EmpowHER by SYM Financial Advisors

The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. CERTIFIED FINANCIAL PLANNER ™️ Michelle Hipskind leads this monthly show. She educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. Webinars and blogs are available for all women who want to be part of the EmpowHER community.

From Nursing to Quantum Healing: A Journey of Compassion and Technology with Saghi Togashi 04/09/2024

From Nursing to Quantum Healing: A Journey of Compassion and Technology with Saghi Togashi In this episode of EmpowHER, host Michelle Hipskind sits down with Saghi Togashi, a quantum energy and Reiki energy facilitator. Saghi shares her journey from nursing to computer science to holistic healing. After experiencing challenges in the nursing field due to empathy overload, Saghi transitioned to computer science but always harbored a desire to help others. Her path led her to discover a quantum energy device that merged her technological background with her passion for healing. Through intuitive and compassionate work, Saghi assists clients in raising their vibrational energy levels for better health and resilience. She plans to train others in this approach and continue her mission of helping people, demonstrating a deep commitment to service and holistic well-being. About our guest, Saghi Togashi: Saghi is a dedicated practitioner at Isch Wellness, where she offers transformative experiences through her expertise in Healy Frequencies and iTeraCare TeraHertz facilitation, complemented by her proficiency as a Reiki 2nd Degree Energy practitioner and a 2nd Degree Taekwondo expert in self-discipline and balance. Drawing inspiration from Dr. Carol McMakin's groundbreaking scientific principles outlined in "The Resonance Effect," Saghi harnesses the power of frequency and resonance to guide individuals on their holistic well-being journey. With Healy Individual Microcurrent Frequency and iTeraCare Terahertz Cell application, she provides cutting-edge tools aimed at elevating physical, emotional, and spiritual wellness, inviting individuals to embark on their transformative path towards optimal health and vitality. Summary and highlights from the show: Introduction to Saghi's dynamic roles as a quantum energy and Reiki energy facilitator, emphasizing the enhancement of physical energy for overall well-being. Balancing act between Saghi's numerous responsibilities as a mother, wife, daughter, sister, aunt, friend, and colleague, highlighting the challenges faced by many women in contemporary society. Career transition from nursing to computer science due to the emotional strain in the medical field, driven by a desire to bridge healthcare and technology. Personal struggles as a working mother, including the pivotal moment when her child faced a serious injury, prompting Saghi to prioritize family over career. Shift to a stay-at-home mom role, actively engaging in school activities, fundraising, and supporting her children's education and extracurricular pursuits. Introduction to holistic healing modalities initiated by a neighbor, leading Saghi to discover a quantum healing device and reconnect with spirituality and technology for well-being. Integration of nursing and computer science backgrounds to comprehend the science behind quantum healing, emphasizing compassion and understanding in healing practices. Entrepreneurial journey fueled by a passion for sharing holistic healing methods, with a vision to train compassionate individuals as practitioners and extend these practices to others. Future aspirations encompass expanding clientele, training more practitioners, and eventually retiring near the beach while overseeing the growth of her holistic healing institute. Core motivation centered on helping others and making a positive impact, reflected in Saghi's approach to holistic healing and her commitment to serving those in need with compassion. Connect with Saghi Togashi: About SYM Financial and EmpowHER Podcast: The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars, and blogs are available for all women who want to be part of the EmpowHER community. Email Michelle at with questions, comments, and to schedule a one-on-one conversation. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/30686853

Empowering Homeownership: Navigating Mortgages and Market Trends with Tina Bennett 02/13/2024

