpacks some of the most common retirement tax mistakes and how they show up in real life. A little forward planning can make a dramatic difference over the long run.Here’s some of what we discuss in this episode:🧾 First-Year Shock: New income mix changes taxes⏳ RMD Timing: Waiting can create bigger problems⚠️ Conversion Mistakes: Overdoing Roth can backfire📉 Social Security Taxes: Up to 85% may be taxed👥 Spouse Impact: Income drops, but expenses don’tGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlMost financial advice focuses on saving for retirement, but what happens when it’s finally time to spend? For many retirees, that shift is harder than expected. After decades of building habits around saving, flipping the switch can trigger fear, hesitation, and even guilt. Today, Steve discusses the emotional and psychological barriers to spending, along with practical strategies to help retirees feel confident using their money.           Here’s some of what we discuss in this episode:😬 Emotional Barriers: Fear and guilt hold you back🔍 Shift Mindset: Reframe habits around money📊 Smart Planning: Build confidence with strategy🧾 Real Examples: Learn from real retiree stories🏁 Encouragement: Permit yourself to enjoy our savingsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlMost folks meet with their financial advisor once a year. That meeting is one of the most valuable hours in your financial life if it's done right. Steve talks honestly about what that meeting looks like when it isn't... and what it looks like when it is. Don’t view your annual review as just a formality. Come ready for a real conversation.Here’s some of what we discuss in this episode:⚠️ Presentation Trap: One-sided meetings miss the point💬 Real Conversation: Engagement drives better outcomes📊 Beyond Returns: Your plan is more than performance🔄 Life Updates: Changes should shape decisions🤝 Build Trust: Strong relationships improve planningGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlWe got a great question from a listener. They wrote in: "What's better — term life insurance, universal life, or whole life?" Straightforward question. Not a straightforward answer, especially if you're in your 50s. Today, Steve walks through all three. The right type of life insurance is the one that solves your specific problem at your specific stage of life. Your needs at 55 don’t look like they did at 35, and your coverage shouldn’t either.Here’s some of what we discuss in this episode:🛡️ Life Insurance Types: Term, whole, and universal each serve different roles📍 Starting Point: What are you actually protecting today?👨‍👩‍👧‍👦 Life Stage Needs: Coverage changes as your life evolves🏦 Whole Life: Long-term coverage with higher costs and tradeoffs🔄 Universal Life: Flexible but requires careful managementGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlAI isn’t just a tech trend; it’s already reshaping how we work, invest, and plan for the future. Questions around job security, investment exposure, and whether AI can- or should- play a role in retirement planning are becoming more common by the day. In this episode, Steve tackles the top questions people are searching right now and breaks down what they actually mean for your financial future.Here’s some of what we discuss in this episode:🤖 AI & Retirement: AI is already influencing work, investing, and planning💼 Job Security Concerns: Adapting to AI may matter more than fearing it📊 Investment Exposure: Many portfolios already have AI-driven risk📈 Retirement Planning: AI can assist, but shouldn’t replace strategy⚖️ Trusting AI: Helpful tool, but not a substitute for real guidanceResources for this episode:DC Participants Open to Private Markets—and AI—with Guardrails: Invesco Surveyhttps://401kspecialistmag.com/dc-participants-open-to-private-markets-and-ai-with-guardrails-invesco-survey/Brookings article: Measuring US workers’ capacity to adapt to AI-driven job displacementhttps://www.brookings.edu/articles/measuring-us-workers-capacity-to-adapt-to-ai-driven-job-displacement/ Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlThere was some retirement news embedded in President Trump’s State of the Union address. He announced a proposal to give workers without employer-sponsored retirement plans access to a government-administered retirement account... with a federal match of up to $1,000 per year. Here's what we know so far… and what we don't.Here’s some of what we discuss in this episode:💰 A proposed $1,000 federal match could boost retirement participation👷 Millions of workers lack access to employer-sponsored plans🔥 The real value may be motivation, not the dollar amount👩‍💻 Gig workers and spouses could benefit in a big way📈 Small, consistent contributions can compound into meaningful growthGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlFinancial media loves simple answers: always do this or never do that. But real financial planning doesn’t work that way. Most of the biggest decisions people face in retirement live in the gray. Steve breaks down some of the most common “black and white” retirement decisions and shows why they’re rarely that simple. When advice sounds too simple, that’s usually a sign there’s more to talk about. Here’s some of what we discuss in this episode:💰 Roth Conversions: Not Always a Win ⏳ Social Security: Early vs. Late Isn’t So Simple 💧 Saving vs. Liquidity: Finding the Right Balance 🎯 Target Date Funds: Is DIY better than custom? Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlEverywhere you turn, somebody’s got financial advice. The problem is, they’re talking to millions of people at once… but you only get one retirement. In this episode, Steve takes some of the biggest names and loudest voices in the money world and puts their advice through a real‑life filter: Does this actually make sense for you, your career, and your retirement timeline? Tune in to find out!Here’s some of what we discuss in this episode:💰 Emergency Savings: Suze Orman suggests larger cash reserves📊 Net Worth Tracking: Kevin O’Leary stresses constant awareness🏢 Leverage Strategy: Grant Cardone promotes aggressive borrowing📈 Retirement Withdrawals: Dave Ramsey advocates higher withdrawal rates🤖 Future Vision: Elon Musk predicts retirement savings may become irrelevantGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlMany people treat old retirement accounts like collectibles; every job leaves behind another 401(k) sitting somewhere in the background. But having multiple accounts doesn’t automatically mean better diversification. Steve explains why consolidating old 401(k)s into a rollover IRA could potentially create more flexibility in your retirement strategy. If you’ve changed jobs over the years and still have old retirement accounts scattered around, Steve helps you think through your next move.Here’s some of what we discuss in this episode:💼 401(k) Collecting: Many people unknowingly accumulate multiple old plans.🧩 Hidden Overlap: Multiple accounts often hold the same investments.📊 Tracking Problems: Old plans easily get forgotten or ignored.🔄 Rollover Strategy: Consolidating accounts can simplify management.🏦 Rollover IRA Benefits: Creates centralized oversight and more flexibility.Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlHaving “too much cash” sounds like a high-quality problem, until it starts quietly working against you. Steve tackles a subscriber question from someone sitting on $150,000 in the bank and wondering if that’s really so bad. The answer? It depends. Steve also shares simple guidelines on what to consider when cash starts stacking up in low-yield accounts, especially in retirement.Here’s some of what we discuss in this episode:🛟 Emergency Fund Guidelines: Three vs six-month rule👨‍👩‍👧 Income Stability Matters: Single vs dual household planning📈 Excess Cash Strategy: When savings becomes overkill📚 Plan Over Opinions: Why brother’s advice isn’t enoughGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlWith 2026 here, it’s a good time to step back and revisit what Powerhouse Financial Advisors is really about. This episode pulls back the curtain on why the firm focuses so heavily on utility employees and how that specialization shapes the planning process. Steve shares the personal experiences that inspired the firm’s mission and walks through what’s evolving behind the scenes. It’s a clear look at who Powerhouse is designed for and where things are headed next.Here’s some of what we discuss in this episode:🧠 Early 401(k) Lessons: Where the mission began⚡ Utility-Focused Planning: Why specialization matters🚀 What’s New in 2026: Tools, technology, and expansion🧭 Power Shift Path: Aligning benefits and risk👥 Best-Fit Clients: Who Powerhouse serves bestGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlIn the spirit of Valentine’s Day, Steve has a little fun comparing a lifelong relationship to your financial journey. From the first spark all the way to ’til death do us part. Like any good relationship, your financial journey works best when you stay committed, adjust through different seasons, and ask for help when you need it. So, if your financial plan were a relationship, how healthy would it be right now? That’s a conversation worth having. Here’s some of what we discuss in this episode:🦋 Catching Butterflies: Early investing excitement and first financial steps🍽️ First Date Decisions: Budgeting, goal setting, and initial risk-taking💍 Going Steady & Proposal: Increasing sophistication, commitment, and shared planning👶 Family & Future Planning: Growing responsibilities and long-term focus🏡 Till Death Do Us Part: Estate planning and legacy conversationsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlPaying off debt is a huge milestone, but what you do next can shape the rest of your retirement. In this episode, Steve tackles two common listener questions: how to wisely redirect extra cash after becoming debt-free, and whether “tax-free retirement income” is actually possible. If you’re trying to make smart retirement decisions, instead of emotional ones, this conversation is for you!Here’s some of what we discuss in this episode:💸 Debt Management & Extra Income: Smart choices for newfound cash flow🎉 Celebrating Debt Freedom: Why milestones matter before next steps🧾 Tax-Free Retirement Income: What it really means (and doesn’t)🔁 Roth Conversions & Tax Strategy: Paying taxes now vs. later📞 Getting Guidance: When professional advice matters mostGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlOne of the most important retirement decisions doesn’t show up on your paycheck; it shows up in how your contributions are taxed. That’s what prompted a recent