Nicholas J. Toman, CFP®

Nicholas J. Toman, CFP®

Certified Financial Planner & Retirement Planning Specialist, Empowered Financial Management

Nicholas Toman, CFP®, is a lead retirement planner and investment adviser with Empowered Financial Management, a firm that specializes in retirement planning for those individuals within five to seven years of retirement or who have recently retired and no longer wish to serve as their own financial adviser.  All strategies are customized and made to clients by taking a 360-degree view of retirement, which considers the different risks retirees face during the distribution phase of life. Nicholas is a graduate of the University of Wisconsin-Whitewater with a BBA in accounting and has been a Certified Financial Planner since 2014.

Office: 608.212.7300 | Mobile: 608.212.2594 | Email: teamK@empoweredfm.com | Website: retiremadison.com | Facebook: @empoweredfinancialmanagement/ | LinkedIn: www.linkedin.com/in/nicholastoman/

Should Retirees Stay Invested and Ride Out These Volatile Times?
Three puzzle pieces fit together: A piece with a question mark leads to another with a gears icon, and finally a piece with a lightbulb.
retirement

Should Retirees Stay Invested and Ride Out These Volatile Times?

If the markets’ ups and downs have you feeling sick, it’s time to take stock of your whole financial picture. Here are five pieces of that puzzle to h…
May 13, 2022
Create Your Own ‘Retirement Symphony’
A cello players performs with an orchestra.
retirement

Create Your Own ‘Retirement Symphony’

A successful retirement plan surprisingly has quite a bit in common with a symphony orchestra. Get your own plan in harmony with these three tips.
February 21, 2022
Don’t Overlook these 3 Elements to Your Plans for an Amazing Retirement
Two women laugh as they take a drive in a convertible.
retirement

Don’t Overlook these 3 Elements to Your Plans for an Amazing Retirement

For years you’ve focused on your career and saving for retirement. In doing so, you may have lost sight of the big picture of what your ideal retireme…
November 16, 2021
Take Control for a Better Retirement
A woman makes notes on colorful Post-Its.
retirement planning

Take Control for a Better Retirement

A solid retirement plan is about much more than a collection of investments and insurance products. Be organized about your approach. Here’s how.
July 17, 2021
Avoid These 4 Common but COSTLY Retirement Income Mistakes
A piggy bank with a sad face lies on its side.
retirement planning

Avoid These 4 Common but COSTLY Retirement Income Mistakes

There are no pay stubs in retirement and no accounting departments to answer your questions. Once you retire, you need to be prepared to generate inco…
January 29, 2021
Is Your Mindset Right for an Amazing Retirement?
Drawing of the outline of two heads with a plus sign and a minus sign
retirement

Is Your Mindset Right for an Amazing Retirement?

You may be an excellent retirement saver, but that doesn’t mean you’re ready for the big switch from accumulating savings to living off of them.
December 3, 2020
4 Questions That Keep Most Pre-Retirees Awake at Night
Older man sitting in the backyard at night in his pajamas
retirement

4 Questions That Keep Most Pre-Retirees Awake at Night

Do you have answers for these four questions? Then congratulations and rest easy: You really are ready to retire.
October 29, 2020