Empowering Homeownership: Navigating Mortgages and Market Trends with Tina Bennett In this episode featuring special guest Tina Bennett from Hallmark Home Mortgage, they delve into the intricacies of mortgage debt, discussing factors like interest rates, refinancing, and the importance of seeking guidance from a mortgage professional. Through an insightful conversation and practical advice, this episode empowers people to make informed decisions about their finances and homeownership. About our guest, Tina Bennett: Tina Bennett is a seasoned professional with over 20 years of experience in the mortgage industry, currently serving as a Branch Manager and Senior Vice President at Hallmark Home Mortgage. With a passion for helping others navigate the complexities of the mortgage industry, Tina's expertise shines through her insightful discussions on topics ranging from interest rates to refinancing strategies. Her dedication to educating and empowering individuals in their home buying journey is evident as she uses her extensive knowledge and expertise to personally structure the best product for her clients. Summary and highlights from the show: Mortgage Industry Insights: Tina shares her experiences and insights gained over three decades in the mortgage industry, emphasizing the importance of understanding mortgage options and making informed financial decisions. Factors Influencing Mortgage Decisions: Discussion on whether to pay off a mortgage, considering individual financial situations, interest rate environments, and potential impact on quality of life. Historical Perspective on Interest Rates: Tina provides insights into historical interest rate trends, including peaks in the 9% range in the past, compared to the recent record-low rates. Current Housing Market Dynamics: Exploring the current housing market, including the impact of interest rates on buying decisions, trends among first-time buyers, downsizers, and those seeking to upsize. Mortgage Options and Strategies: Detailed discussion on mortgage types, including fixed-rate, adjustable-rate, and specialized products like the two-one buydown, with considerations for different financial scenarios. Understanding Loan Estimates: Importance of comparing mortgage offers using Loan Estimates, which provide a breakdown of rates, fees, and other costs associated with the loan. Construction Lending and Homebuilding: Insight into construction lending options, allowing homeowners to finance the construction of a new home while staying in their current residence until completion. Future Outlook and Homeownership Advice: Optimism for the housing market in 2024, along with advice on preparing for homeownership, including consulting with mortgage professionals early to optimize financial readiness and explore potential improvements in credit scores or debt management. Connect with Tina Bennett: About SYM Financial and EmpowHER Podcast: The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars, and blogs are available for all women who want to be part of the EmpowHER community. Email Michelle at with questions, comments, and to schedule a one-on-one conversation. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/29849223

What you Should Know About the Messy Middle of Life Limiting Illnesses 12/28/2023

What you Should Know About the Messy Middle of Life Limiting Illnesses We live longer but our capacity is diminishing and in practical care giving it’s not always clear who is making the decisions from day-to-day. As a financial advisor, I work with clients everyday who live in the gray space with their loved ones. This is the messy middle, where caring for those who are perfectly capable one day but then slowly diminishing the next is a confounding effort. I am always encountering professionals who enlighten me to better ways to navigate what I call the scary “C”s, caregiving, confusion, chaos, and capacity. – Michelle Hipskind, CFP® In this insightful episode of EmpowHER, host Michelle Hipskind welcomes Leslie Friedel, CEO of Stillwater Hospice, for an engaging conversation on how palliative care and grief support can help bring dignity, clarity, and legitimacy to this messy middle. About our guest, Leslie Friedel: With more than 16 years of experience in nonprofit healthcare leadership, Leslie brings a wealth of knowledge to the discussion. She holds a bachelor’s and master’s in social work from the University of Saint Francis and Indiana University, respectively. A licensed health facility administrator and social worker, Leslie is deeply involved in the community, serving as board chair of the Indiana University Fort Wayne School of Medicine, treasurer of the Indiana Hospice and Palliative Care Organization, and secretary of the Alliance for Human Services. Join us as Leslie shares her passion for healthcare innovation and her commitment to serving the 12-county region in northeast Indiana through Stillwater Hospice’s vital services. Summary and highlights from the show: • Understanding Palliative Care: The podcast highlights the benefits of palliative care, focusing on patients with life-limiting illnesses or chronic conditions, and how it can help improve decision-making and quality of life. • Challenges for Caregivers: Discussion on the difficulties faced by caregivers, often women, who balance personal responsibilities with the demands of caring for someone with a life-limiting illness. • Navigating Legal and Healthcare Decisions: The conversation examines the complexities of legal tools like power of attorney and healthcare directives, especially in the “gray area” when a patient’s capacity is diminished but not entirely lost. • Role of Competency and Autonomy in Healthcare Decisions: An exploration of the balance between respecting a patient’s autonomy and assessing competency in making healthcare decisions. • Anticipatory Grief: Leslie explains anticipatory grief, experienced by caregivers and loved ones prior to the actual loss, encompassing various emotions and decision-making pressures. • Importance of Early Conversations and Planning: The discussion emphasizes the necessity of having early and open conversations about end-of-life wishes and advanced directives to ease decision-making during critical times. • Managing Financial and Legal Aspects: There is an acknowledgment of the challenges in handling finances and legal matters, like selling a property or accessing resources, during palliative care situations. • Finding Support and Building a Supportive Community: The importance of creating a support system comprising professionals, support groups, and other caregivers to navigate the emotional and practical challenges of palliative care. • Conclusion and Resources: The episode concludes with an encouragement for listeners to engage in proactive planning and conversation about end-of-life care and provides resources for further information and support. Connect with Leslie Friedel: Phone (260)435-3222 About SYM Financial and EmpowHER Podcast: The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars, and blogs are available for all women who want to be part of the EmpowHER community. Email Michelle at with questions, comments, and to schedule a one-on-one conversation. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/29232258

