emPOWER Financial Consulting LLC

Your Life. Your Future. Your Legacy.

Financial consultant (show on map)

5.0

★★★★★

9 reviews

emPOWER Financial Consulting is dedicated to creating financial independence with a focus on helping others achieve financial goals while understanding each client's unique purpose, mission and values.

Call (267) 207-5307

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About

emPOWER Financial Consulting is dedicated to creating financial independence with a focus on helping others achieve financial goals and understanding each client's unique purpose, mission and values. They strive to emPOWER clients by offering education, tools and resources which allow for clear communication and bring their ambitions and objectives to fruition.

Each client has a different vision about what makes life great. They are a force of calm, providing guidance in the face of concern and uncertainty, which are all too often obstacles along the path to financial success.

Dedicated to creating financial independence

Focus on unique purpose, mission and values of each client

Force of calm providing guidance amid concern and uncertainty

Free first consultation

Personalized strategies aligned with client life goals

Services

Goal Setting

Help identify goals and build a plan to reach them using SMART goal framework.

Goal identification Strategic planning SMART goals

Behavioral Finance

Help sort out thoughts and rationale while keeping finances on track despite emotions and social influence.

Decision-making support Emotional guidance Social influence awareness

Budgeting/Savings

Build a budget as the foundation to a sound financial plan, establishing needs, wants and wishes for success.

Budget creation Spending purpose Needs/wants/wishes framework

Debt Management

Put together strategy for most efficient repayment plan for credit card debt, student loans, car purchases, or home purchases.

Repayment strategies Debt analysis Scenario planning

College Planning

Develop a plan to save for children's future while maintaining lifestyle, addressing rising college costs.

Savings strategies 529 plans Parent Plus Loans

Insurance Planning

Life insurance provides critical protection for loved ones and can build a reserve for future needs.

Life insurance Protection planning Reserve building

Credentials & Certifications

Life, Accident and Health License

Reviews

Rating

★★★★★

Reviews

"She is knowledgeable, responsive and incredibly compassionate."

Frequently Asked Questions

What is a Parent Plus Loan? +

A Parent Plus Loan is a loan offered through the Federal Student Aid office allowing parents to borrow on behalf of their child. The amount borrowed can be up to 100% of the cost of attendance less any other financial aid received. Interest rates have been near or slightly above 5%. A co-signer option is available if needed.

What is a 529 Plan? +

A 529 plan is an education savings strategy with tax advantages. It can be set up as a savings plan or prepaid tuition plan. Funds grow tax deferred and withdrawals are tax free when used for qualifying expenses. Can be used for both college and K-12 expenses. State specific but not restricted to residence state.

Do I need an accountant? +

Most people do not use a CPA unless their financial picture is complex - for example, if they own a business, own multiple properties, hold complex investments, or encounter transactions which may have a tax effect.

How much money do I need for retirement? +

There is no set formula - the answer is case specific and depends on lifestyle and expenses. Many experts estimate you need approximately 80% of pre-retirement salary. A 4% annual withdrawal rate is suggested when entering retirement.

What is a Will and do I need one? +

A Will is a legal document outlining wishes upon death and how property will be distributed. If you have property, a spouse and/or a dependent, a Will is necessary. Without one, state intestacy laws determine distribution.

Do I need life insurance? +

Life insurance is intended to fund outstanding liabilities, end of life expenses, and replace income for someone who may experience financial hardship with the loss of an individual. Various types serve specific purposes.

What is a Financial Power of Attorney? +

A Financial Power of Attorney is a legal document giving someone authority to act on your behalf regarding financial situations. It can be broad or specific and is terminated upon death.

What is a Health Care Proxy? +

A Health Care Proxy is a legal document giving a specified individual (agent) authority to make health-care decisions if you are incapable. The agent must be 18 years or older.