Shows / Power Your Retirement
Power Your Retirement
Hosted by Steve Smit, CERTIFIED FINANCIAL PLANNER® and founder of Powerhouse Financial Advisors, this podcast is designed to help employees of large publicly traded utility companies take control of their retirement planning. Steve, author of Power Up Your 401(k), shares insights on maximizing 401(k) options, navigating self-directed brokerage accounts, and creating a secure financial future. Tune in for practical advice, helpful resources, and strategies to power up your retirement! Subscribe…
Episodes
- Power Your Retirement
The Beatles Retirement: All You Need Is A Plan
Send us Fan Mail It’s been 60 years since Beatlemania took America by storm. But beyond the screaming crowds and legendary performances, some of their lyrics…
- Power Your Retirement
Retirement Planning Pop Quiz: Can You Score 5/5?
Send us Fan Mail The 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…
- Power Your Retirement
The 4% Rule Rewrite (And What It Means For Your Retirement)
Send us Fan Mail The 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…
- Power Your Retirement
Target-Date Funds: Pros, Cons & What You Need To Know!
Send us Fan Mail Target-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…
- Power Your Retirement
Hiring Your Spouse & Kids: Big Opportunities and Costly Mistakes to Avoid
Send us Fan Mail Today, we’re answering a smart question from a viewer about hiring a spouse or children in a family business. When structured properly, this…
- Power Your Retirement
Decoding Wall-Street Jargon: Financial Terms Everyone Should Know
Send us Fan Mail Financial terms get thrown around all the time- crash, correction, high yield, equities, fiduciary- but do you really know what they mean, and…
- Power Your Retirement
The Psychology of Money Says Your Emotions Matter More Than Math
Send us Fan Mail Today, 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…
- Power Your Retirement
Are You Over-Saving For Retirement?
Send us Fan Mail Are you saving so much for retirement that it’s squeezing your life today? In this episode, Steve’s answering a smart viewer question about…
- Power Your Retirement
The Five Love Languages of Financial Planning
Send us Fan Mail The five love languages were made popular by author Gary Chapman. If you’re not familiar with them, they include acts of service, quality…
- Power Your Retirement
Can Real Estate Boost Your Retirement Plan?
Send us Fan Mail Thinking about using real estate to strengthen your retirement plan? From generating income to offering financial flexibility or emergency…
- Power Your Retirement
Mailbag: Saving Dilemmas, Severance Packages & Retirement Rules
Send us Fan Mail Today, Steve answers three thoughtful listener questions from viewers like you! Is saving 15% of your income truly necessary or just a rule of…
- Power Your Retirement
Mailbag: What Should I Do with My Old 401k?
Send us Fan Mail If 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…
- Power Your Retirement
Understanding Financial Advisor Fees: What Are You Really Paying For?
Send us Fan Mail Welcome to our final installment of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! Let’s be…
- Power Your Retirement
Keeping Your Retirement Plan Flexible
Send us Fan Mail Welcome 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…
- Power Your Retirement
Is 2025 A Bad Time To Retire?
Send us Fan Mail Plenty of people have concerns about stock market volatility, a potential recession on the horizon, and fears for the economy amidst federal…
- Power Your Retirement
Cash Balance Pension vs. Traditional Pension Explained
Send us Fan Mail If you’ve been in your utility job for years and still don’t understand how your pension works, you’re not alone. In this episode, Steve takes…
- Power Your Retirement
Am I On Track For Retirement?
Send us Fan Mail Wondering if you're actually on track for retirement? That’s the question Alex, a utility worker with 22 years of service, asked, and it…
- Power Your Retirement
Inside the Advisor’s Office: Top Concerns Among Financial Planning Clients
Send us Fan Mail Ever wonder what other people talk about with their financial advisors? A new survey of nearly 400 experienced advisors reveals the biggest…
- Power Your Retirement
What Do Proposed Tariffs Mean For Your Portfolio?
Send us Fan Mail The day President Trump took office, he announced plans to implement a 25 percent tariff on goods from Mexico and Canada. Additional tariff…
- Power Your Retirement
Understanding Managed Portfolios: Should You Consider Them?