Strategies for Protecting Your Family with Medicaid Featuring Lindsay Koler 10/25/2023

Strategies for Protecting Your Family with Medicaid Featuring Lindsay Koler This podcast episode discusses Medicaid planning and how it can be used as an asset protection tool rather than just a last resort. Lindsay Koler, an elder law attorney, explains how Medicaid assessments and proper planning can help couples protect their homes and retirement accounts. She emphasizes getting powers of attorney updated and doing Medicaid planning well in advance of needing long-term care. We look at whether someone needs help with activities of daily living like feeding, dressing, taking medication to qualify for long-term care. - Lindsay Koler This week on The EmpowHER Podcast: ● Medicaid planning and long-term care options. ● Medicaid planning and asset protection. ● Strategies for Aging parents with limited income. ● Spouses in long-term care. ● Planning for long-term care costs. ● Asset protection strategies. Lindsay Koler was born and raised in Fort Wayne, Indiana. She attended Concordia Lutheran High School, and then went on to graduate from Baldwin-Wallace University with honors. She was captain of the girl’s golf team at Baldwin-Wallace. She went on to receive her law degree from Cleveland Marshall College of Law in 2008. Lindsay practiced law in Ohio for more than 7 years, before moving back to her hometown of Fort Wayne in 2014. Helping others through difficult times is part of what drives Lindsay and inspires her. Lindsay and her husband, Dale, owner of Fall Creek Homes, have three children. In her free time, Lindsay enjoys golfing, watching her kids’ activities, and being active in her church and community. She enjoys spending time with her three siblings and all her nieces and nephews, who also reside in the Fort Wayne area. She is passionate about healthy eating and healthy living and enjoys cooking (well, most days!) Our Favorite Takeaways: ● Medicaid is often overlooked as a financial planning tool. - Lindsay Koler ● Aging and In-Home Services perform the assessments that determine if someone meets the level of care for Medicaid waiver services. - Lindsay Koler ● There are circumstances that are maybe non-traditional or don't fit the stereotype of Medicaid, where planning and using Medicaid becomes a key element of generational wealth. - Michelle Hipskind ● Knowing the Medicaid rules can help put people at ease if they ever need long-term care. - Lindsay Koler Connect with Lindsay Koler: ● Email: lkoler@kolerlawoffice.com About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: : And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/28368698