listener question about whether 401(k) contributions should be Roth or traditional, and whether age changes the answer. The truth is, the right choice isn’t simply tax now versus tax later, but how each option fits into the bigger picture of your retirement plan. Today, Steve brings clarity to a decision many people second-guess.Here’s some of what we discuss in this episode:⚖️ Roth vs. Traditional: Understanding the core difference🧾 Contribution Basics: How each option is taxed⏳ Age Factor: Why timing influences the decision🔄 Tax Dynamics: Planning across changing brackets🧩 Splitting Strategies: How to use both for flexibilityGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlThere’s no shortage of financial advice out there, and unfortunately, not all of it is good. Some of the most damaging retirement mistakes don’t come from reckless behavior, but from ideas that sound reasonable and get repeated often enough to feel true. Today, Steve busts some of the most common retirement planning myths and explains why believing them can quietly derail an otherwise solid plan.Here’s some of what we discuss in this episode:📄 Financial Plans – Why more doesn’t automatically mean better⚖️ Estate & Spousal Assumptions – Where oversimplification causes problems📉 Markets & Spending – The danger of reacting emotionally to volatility🧾 Taxes & Social Security – Why retirement income often surprises people🧠 Decision-Making in Retirement – Choices often get harder, not easierGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlAfter a year filled with volatility and economic curveballs, it’s understandable why optimism about the economy may not come naturally for many people. Steve shares why one economist believes 2026 could be stronger than expected and offers his own perspective on whether that optimism is justified. A brighter outlook is encouraging, but Steve explains why a solid financial plan matters more than any single economic forecast.Here’s some of what we discuss in this episode:💵 Consumer Cash – Why households may have more money💰 Extra Payments – Potential refunds and additional inflows🏢 Business Growth – Increased capital and investment flexibility📉 Lower Costs – Interest rates and energy easing pressure🌍 Market Stability – Fewer shocks from tariffs and tradeBloomberg News opinion column by economist Allison SchragerFive Reasons To Be Optimistic About The 2026 Economyhttps://www.fa-mag.com/news/five-reasons-to-be-optimistic-about-the-2026-economy-85324.html?section=68Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlThere’s something unforgettable about a snow day- unexpected, disruptive, and strangely freeing. In this episode, Steve borrows classic snow-day moments and turns them into practical lessons for building a stronger financial life. From preparation to patience, these metaphors reveal what really matters when conditions change. Because the best plans aren’t just built for sunny days.Here’s some of what we discuss in this episode:☃️ Snow Day Memories: Why unexpected breaks teach us more than routine🛷 Sledding Lessons: The effort it takes to build momentum🏠 Staying Put in Storms: Knowing when not to react🧥 Layering Up: Why diversification matters🌨️ Enjoying the Moment: Making space for what you’ve builtGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlA new year brings new rules, and some of the changes in 2026 could quietly impact your cash flow, taxes, and retirement strategy. In this episode, Steve walks through the most important updates affecting retirees and pre-retirees. While each change may seem small on its own, together they can meaningfully shift how your plan works, so tune in! Here’s some of what we discuss in this episode:🗓️ 2026 Overview: The financial changes setting the tone for the year📈 COLA Update: What the Social Security adjustment really delivers🏥 Medicare Premiums: Why higher costs still catch people off guard🧾 Senior Tax Breaks: New deductions that may ease the burden🚀 Catch-Up Contributions: Bigger saving opportunities near retirementListen to Retirement Health Care Costs Just Jumped Again (2025 Update):https://www.buzzsprout.com/2416928/episodes/18289117Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlAs we close out 2025 and look ahead to the new year, we’re answering listener questions in this special mailbag episode. From spending more in retirement to finding the right kind of financial guidance, this episode focuses on making confident, well-planned decisions. Steve explains why needing more income in retirement isn’t irresponsible if it’s intentional and feasible, how to plan for the more active “Go-Go Years,” and what to watch out for when professional advice starts to feel like a sales pitch.Here are some of the questions we discuss in this episode:💼 Spending more in retirement- when it works and planning for it✈️Planning for travel and fun during the Go-Go Years🛑Recognizing product-driven advice vs. real planning🎉Year-End Note: Perspective and gratitudeListen To "The 5 Retirement Questions Smart People Ask:"https://www.buzzsprout.com/2416928/episodes/18401922Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlYou’ve heard the saying, “There’s no such thing as a bad question.” But in retirement planning… some questions are definitely better than others. In this episode, we’ll shift some common financial questions to better, more productive ones that can dramatically change how your retirement planning unfolds.Here are some of the questions we discuss in this episode:💭 How much money do I need to have saved in order to retire?