How to Lower Your Empower Costs
2026 Cost Reduction Guide
Current Pricing
Empower costs $14.99 per month as of February 2026.
Empower does not offer retention discounts. Cancel from your account settings.
You can downgrade plans or cancel entirely through your account settings. No negotiation available.
Before you pay — do you already have Empower?
Empower is included free (or heavily discounted) with these plans. Check if you're double-paying:
No cost — free dashboard — includes Everyone
Empower dashboard is completely free. Wealth management advisory is separate.
What Happens When You Cancel Empower
How to cancel
empower.com → Account → Cancel
Steps (3 screens)
- 1Log into Empower
- 2Go to Account/Settings
- 3Click 'Cancel subscription'
- 4Complete cancellation
- 5Confirm
What they'll try to keep you
In-flow discount offer?
✅ Yes
Win-back email after?
✅ Yes
Access after cancel
Access until end of billing period
Your data
Data retained for 30-90 days
Dashboard is free — only advisory services have fees.
You can lower your Empower costs by using your bank's built-in tools, switching to free alternatives like Credit Karma, or downgrading to the free tier. At $14.99/month, Empower adds up to $179.88 per year — but most subscribers pay more than they need to. Here are the best strategies to reduce what you spend on Empower in 2026.
Quick Wins
Empower Subscription
Financial planning and retirement management.
Empower Price History
Tracking: Empower Personal Dashboard
| Date | Price |
|---|---|
| 2022-01 | $0.00 |
| 2026-01 | $0.00 |
Price forecast
Dashboard remains free to drive wealth management leads.
Best time to subscribe
Already free.
How to Pay Less for Empower
Save up to $0.00/month with these proven strategies
Retention Offers (1)
Empower's dashboard is free — only advisory services cost money
Save $0 (dashboard is already free)
Plan Downgrade Opportunity
Empower's dashboard (net worth tracking, budgeting, fee analyzer) is completely free. Only wealth management advisory charges fees.
Churn & Return Strategy
Cancel now, wait 0 days, and get a win-back offer:
N/A
Delivered via none
Free dashboard always available
Free Alternatives (1)
Empower Free Dashboard
Full financial dashboard, net worth tracker, fee analyzer — all free
Best Strategy:
Empower's core dashboard is 100% free — net worth tracking, spending analysis, retirement planner, fee analyzer. You never need to pay unless you want wealth management advisory.
Do I actually need this financial tool subscription?
Use this framework to evaluate whether Empower is worth keeping.
Using it for active trading, budgeting, or tax prep
Keep it during active use periods. But many finance tools have free alternatives — Mint, Personal Capital, and your bank's built-in tools may cover your needs.
Only check it occasionally for account balances
Your bank's free app does this. Cancel the subscription and use your bank's built-in tools for balance checking and basic budgeting.
Subscribed for tax season but it's now April+
Cancel until next tax season. Most tax tools let you resubscribe and import prior year data.
Paying for premium features you don't understand
Downgrade to the free tier. If you don't notice a difference after 30 days, you never needed the premium features.
Empower vs Alternatives — Feature Comparison
Free Financial Dashboards
| Feature | Empower | Mint (Credit Karma) | Monarch Money | YNAB |
|---|---|---|---|---|
| Price | Free | — | — | $14.99/mo |
| Net worth tracker | Excellent | — | — | Limited |
| Fee analyzer | Yes (investment fees) | — | — | No |
| Retirement planner | Yes (detailed) | — | — | No |
Verdict: Empower is the best free financial dashboard with retirement planning and fee analysis. Mint is simpler free tracking. Monarch and YNAB are paid but better at budgeting.
Frequently Asked Questions
Is Empower worth the subscription cost?
At $14.99/month, Empower is worth it only if it saves or earns you more than the subscription cost. Track your actual savings from using the service. If it's for budgeting or credit monitoring, free alternatives from your bank or Credit Karma may offer the same features.
How can I lower my Empower costs?
Switch to annual billing for 20-30% savings, check if a free tier covers your basic needs, see if your bank or brokerage includes similar features, and look for promotional pricing for new or returning subscribers.
What are free alternatives to Empower?
Free finance tools include Credit Karma (credit monitoring and budgeting), your bank's built-in budgeting tools, Google Sheets budget templates, Personal Capital free tier (investment tracking), and free versions of most finance apps. For tax preparation, IRS Free File covers most filers.
How do I cancel Empower?
Cancel through your account settings on the Empower website. Before canceling, export any financial data or reports you want to keep. Some finance services require calling customer support to cancel. Check if a free tier is available that lets you keep basic access.
How Much Are You Overpaying?
Empower is just one piece. Take the free 30-second quiz to see your total savings across all your subscriptions.
About Empower: Financial planning and retirement management.