Dr. Nicholas E. Michels

Dr. Nicholas E. Michels, CFP® During tough economic times, savings can often be a line item that is sacrificed. But it is more important now than ever to make saving a priority, especially for retirement.  In 2023 the contribution limits are increasing for most types of retirement accounts, meaning your savings will also increase! Not […]

Dr. Nicholas E. Michels, CFP® If you happen to be one of the many Americans entitled to a tax refund most years, you might consider yourself lucky. However, is getting a substantial refund really the best strategy? After all, those funds are earning interest for you while they sit around in absentia, waiting for your

Dr. Nicholas E. Michels, CFP® Financial planning isn’t just about the numbers, it’s about your life. And life is about creating experiences and making lasting memories. But how do you create a financial plan that allows you to pursue and enjoy the life you desire?  We at Michels Family Financial understand this challenge and know

Dr. Nicholas E. Michels, CFP® The years leading up to retirement can be fraught with indecision and uncertainty. When should you start collecting Social Security? If you start collecting earlier versus later, what are the drawbacks? Can you collect Social Security and keep working? If these or other questions have been swirling around in your

Dr. Nicholas E. Michels, CFP® It’s not often in life that you get the opportunity to make your dream a reality. We have had the privilege of experiencing many blessings in this life already, but starting our own financial advising firm has been a long-held dream that is finally coming to fruition. After working for

By Dr. Nicholas E. Michels Most of us can point to specific people or events that influenced our decisions and made a significant impact on how we live our lives. For me, it was seeing my mom’s financial struggle that led me to where I am today. After my parents’ divorce, my mom became the