💭 Should I get long-term care insurance or just roll the dice?💭 Where can I pay the lowest fees for financial advice?💭 Should I take Social Security at 62 or 70?💭 How can I avoid risk?Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlHow do you know if the financial advisor you’re working with is actually the right fit or a costly mistake waiting to happen? Steve pulls back the curtain and shares five major red flags that often show up in unhealthy advisor relationships. If something feels off, this conversation will help you trust that instinct and know what to do next.Here’s some of what we discuss in this episode:📋 One-Size Plans: generic strategies ignoring personal goals🛒 Sales Mode: product pushing over real planning🔍 Missing Discovery: little effort to understand your unique situation💬 Fee Transparency: unclear costs and compensation🗣️ Dominant Advisors: talking more than listening🤝 Building Trust: relationships grounded in clarity and respectGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan Mail📱 Want expert help in planning for your financial future? Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12 ⚡ Get your no-cost Retirement Toolkit: https://keap.page/ngt919/toolkit.htmlWe spend plenty of time talking about how to become a client, but today we flip the script and talk honestly about what it’s like once you’ve actually become a client. Steve pull backs the curtain on how real planning works, how communication evolves over time, and why the advisor–client dynamic is far more personal than most people realize. If you’ve ever wondered what working with a financial advisor feels like day-to-day, this episode gives you a true inside look.Here’s some of what we discuss in this episode:🧠 Seeing Through the Client’s Eyes: what the experience feels like from the inside🎯 Why Objectivity Matters: the value of having someone unemotional about your money🗓️ Annual Strategy Sessions: how reviews evolve as your life changes💬 Comfort & Communication: finding a rhythm that fits your personality🎉 Celebrating Wins: the joy of reaching major milestones together⚡ Navigating Setbacks: how advisors help during unexpected life shiftsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailFidelity just released their 2025 Retiree Health Care Cost Estimate, and the number is staggering: $172,500 for a 65-year-old retiring today. The bigger problem? One in five Americans haven’t even thought about health care costs in retirement. Steve breaks down what this means, why it matters, and how to prepare before medical costs derail your plan. Health care is one of retirement’s biggest wildcards, but with the right strategy, you can make it just another budget item, not a financial shock.Here’s some of what we discuss in this episode:💰 2025 Healthcare Cost Estimate: what Fidelity’s new number means for retirees📊 Breaking Down the Costs: what’s actually included and what isn’t🧾 Preparing for Rising Expenses: why healthcare must be part of your retirement plan🏥 Using HSAs Wisely: how to maximize the triple tax advantage💡 Medicare Misconceptions: common blind spots and planning mistakes📉 Reducing the Burden: strategies to manage and lower lifetime healthcare costsFidelity Investments® Releases 2025 Retiree Health Care Cost Estimatehttps://newsroom.fidelity.com/pressreleases/fidelity-investments--releases-2025-retiree-health-care-cost-estimate--a-timely-reminder-for-all-gen/s/3c62e988-12e2-4dc8-afb4-f44b06c6d52eGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailThanksgiving gives us the perfect excuse to pause and appreciate what’s going right, financially and otherwise. Gratitude doesn’t just lift your mood; it has a real impact on how you save, spend, and plan for the future. When we slow down long enough to acknowledge what we have, it becomes easier to make wiser, more grounded financial decisions.Today, Steve talks about how thankfulness may be one of the most powerful financial tools you already possess.Here’s some of what we discuss in this episode:🦃 Thanksgiving Gratitude: appreciating the moments and people that anchor us📊 Thankfulness & Money Habits: research showing gratitude boosts smarter financial behavior💵 Income Appreciation: recognizing the stability and opportunity a steady paycheck provides💡 Learning from Mistakes: how past missteps become valuable financial lessons🤝 Supportive Relationships: the people who shape our financial mindset and confidenceGratitude Study: https://www.today.com/money/be-thankful-save-more-study-says-gratitude-helps-us-reach-1d79801892Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailMost people think financial planning is about calculators, spreadsheets, and strategies, but that’s only half the story. The way you feel about money can influence your decisions just as much as the numbers do. Steve explores how emotions shape retirement choices, investment preferences, debt decisions, and even legacy goals. Numbers create the structure, but your feelings shape the plan that truly fits your life.Here’s some of what we discuss in this episode:📉 Market Volatility: managing the fear that comes with big swings🎁 