Ensuring Your Pets are Cared For After You're Gone 10/05/2023

Ensuring Your Pets are Cared For After You're Gone In this quick but packed full of information episode, Michelle discusses the importance of including plans for your pets in your estate planning. Many households now have companion animals, so it is crucial to consider what will happen to dogs, cats, or other pets if their owners become unable to care for them or pass away. Michelle recommennds speaking with your estate attorney about setting aside funds and establishing guardians for your pets. She also suggests utilizing local animal rescues, shelters, and foster programs that can provide temporary or permanent care for pets when needed. The key takeaway is to proactively plan for how your pets will be cared for after you're gone, whether it's temporarily or permanently, to gain peace of mind knowing they will be well looked after. "You can set a dollar amount and your wish list for future guardianship for your favorite pets and then know and have the peace of mind that they'll be well cared for." - Michelle Hipskind This week on The EmpowHER Podcast: The importance of including pets in estate planning since 66% of households have companion animals Options for temporary or permanent care solutions for pets through local rescues, shelters, and foster programs Speaking with your estate attorney about setting aside funds and parameters for your pets' care after you're gone Using planned giving to set up guardianship and funds for future owners of your pets to keep them in the lifestyle you provided Asking local shelters and rescues and bringing it up at estate planning reviews Our Favorite Quotes: "Even though we don't like to consider having our pets outlive us, it's certainly an important factor when planning for the future." - Michelle Hipskind "Many local rescue organizations and privately run shelters and even municipal shelters offer programming to help support those who either temporarily or permanently need care solutions for their pets." - Michelle Hipskind About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/28181078

Understanding Hidden Nuggets within the SECURE Act 09/21/2023

Understanding Hidden Nuggets within the SECURE Act We have a quick tactical nugget for you on this latest episode of the EmpowHER podcast. In this episode, Michelle Hipskind focuses on dissecting the changes brought about by the 2019 SECURE Act, with particular emphasis on the elimination of the "stretch IRA," which imposes a 10-year limit for withdrawals for those inheriting IRA accounts. However, the podcast also sheds light on exceptions like qualified charitable distributions for beneficiaries close to 70 and a half years old. "Let's say that you are 65. A parent or an aunt, uncle, someone older than you passes away and leaves you an IRA account or funds from an IRA account. Because you have 10 years to empty that account and you are less than 10 years from 70 and a half, you are allowed to take qualified charitable distributions from that money.” - Michelle Hipskind This week on The EmpowHER Podcast: Understanding the SECURE Act Hidden nuggets within the SECURE Act Examples of these hidden nuggets in action About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). The opinions expressed herein are those of SYM and are subject to change without notice. This material is not financial advice or an offer to sell any product. This podcast is for informational purposes only and does not constitute investment, legal or tax advice and should not be used as a substitute for the advice of a professional legal or tax advisor. SYM reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs. SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/28030503

Empowering Young Women in Sports: Life Lessons from Softball with Erin Ehler 08/03/2023

Empowering Young Women in Sports: Life Lessons from Softball with Erin Ehler Meet Erin (Rethlake) Ehler, head coach of the Huntington University Women’s Softball program. Listen in while she and Michelle talk about the challenges facing young women today and how we can empower them to be independent, confident and successful individuals. Erin speaks with experience having played college softball for a Division 1 program and earned the title of Miss Indiana Softball while in high school. Today, Erin coaches young women in the sport and in life drawing parallels to the education and development Michelle provides women with their money. Hear them talk about the challenges and dangers of comparison in today’s social media world. Erin sets a stellar example of turning her passion into a career while remaining dedicated to her family and incorporating her love for teaching. We discuss her journey from a determined Division I athlete to a compassionate college coach, overcoming obstacles on and off the field and instilling invaluable life lessons in her players along the way. Erin sheds light on the profound impact social media and the culture of comparisons have on young athletes. With her Softball Barn becoming a symbol of dedication and values, Erin is influencing a generation of women in Huntington, Indiana. "When you start going through the trials and tribulations of being an athlete, you realize it's so much bigger than just softball." - Erin Ehler This week on The EmpowHER Podcast: What do a college softball coach and financial advisor have in common? How do you marry your passion with your income? How comparison is your worst enemy (in life, sports, and even finance). Where do you go when you get stuck? Advice for young women in sports. Our Favorite Quotes: "I just found a passion for the game, and I think when you find a passion for something, you just want to keep doing it." - Erin Ehler “There's so many things that are challenging young women today” - Michelle Hipskind "Comparison is the thief of joy, whether that's with my college team, or I have a young girl who comes in the barn." - Erin Ehler About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/27582891

Financial Wisdom Across Generations: Lessons Learned and Regrets Avoided with Rickie Kohne and Laura Murray 07/20/2023