Send us Fan Mail Welcome to part 5 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! Imagine this: your…
- Power Your Retirement
How Past Market Meltdowns Are Influencing You Right Now
Send us Fan Mail It’s been a volatile month. And if you’re feeling the pressure, you’re not alone. But how we respond in moments like this often has roots in…
- Power Your Retirement
4 Questions to Ask Yourself During a Market Drop
Send us Fan Mail The headlines are loud, the markets are messy, and your gut might be telling you to do something - anything- right now. But what should you…
- Power Your Retirement
Key 2025 Tax Breaks & Adjustment Opportunities
Send us Fan Mail Tax season is here, but filing your 2024 return is just one piece of the puzzle. Now is also the perfect time to take advantage of new tax…
- Power Your Retirement
Beliefs That Fool Retirement Savers The Most
Send us Fan Mail April Fool’s Day is all about jokes and pranks, but when it comes to retirement planning, getting fooled can cost you real money. Today, we’re…
- Power Your Retirement
March Madness and Stocks: The Risky Game of Picking Winners
Send us Fan Mail March Madness is here, and just like filling out a bracket, picking individual stocks can feel like a thrilling gamble. But the odds of…
- Power Your Retirement
Choosing the Right Investments for Your Goals
Send us Fan Mail Welcome to part 4 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! In today’s episode, we’re…
- Power Your Retirement
The Value of Professional Financial Guidance
Send us Fan Mail Welcome to part 3 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! In today’s episode, we’re…
- Power Your Retirement
Managing Risk in Your Retirement Journey
Send us Fan Mail Welcome to part 2 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! Today’s episode is all…
- Power Your Retirement
Building a Strong Foundation for Retirement
Send us Fan Mail Welcome to our new 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors! In this episode, Steve and Walter…
- Power Your Retirement
Power Up Your 401K: Chapter 7 Recap
Send us Fan Mail We’ve reached the final chapter of Power Up Your 401K! Steve wraps up the book with a powerful message about living life with an open hand- a…
- Power Your Retirement
Power Up Your 401K Chapter 7: Enjoy Every Minute With An Open Hand
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 6 Recap
Send us Fan Mail Chapter 6 of Power Up Your 401K was all about embracing the bigger picture in financial planning. In it, Steve reflects on his financial…
- Power Your Retirement
Power Up Your 401K Chapter 6: Embrace The Bigger Picture
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 5 Recap
Send us Fan Mail Today, we’re going to dig a little deeper into chapter 5 of Power Up Your 401K, where Steve talked about the uphill climb of saving for…
- Power Your Retirement
Power Up Your 401K Chapter 5: Set Out On The Long Ride
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 4 Recap
Send us Fan Mail Chapter 4 of Power Up Your 401K focuses on the importance of embracing change when it comes to your financial planning. Steve explains how…
- Power Your Retirement
Power Up Your 401K Chapter 4: Plan For All Outcomes
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 3 Recap
Send us Fan Mail In chapter three of Power Up Your 401K, Steve talked us through the psychology of money and how risk is often misunderstood. While many people…
- Power Your Retirement
Power Up Your 401K Chapter 3: Manage The Psychology of Investing
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 2 Recap
Send us Fan Mail Chapter two of Power Up Your 401K was all about setting financial goals, and as Steve explains, this is where everything begins. Whether it’s…
- Power Your Retirement
Power Up Your 401K Chapter 2: Set Your Financial Goals
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’ll…
- Power Your Retirement
Power Up Your 401K: Chapter 1 Recap
Send us Fan Mail Today, we’re going to dig a little deeper into chapter one of Power Up Your 401K, where Steve introduced the importance of mapping out a…
- Power Your Retirement
Power Up Your 401K Chapter 1: Map Out Your Strategy
Send us Fan Mail Over the next several weeks, we’ll be reading through Steve’s book, Power Up Your 401k, one chapter at a time. In today’s episode, we’re…
- Power Your Retirement
Retirement Income Planning- How Important Is It?
Send us Fan Mail It’s been said that if you don’t have an income plan, you really don’t have a retirement plan. You’ve probably heard the term “income plan”…
- Power Your Retirement
Welcome To Power Your Retirement!
Send us Fan Mail Welcome to the very first episode of Power Your Retirement! In today’s episode, we’re excited to introduce Steve Smit, CFP®, of Powerhouse…