Purpose & Meaning: finding fulfillment through giving and legacy🏛️ Leaving a Legacy: the emotional side of what you want to leave behind🏡 Retirement Emotions: how family, location, and lifestyle drive decisions💳 Debt & Well-Being: how carrying debt affects stress and choicesGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailWhat would you do if a client came in with $1 million in cash to invest? That was the question put to three financial advisors in a recent article. Today, Steve is reacting to their takes and adding some important layers that the article missed. It’s interesting to hear what other pros recommend, but the reality is that every million-dollar plan is unique. Here’s some of what we discuss in this episode:💰 The Million-Dollar Question: What makes this investment scenario so interesting🎯 Age Matters: How your investment mix should shift based on your stage of life🧮 Custom Planning: Why there’s no one-size-fits-all answer to investing $1 million💵 Liquidity & Access: Keeping enough cash on hand for flexibility📈 Tax Strategies: How Roth conversions and smart allocation can boost efficiencyFinancial Advisor Magazine, Where Should A Middle-Aged Client Invest $1 Million? 3 Pros Share Their Ideas: https://www.fa-mag.com/news/have--1m-to-invest--rias-hightower--wellington-altus--poljak-have-thoughts-84240.htmlGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailBonds used to be the “boring” part of a portfolio- safe, steady, and not very exciting. But with yields at multi-decade highs, many investors are asking: is now the time to give bonds a bigger role in your strategy? In this episode, Steve explains how to evaluate bond opportunities in today’s environment and assess whether they’re a wise choice for you. Before you go all in, make sure the mix fits your long-term plan.Here’s some of what we discuss in this episode:🧠 Investor Psychology: why “boring” investments often bring long-term peace of mind📈 Understanding Returns: how bond yields and prices move in opposite directions⚖️ Interest Rate Risk: what duration means and how to manage volatility💡 Diversification Benefits: using bonds to balance equity risk and smooth performance🧭 Customized Strategy: tailoring your bond exposure to your goals, not the headlinesResources for this episode:https://www.usbank.com/investing/financial-perspectives/market-news/interest-rates-affect-bonds.htmlhttps://www.fa-mag.com/news/could-bond-markets-finally-be-making-sense-again-83906.html?section=68https://www.fidelity.com/learning-center/trading-investing/bond-market-outlookGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailWell, you’re retired. Now what? Some people subscribe to the “first year rule,” which says that the majority of your best retirement months will all take place in the first year of retirement. So how can you be strategic during that first year and set the tone in the right way, both emotionally and financially? In this episode, Steve outlines five key areas that every new retiree should focus on during this major life transition. Here’s some of what we discuss in this episode:💵 Adjust Financially: learn to manage new income streams and spending habits📊 Sustainable Withdrawal Strategy: protect your portfolio from early market swings🧭 Find Purpose: replace work identity with meaningful daily fulfillment💪 Stay Physically Active: maintain strength, mobility, and long-term independence🧾 Avoid Overspending: set realistic expectations for your “go-go years”Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailOctober is known for cooler weather, pumpkins, and Halloween. But did you know it’s also Financial Planning Month? While it might not come with costumes or candy, it’s a perfect reminder to pause, take stock, and be intentional with your money. Steve shares four simple but powerful ways to refresh your financial life and make sure your money is aligned with your values and future plans. A little reflection now can go a long way toward making your financial future more secure… and less scary!Here’s some of what we discuss in this episode:🕰️ Make Time for Review: October is your perfect financial reset window🚀 Progress, Not Perfection: every step forward builds financial confidence💬 Ask Questions: don’t hesitate to reach out for financial clarity📊 Take Inventory: review accounts, balances, and progress toward goals🤝 Find Professional Support: the right advisor helps simplify your decisionsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailIn this mailbag episode, Steve tackles a listener question from Seth about whether or not to buy an RV in retirement, and how to do it without wrecking his financial plan. Should he drain his IRA and take the tax hit, or take on new debt in his 60s? Steve walks through how to think about big-ticket purchases in retirement, when debt might be acceptable, and how Roth 401(k)s can play a role in funding goals tax-efficiently. If you’ve ever wondered how to balance enjoyment and financial discipline in retirement, this episode will help you weigh your options without sacrificing your stability. Here’s some of what we discuss in this episode:🚐 The true cost of big retirement purchases💸 What to consider before withdrawing large sums from your IRA🧮 Running “what-if” scenarios to guide smarter choices🎯 The importance of aligning big goals with your retirement planGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailFor many parents, the dream of sending their kids to college comes with a heavy financial hangover. In this episode, Steve breaks down the surprising new research showing how college costs are derailing retirement goals, and why nearly half of parents say they’d rather talk about drugs and politics than tuition costs. Steve explains where families go wrong, from overextending themselves to skipping retirement contributions, and offers smarter strategies to help parents fund education without sabotaging their own future. Here’s some of what we discuss in this episode:🏦 Skipping retirement savings to pay tuition backfires🔄 How early planning eases the burden for everyone🎓 Teaching kids responsibility with “skin in the game”🛠️ Community college, trade schools & smarter alternatives📈 Alternatives for flexible college savingsCitizens Financial Group’s 2024 College Planning Study:https://investor.citizensbank.com/about-us/newsroom/latest-news/2025/2025-06-24.aspx    Sallie Mae’s “How America Pays for College” Report:https://www.salliemae.com/about/leading-research/how-america-pays-for-college/ Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailWe all know there are things in life you probably shouldn’t trust, like gas station sushi or an email from a Nigerian prince. But what about when it comes to retirement planning? Sometimes what looks safe, easy, or even “guaranteed” isn’t so trustworthy when you peel back the layers. In this episode, Steve shares the financial “gas station sushi” equivalents that lure people in but can leave them feeling sick later. Here’s some of what we discuss in this episode:🍣 The lure (and danger) of gas station sushi as a metaphor for risky financial choices🤖 Using AI or WebMD as your doctor or financial advisor  🗣️ Friends & neighbors’ “big wins” aren’t always the full story 🩹 Dollar-store duct tape: sometimes you get what you pay for⚠️ The risks of blindly following financial rules of thumbGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailYou’ve spent decades building your investment accounts, monitoring the markets, and contributing to your 401(k). That’s great. But here’s the truth: you’re not ready to retire if that’s all you’ve done. Retirement planning isn’t just about your portfolio; it’s about so much more. In today’s episode, Steve explains why focusing only on the numbers can leave blind spots that derail your future. Here’s some of what we discuss in this episode:🏖️ Retirement is about lifestyle, not just investments📆 Social Security timing can significantly change outcomes🏠 Housing decisions (downsizing, relocating) reshape your plan💊 Healthcare and long-term care costs can derail finances📜 Estate and tax planning are crucial, not optionalGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailInflation may not be in the headlines like it was in 2022, but for most Americans, it’s still public enemy number one when it comes to saving for retirement. A new Schwab survey reveals just how many people feel unprepared, and the ripple effect it has on retirement confidence. In this episode, Steve unpacks the numbers behind the survey and talks through what they mean for you.  Here’s some of what we discuss in this episode:📉 57% say inflation is their biggest obstacle to retirement💸 Only 34% feel “very likely” to meet retirement goals🛒 4 in 10 are cutting back spending to keep saving🏦 Hardship withdrawals and 401(k) loans are down from last year🔑 Confidence grows when there’s a plan in placeSchwab SurveyAmericans believe this is the No. 1 obstacle to saving for retirement, by Medora Lee: https://www.usatoday.com/story/money/personalfinance/2025/07/29/inflation-retirement-savings-survey/85413630007/Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailMost people don’t feel wealthy. But what if your day-to-day habits are quietly building serious financial strength? A recent article from Kiplinger outlined five surprising signs that you might be richer than you think. And none of them involve yachts or private jets… Let’s analyze the habits that signal real, lasting wealth and what to do if you are (or aren’t) on the right track.Here’s some of what we discuss in this episode:💵 Building a real emergency fund📉 Living below your means (and fighting lifestyle creep)📊 Investing strategically with retirement accounts & beyond💡 The power of multiple income streams🕰️Having a long-term focus Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailIt’s been 60 years since Beatlemania took America by storm. But beyond the screaming crowds and legendary performances, some of their lyrics still carry timeless wisdom, even when it comes to your financial life. In this episode, Steve takes us on a magical mystery tour through classic Beatles songs to uncover lessons about investing, planning, and preparing for retirement.Here’s some of what we discuss in this episode:🕹️ Learn to “play the game” early with savings and 401ks🌊 Market waves happen, sometimes the best move is to “let it be”🏥 Life and health curveballs can knock you off track, but you can “get back”👋 Retirement is saying “goodbye” to work and “hello” to a whole new chapterGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailThe kids may be heading back to class, but it’s also a great time for adults to brush up on retirement