In this mini-episode, Steve explains why generic investment advice can fall short, especially for utility employees with cash balance pensions, profit-sharing plans, and other employer-sponsored benefits. He shares his philosophy of integrating every piece of your retirement puzzle rather than treating your 401(k) as a standalone account.
Here’s some of what we discuss in this episode:
🎯 Why Target Date Funds Miss the Mark
🏦 The Hidden Value of Your Cash Balance Pension
🧩 Connecting All the Pieces of Your Retirement Plan
⚡ How Utility Employees Should Think Differently About Investing
📈 Why “Right-Sizing” Your 401(k) Matters
0:00 – Intro
0:29 – Steve’s Investment Philosophy
1:50 – Target Date Funds
3:21 – Profit Sharing
4:20 – Work with Steve
Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html
Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg
Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12
Other ways to get in touch:
Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors
