Fiscal Fitness

How Fiscally Fit Are You?

The beginning of each year is an excellent time to improve those areas of your life that need enhancement.  You may vow to get into shape, lose weight, and eat healthier or some other measure to improve your overall physical health.  While these things will help you to feel better and hopefully live longer, they still require a strong will and self-discipline to meet the goal. 

Just as physical fitness can renew your vitality and increase your energy, fiscal fitness can help to invigorate your financial future.  Don’t be fooled, because this too takes discipline. 

The following test will help you measure your fiscal fitness.  If you are one of the fortunate people who have everything well under control – carry on.  If you don’t fall into this category – then it might be time for a check-up. 

Your Financial Fitness Test:

  1. Do you find yourself financially short before each payday?

  2. Do you have trouble knowing where your money went?

  3. Has a recent change in your job or family status caused increased financial pressure?

  4. Are you sure that the life, health and dental insurance that you receive from your employer will be sufficient for your family?

  5. Are you saving for your children’s future education?

  6.   Will you run out of money during your retirement years?

  7. Should your current savings be working harder for you?

  8. Are your assets positioned properly to pass on to your beneficiary(s)?

  9. Do you plan adequately for taxes, or is April 15 disaster time?

  10. Lastly, have you established an emergency fund?  If so, will it be sufficient for at least 3 months?

How did you do?  If you’re uncomfortable with your answers, then it might be time to revisit your plans.  If you need assistance – don’t put it off – get it now. 

There are a number of planning tools available that can help you feel more in control of your financial well-being.  It might also be beneficial for you to discuss your needs with financial professionals who can help by recommending an appropriate strategy designed specifically for you

It all boils down to this

…regardless of your method; getting started is the key to helping you secure, not only your fiscal fitness, but also your financial future. 


What Are Our Thoughts on the Market

What are our thoughts on the Market?

That is probably the number one question the Power Forward Team has been hearing since October. Before October, our clients rarely asked about timing their investments.  Now that the market has been down approximately 3,000 points over the past 3 months, it’s at the top of everyone’s mind.

So what are our thoughts?

Well we don’t have any. It isn’t that our minds are empty, rather we power forward with clear minds.

Like Coach Taylor from Friday Night Lights says “Clear Eyes, Full Hearts, Can’t Lose”

Our team knows what we don’t know. We don’t know what:

The President will say or tweet, same for Elon Musk; we don’t know where the trade war with China is headed, the real effect of Brexit, what the Fed will announce next and a hundred other things we don’t know.

So let’s continue forward with what we do know. We know how different accounts are taxed and the value add that can provide. We know that long-term savings require consistency and diligence.  Most importantly, we know that financial success is created by planning.

Building a Financial Gameplan starts with identifying financial goals. Having a goal-oriented framework allows us to rephrase the original question from an objective one to a subjective, helpful one. Rather than what are our thoughts on the market, the question becomes how does volatility effect my goals? That is a question we can tackle. It is that answer that should define our savings process for each of those goals.

Congrats on Making Partner, Now What?

A Word From Our Founder, Ruvin Levavi Esq.

Congratulations to all of my attorney friends and clients who summited the mountain and made Partner. Surviving approximately 20,000 of billable hours is remarkable, Malcom Gladwell would consider you an expert twice over.

What I find more impressive is the lean years you survived getting to where you are today. Like myself, most of you graduated law school into the teeth of the 2008 Financial Crisis. Firm hiring slowed to a trickle, and associates were paid to stay home. The mountain you climbed was steeper than it was for the Partners before you and the associates following you. So now what?

When advising our first year Partners we often tell them to take a step back and reassess their financial plans and goals. We counsel our clients to:

·         Open a savings account earmarked for the tax-changes that comes with partnership

·         Analyze the structure of your buy-in and its effect on your finances and budgeting. Many new Partners initially find their take home salary is less than the prior year.

·         Incorporate your new profit-sharing plan into your Financial Gameplan. For most firms these plans are compulsory

·         Most importantly celebrate with those who supported you through it all

Give the Power Forward team a tryout, our Snapshot and Gameplan were built specifically for Big Law attorneys. There is no better time to have a documented financial plan.

Cheers to a great 2019!

Welcome to our new site!

Hey there,

Power Forward is so excited to announce the launch of our new and improved website! Here, we will be able to interact with our visitors and clients much more effectively and provide more value to all of you. Our new site furthers our commitment to being accessible and responsive at all times. If you have any questions about what we do, connect with us at

Your support is greatly appreciated and we couldn’t be more excited for the future of PFG!


Ruvin Levavi

Founder & Principal