The ESOP account balance will have to be updated annually by me when I receive the statement from the plan sponsor. I manually add in my cash balance pension fund, and another cash balance retirement account (an ESOP). This step is where I have had problems in the past with Money or Quicken – getting all the accounts to show up once, and only once (and one reason why I never used them). RootofGood’s Fidelity login so that these accounts only show up once on Empower Personal Dashboard‘s display. I deleted a few duplicate accounts where they appeared both on my Fidelity login and Mrs. Editing these descriptions and names is simple – click the little edit button, change your description, click save. RootofGood’s name (so I can keep them straight). I tweaked the descriptions of a few similar accounts like our his and hers Vanguard traditional IRA’s. So far, Empower Personal Dashboard is doing what it is supposed to – streamline my personal finances and investments. Everything imported cleanly and accurately on the first try. We have 25 different financial accounts spread across ten different companies or login ID’s. I expected glitches when I was importing my accounts. To finish linking all of my accounts, I spent another 5 minutes verifying super secret security questions on a few accounts like what’s my dog’s favorite hobby and which tooth did my second grade bestie lose first. This process was amazingly easy to get all those accounts consolidated into one place. College 529 savings accounts for our 3 kids.A mortgage loan with a different credit union.3 savings and 1 checking account at our credit union.Two 401k accounts (his and hers) and a 457b account.This includes 2 brokerage accounts, 8 IRA’s, and 1 HSA Three accounts at investment firms (1 Vanguard and his and hers accounts at Fidelity).My First Time Using Empower Personal DashboardĪfter putting in my username and password, Empower Personal Dashboard got down to business by asking me to put in all my financial accounts. But you can use the investment and personal finance management engine free of charge forever. They also offer a financial advisory service for accounts over $100,000 in value, however they do charge a fee for the professional advisory services. The online investment and personal finance tracking services at Empower Personal Dashboard are totally free, no strings attached. All your credit cards, checking, banking, investments, 401k’s, IRA’s, and other accounts are in one place, conveniently summarized. This is a slick web site that makes managing your finances and investments quicker, easier, and prettier. They were either too clunky, cumbersome and time consuming to use, or they didn’t get the investment management part done correctly.Įnter Empower Personal Dashboard (formerly known as Personal Capital). I looked at all of those, and tried some but they didn’t quite do what I wanted to do. Some folks use Quicken, Mint, or Wealthfront. I decided to take the plunge into the world of all-in-one personal finance and investing software.
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