Financial Wisdom Across Generations: Lessons Learned and Regrets Avoided with Rickie Kohne and Laura Murray In this episode we have an energetic conversation across two generations. Michelle is joined by mother and daughter Rickie Kohne and Laura Murray as they take a look into their personal experiences and insights on financial management. Laura and Rickie share the valuable lessons they learned from their parents, emphasizing the importance of living within their means and prioritizing savings. Both women stress the need for open communication and trust within relationships, acknowledging the role of financial advisors in providing guidance and peace of mind. They discuss the challenges of budgeting, sharing humorous anecdotes and reflecting on the importance of relinquishing control when necessary. Overall, the group encourages asking questions, seeking professional advice, and learning from past mistakes to achieve financial stability and security. This week on The EmpowHER Podcast: Teaching young women to ask questions about money. The importance of asking the right questions. Rickie’s first checkbook. Advice for women who don’t have a career outside the home. Lessons learned – your own and from others Our Favorite Quotes: “You don’t have to be afraid to talk about money. Reach out there and ask those questions and educate yourself.” – Rickie Kohne “Sometimes we hold ourselves back because we think we don’t have enough money for a financial advisor, but you should still ask the questions and seek guidance.” – Laura Murray “Financial planning is about finding peace of mind and feeling comfortable about your financial future.” – Michelle Hipskind About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michelle at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/27425142

How Much Do I Need to Retire 07/06/2023

How Much Do I Need to Retire Michelle Hipskind, CERTIFIED FINANCIAL PLANNER™ and overseer of the Empower Women's Financial Education Program, discusses the question, "How much do I need to retire?" She emphasizes why there is no one-size-fits-all answer and that it depends on factors such as what the retiree wants their retirement to look like, what they can control, and what they cannot control. Other considerations include replacing cash flow, managing debt, accounting for taxes and healthcare expenses, dealing with inflation, and accounting for discretionary expenses. Michelle recommends working with a financial advisor to build a financial plan that maps out a retiree's goals, anticipated expenses, and anticipated income streams. "Retirement isn't a one-size-fits-all equation, it depends on what you want your retirement to look like." - Michelle Hipskind This week on The EmpowHER Podcast: How much do I need to retire? When do you want to retire? Paying taxes on income in retirement. Key factors to consider. The expenses that help you live a rewarding retirement. Inflation and compounding returns. How to plan your retirement. Key Quotes: "Retirement expenses and estate funding can be unpredictable, so it's important to plan for the unexpected." - Michelle Hipskind "Flexible work arrangements allow us to continue working well beyond what a traditional retirement age looked like." - Michelle Hipskind "Taxes continue to haunt us even in retirement, so it's important to keep track of taxable income and avoid penalties." - Michelle Hipskind "Inflation and compounding on investment returns are important factors to consider for retirement planning." - Michelle Hipskind "Discretionary expenses can help make retirement rewarding, but they should be balanced with non-discretionary expenses." - Michelle Hipskind "Planning for long-term healthcare expenses is important, especially for women who tend to live longer and have a higher likelihood of early onset dementia." - Michelle Hipskind About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/27327855

Unlocking the Mystery of Nonprofit Finances: Your Donations' Impact on Operations Uncovered with Carrie Minnich 06/15/2023