planning. In this episode, Steve walks through some key concepts that can make or break your retirement readiness. Test your knowledge with this quick financial pop quiz- five essential questions every pre-retiree and retiree should know. Here’s some of what we discuss in this episode:🧾 Full Social Security benefits for those born after 1960💵 IRA contribution limits for age 50+ in 2025📉 What accounts have required minimum distribution rules 📚 What the 4% rule refers to⏳ Biggest retirement risks retirees often overlook4% Rule Episode:https://www.buzzsprout.com/2416928/episodes/17699212Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailThe 4% rule gets talked about like gospel in retirement planning. But let’s be honest, it’s always been more of a rough guess than a golden rule. Now, its original creator is revising it to 4.7%. So, does that mean your retirement paycheck just got a raise, or is this just another headline that oversimplifies a complex decision?Here’s some of what we discuss in this episode:💡 The basics of the original 4% rule📈 What’s changed in the 2025 update🚦Why this isn’t a green light to spend more 📝What hopeful retirees should take away from this change Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailTarget-date funds just passed $4 trillion in assets. They’re now the default investment in many 401(k)s, and millions of Americans are using them without really understanding how they work. So, are they a smart choice or just the easiest one? In this episode, Steve unpacks the pros, cons, and misunderstood mechanics of target-date funds. Here’s some of what we discuss in this episode:📈 What target-date funds actually do behind the scenes💼 Why target-date funds are often the default and what that means🧮 The big gap between “easy” and “optimized”💡 A real example of lost growth due to early bond shifts📊 Why planning matters more than a picked retirement yearMorning Star article Target-Date Funds Have Delivered: https://www.morningstar.com/funds/target-date-funds-have-delivered-investorsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailToday, we’re answering a smart question from a viewer about hiring a spouse or children in a family business. When structured properly, this strategy can create meaningful tax deductions, help a spouse build Social Security benefits, and even give children a head start on retirement savings. But if handled carelessly, it can raise red flags with the IRS.Here’s some of what we discuss in this episode:📋 What the IRS looks for in legitimate family employment💼 Payroll tax deductions that can benefit your business🧾 Why documenting hours and wages accurately is critical🏢 How your business structure (LLC, S Corp, etc.) changes the rules🛑 Common IRS red flags and audit triggersGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailFinancial terms get thrown around all the time- crash, correction, high yield, equities, fiduciary- but do you really know what they mean, and why the wording matters? In today’s episode, Steve breaks down common financial terms you hear all the time, what they really mean, and why understanding them could make a real difference in your confidence and financial decisions.Here’s some of what we discuss in this episode:🗣️ How words shape perception, even in finance📉 “Crash” vs. “correction:” Why it feels different💰 “Junk bond” or “high yield?” Same thing, different spin📊 Which do you trust more: “Stocks” or “equities?”👨‍💼 “Advisor,” “planner,” “broker:” What’s the real difference?Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailToday, we’re kicking off our new Financial Book Club with The Psychology of Money by Morgan Housel. This isn’t just a book about financial strategies- it’s about the why behind the decisions we make with money, even when they seem irrational. In this episode, Steve breaks down four key themes from Housel’s bestselling book and explores how they show up in real life.Here’s some of what we discuss in this episode:🚨 The danger of moving your financial goalposts💡 Why “reasonable” often beats being “rational” in finance 🛟 The power of margin and room for error🚲 How emotional spending shows up, even with hobbiesGet your copy of The Psychology of Money: https://tinyurl.com/5n83r4h7 Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailAre you saving so much for retirement that it’s squeezing your life today? In this episode, Steve’s answering a smart viewer question about finding the right balance between preparing for the future and living fully in the present. Steve dives into Dennis’s situation: a high-income earner who’s maxing out multiple retirement accounts yet still feels like he’s living paycheck to paycheck. Here’s some of what we discuss in this episode:🧭 How to tell if you’re ahead, behind, or right on track💸 Warning signs you may be sacrificing too much for retirement😵‍💫Why generic retirement benchmarks can mislead you🛑 When it’s okay to slow down retirement contributions in the short term💡 Why “spending some now” might be smarter than you thinkGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailThe five love languages were made popular by author Gary Chapman. If you’re not familiar with them, they include acts of service, quality time, words of affirmation, gifts, and physical touch. Let’s think about how you may encounter the love languages when