Free financial dashboard that aggregates all accounts in one place — bank, investment, 401k, mortgage — with optional paid wealth management for $100K+.
Key features
Free net worth dashboard
Retirement planner tool
Investment fee analyzer
Cash flow tracking
Optional managed portfolios
Best for
Seniors who want a clear picture of their complete financial situation in one place.
Worth knowing
Expect follow-up calls from Empower advisors offering wealth management services.
Seniors benefit most from a fee-only fiduciary financial planner — one who is legally required to act in your best interest and does not earn commissions on product sales. Look for CFP (Certified Financial Planner) designation. NAPFA (National Association of Personal Financial Advisors) maintains a directory of fee-only fiduciary advisors.
Key triggers include: approaching or entering retirement, inheriting money, experiencing a major life change (widowhood, divorce), managing a pension or Social Security decision, or feeling uncertain about your current investment allocation. Even a single comprehensive financial planning session can provide significant clarity.
Fee-only advisors charge by the hour ($200–$400 per hour), a flat project fee ($1,000–$5,000 for a comprehensive financial plan), or a percentage of assets under management (typically 0.5%–1.5% annually). Commission-based advisors appear to cost nothing upfront but earn fees from the products they recommend.
Verify any advisor's credentials and disciplinary history at BrokerCheck (FINRA) or the SEC's Investment Adviser Public Disclosure database before engaging. Be wary of advisors who push proprietary products, guarantee returns, or create urgency around investment decisions. A legitimate advisor will take time to understand your full situation before making recommendations.