Unlocking the Mystery of Nonprofit Finances: Your Donations' Impact on Operations Uncovered with Carrie Minnich Carrie Minnich is a Partner at DWD CPAs & Advisors and is in-charge of the Nonprofit Services Team. She earned both a Bachelors degree in Financial Accounting (Cum laude) and a Master of Accountancy from Manchester College. Carrie has been with the firm since 2004 and has been a Director since 2017. She specializes in audits, reviews and compilations of financial Statements for nonprofit organizations. Michelle and Carrie discuss various aspects of non-profit organizations. They delve into types of financial contributions, distinguishing general operations, specific programs, and significant projects like capital campaigns. Carrie provides insight into donor restrictions and the auditing process, with an emphasis on the organization's responsibility to align fund usage with donor stipulations. In this conversation, Michelle and Carrie outline the structure and dynamics of a non-profit's board, the difference between 'oversight' and 'working' boards, the concept of term limits, and potential liabilities for board members, underscoring the need for Directors and Officers insurance. "Some boards are more oversight, and less working, while other organization boards are more working. So when you go to volunteer as a board member, that is something you really need to find out." - Carrie Minnich This week on The EmpowHER Podcast: The difference between time, talent and treasure. What qualifies an organization to be a nonprofit? What is a tax exempt nonprofit? The checkbook and treasurer. How much control do you have over where the money goes? How do you evaluate the lifecycle of a board? Paying your taxes and taxes. The differences between Donor Advised Funds. How to know if an organization is a legitimate organization? Differences between men and women in giving. Our Favorite Quotes: "You can restrict where you want your money to go for that organization, whether it be for like a capital campaign, or maybe you are very passionate about a specific program that they have." - Carrie Minnich “I have some female clients that really enjoy the benefits of a Donor-Advised Fund. They can set one up and then they've got their money set aside for years to come. They give it away, in one case $50 at a time.” - Michelle Hipskind "So as part of the audit process, we definitely test restrictions, because you know, they are technically the organization is, you know, legally responsible for making sure that that money is spent for what it's supposed to be spent for." - Carrie Minnich "Yes, there is not necessarily a law that says all boards have to have term limits. So some nonprofit organizations do not have term limits for their board members." - Carrie Minnich "So as a board member, you are liable for certain things. So before you join a board, make sure that they do have DNO insurance. So Directors and Officers Insurance." - Carrie Minnich “Tax law changed a few years ago, which included raising the standard deduction, which we saw across all levels of client that a lot of people didn't itemize anymore.” - Michelle Hipskind Connect with Carrie Minnich: Email: cminnich@dwdcpa.com About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: Certain links above are to third-party sites and are not affiliated with SYM Financial Corporation (“SYM”). SYM is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about SYM including our investment strategies, fees and objectives can be found in our ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/27136059

Inheriting Financial Relationships 06/01/2023

Inheriting Financial Relationships Inheriting Financial Relationships In this episode of the EmpowHER Podcast, Michelle Hipskind, a certified financial planner, discusses the phenomenon of women inheriting investment portfolios and being dissatisfied with their financial advisors. She notes that 70% of women who inherit responsibilities for an investment portfolio want to switch to someone they are more comfortable with. Michelle provides five important questions to ask a financial advisor to ensure transparency and to guarantee that the advisor is acting as a fiduciary. She emphasizes that it is important to have a good relationship with your financial advisor, and women have the right to ask questions and change their relationship if they inherit one. Empowered women empower other women, and Michelle encourages women to seek financial education and support to take control of their finances. "70% of women who inherit responsibilities for an investment portfolio are dissatisfied with the financial advisor." - Michelle Hipskind This week on The EmpowHER Podcast: Women who inherit an investment portfolio. Questions to ask when hiring a financial advisor. Fiduciary responsibilities and compensation. Who is responsible for making investment decisions? Our Favorite Quotes: "70% of women who inherit responsibilities for an investment portfolio are dissatisfied with the financial advisor." - Michelle Hipskind "In many cases, they want to develop their own relationships and not be forced to use something that they inherit." - Michelle Hipskind "You have every right to have a full understanding of what this relationship is, whether it's the person that came with a portfolio, or whether it's someone you're interviewing to begin a new relationship with." - Michelle Hipskind "It's in their best interest financially to sell something or to transact something." - Michelle Hipskind "It needs to be somebody who understands your situation, has your best interests at heart, and stays engaged in the investment portfolio ongoing." - Michelle Hipskind "You have every right to change your relationship if you inherit one. When you do, ask those questions." - Michelle Hipskind "Empowered Women empower other women." - Michelle Hipskind About SYM Financial and The EmpowHER Podcast: The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michelle at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors (“SYM”) immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/26808702

Navigating the Nightmare of Probate: Understanding Tax Law and Estate Planning with Heidi Adair 05/18/2023