it comes to financial planning. Here’s some of what we discuss in this episode:💰 How your love language could shape your financial behavior🕰️ What quality time has to do with long-term investing💬 Why some clients delay meeting an advisor🎁 How financial gifts can leave a lasting impact🤝 Why human connection still matters in an AI-driven worldGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailThinking about using real estate to strengthen your retirement plan? From generating income to offering financial flexibility or emergency access to cash, real estate offers a wide range of possibilities. But not every option is the right fit for every retiree. In this episode, Steve breaks down seven common real estate approaches that frequently come up in financial planning conversations.Here’s some of what we discuss in this episode:🏘️ Are rental properties worth the work for you?💳 The pros and cons of HELOCs in retirement⚖️ Reverse mortgages: when they’re beneficial and when to steer clear🔨 House flipping in retirement: what to consider📉 How downsizing (or rightsizing) can boost your retirement securityGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailToday, Steve answers three thoughtful listener questions from viewers like you! Is saving 15% of your income truly necessary or just a rule of thumb that doesn’t fit everyone? What should you consider if you’re unexpectedly offered a severance package right before retirement? And does the popular 4% withdrawal rule still work in today’s financial landscape?Here’s some of what we discuss in this episode:🎯 Is saving 15% of your income really necessary or even realistic?💼 Why a severance package could be a retirement windfall🔍 Does the 4% rule still hold up in today’s retirement landscape?🤔 What to consider when retirement plans shift unexpectedlyGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailIf you’ve ever left a job and wondered what to do with that old 401k account, you’re not alone, and today’s episode is for you! In this listener mailbag edition, Steve answers a question from William, who’s trying to decide whether to leave his 401k where it is or roll it into an IRA. It sounds simple, but the implications can be huge.Here’s some of what we discuss in this episode:🔄 Rollover or leave it? Some pros and cons🔍 Hidden 401k fees most people never see🧾 How to avoid surprise tax bills during a transfer❌ Why "set it and forget it" could cost you🧩 Consolidating smart, not blindlyGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailWelcome to our final installment of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors!Let’s be real. Nobody wants to talk about fees, but everyone wants to know if they’re getting a fair deal! Today, Steve sheds light on one of the most misunderstood aspects of working with a financial advisor: what you're actually paying for, and why it matters.Here’s some of what we discuss in this episode:🔍 The 3 main fees in most financial plans📊 How to assess whether you're getting real value 💬 What the “average” advisory fee actually looks like 🧠 Why younger investors often miss out on valuable adviceGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailWelcome to part 6 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors!Change is the name of the game! Career shifts, unexpected life twists—whatever it is, your retirement plan has to keep up. Today, we’re talking about flexibility. Why? Because your retirement should be as adaptable as you are! If you’re wondering how to keep your plan steady, even as life changes, tune in. This episode is all about rolling with the punches and staying on track!Here’s some of what we discuss in this episode:🔄 What true financial flexibility actually looks like📁 How old 401ks can quietly derail your plan🧳 Handling job changes without losing retirement momentum🧩 The value of integrated planning during life transitions 💬 What most DIY investors miss when managing transitionsGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...

Send us Fan MailPlenty of people have concerns about stock market volatility, a potential recession on the horizon, and fears for the economy amidst federal layoffs and tariffs. What if you’ve had 2025 marked on the calendar for a while as the year you plan to retire? Is this a bad time to do it? In this episode, Steve breaks down what retirees and near-retirees should actually be focused on in times like these. Here’s some of what we discuss in this episode:📉 Why panic is your worst enemy during volatility🛑 How to reevaluate your risk tolerance before retiring🕰 Why long-term planning still matters, even at age 65💡How downturns could actually be an opportunityGet your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.htmlYouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9SgBook your 401(k) Onboarding Meeting: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12Other ways to get in touch:Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected]: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisorsThis podcast is provided by Powerhouse Financial Advisors Inc. ("PFA"), a state-registered investment adviser. The information provided is for informational and educational purposes only and should not be considered personalized investment advice. PFA does not guarantee the accuracy, completeness, or suitability of ...