Navigating the Nightmare of Probate: Understanding Tax Law and Estate Planning with Heidi Adair Navigating the Nightmare of Probate: Understanding Tax Law and Estate Planning with Heidi Adair Heidi Adair is a partner at Beers Mallers whose legal practice is focused in the areas of Estate Planning and Elder Law. She is certified as an Estate Planning & Administration Specialist by the Indiana State Bar Estate Planning and Administration Specialty Certification Board. Heidi regularly advises clients regarding the protection of assets through the use of advanced Estate Planning and Elder Law planning. She has counseled numerous families regarding wills, Revocable Living Trusts, and the funding of those trusts, Medicaid, and nursing home expense planning, Guardianships, Powers of Attorney, Living Wills, and the probate administration process. She is also an accredited attorney for the preparation, presentation, and prosecution of claims of Veterans Affairs Benefits before the Department of Veterans Affairs (VA). In her free time, Heidi enjoys reading, camping trips to national parks, and visiting with her grown children. In this conversation, Heidi shares insights on estate planning, tax law, and probate. She explains the importance of having a durable power of attorney and how to choose the right attorney. She also highlights the difference between a power of attorney and a trust, and how trusts can be used to avoid probate and protect children's inheritances. Heidi emphasizes the need to plan for long-term care, joint title accounts, and diversify funds in different baskets. She also offers tips on basic will planning and how Indiana changed its probate rules. Finally, she advises people to avoid tax problems with their parent's estate and be careful when naming a trust. "It's just important to get into a relationship of trust with somebody so that as life twists and turns, there's people ready to walk alongside you." - Heidi Adair This week on The EmpowHER Podcast: What causes probate to be a nightmare? How much of what he does has to do with tax law? The difference between a power of attorney and a durable Power of attorney. How to choose an attorney. The importance of having a power of attorney. Using a trust to avoid probate. How long-term care can eat up your estate? The pros and cons of having a power of attorney. Advice for people who don’t have their finances in order. Our Favorite Quotes: "I am still surprised how many people on a routine basis that have their families, their households all squared away, but don't have estate planning documents in place." - Michelle Hipskind "What is a power of attorney? So a power of attorney is a document that says who can handle, it's usually broken into two different types of activities, who can handle healthcare decisions for you, if you can't handle them for yourself, and who can handle your financial decisions if you can't handle them for yourself." - Heidi Adair "You need to pick somebody who's good, honorable, trustworthy, sure. And then just one person, I think it's best to have a backup." - Heidi Adair "So maybe we can help people get over a couple of hurdles and remove a couple of obstacles that allow people to put it off." - Michelle Hipskind Connect with Heidi Adair: Email: hadair@beersmallers.com About SYM Financial and The EmpowHER Podcast The EmpowHER Podcast is a platform for women to come together to gain financial insight and strategies with a tribe of brilliant women. This show is brought to you by Financial Advisor . Michelle educates on the many important aspects of financial planning and brings in additional professionals that provide advice in their areas of expertise, giving listeners access to the appropriate professionals that can help solve the problems many women face. In-person events are held in the Fort Wayne, Indiana area. In addition to the podcast, local events, webinars and blogs are available for all women who want to be part of the EmpowHER community. Email Michell at with questions, comments, and to schedule a one-on-one conversation. Subscribe here: And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast. Disclosure: The information contained in this message (including any attachments) is confidential and may be privileged. It is intended only for the recipient(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited. If you have received this communication in error, please notify SYM Financial Advisors (“SYM”) immediately and destroy the material in its entirety. All communications requiring immediate attention or action, such as trade requests or other time sensitive matters should not be sent to SYM via email. Internet communications cannot be guaranteed to be secure or error-free as information may arrive later than intended, be intercepted, be corrupted, or contain viruses. This material is not an offer or solicitation to buy or sell any product. The opinions expressed herein are those of SYM and are subject to change without notice. To the extent that performance information is contained in this email, past performance is not indicative of future results. SYM is an independent registered investment adviser. More information about SYM including our investment strategies, fees and objectives can be found in our Form ADV Part 2, which is available upon request. /episode/index/show/41630e05-f321-4343-a727-15ff1ad9959a/id/26803503

EmpowHER Podcast Trailer 04/14/2023

EmpowHER by SYM Financial Advisors

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