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matter what your financial concerns are, Robert A. Mecca & Associates LLC
may be able to help by formulating a strategy designed to meet your goals.
We'll listen to your goals and will develop an action plan in an effort to
achieve them.
Here are some examples of real life situations. Please note that
strategies vary by individual
situation and are dependant upon criteria such as age, assets,
risk tolerance, market, and financial conditions.
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Young Couple
Suppose a young couple has a decent income. But between the
mortgage on their condo, car loans, and a credit card crunch, this couple
has
trouble just making ends meet. One major goal is to plan for college.
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Goals
- Reduce outstanding debts as soon as possible
- Analyze current assets and 401k plan
- Evaluate auto, home, and life insurance coverage
- Increase cash flow
- Save for their children's college education
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Suggested Strategy
- Consolidate and significantly reduce debt
- Analyze and re-position retirement and
non-retirement assets
- Increase insurance coverage with lower premiums
- Increase cash flow and net worth
- Establish a disciplined college investment program
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Middle Aged Widow
Another typical client is a widow whose husband
handled their finances. She may be concerned with future
cash flow for retirement and may need financial guidance on
investing. |
Goals
- Retire at age 55, if possible
- Review 401k and IRA investments
- Invest money from CDs to improve yields
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Suggested Strategy
- Develop a retirement savings plan utilizing
present and future values
- Analyze and re-position assets in 401k and IRA
to an investment mix that provides maximum return
within risk tolerance levels
- Recommend highly-rated no-load mutual funds and ETFs
- Implement the selection of high-quality
individual bonds
- Continually monitor investments
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Young Single Professional
The typical, fast track professional is one who is looking to
establish an appropriate investment strategy
concentrating on tax-reduction and retirement planning.
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Goals
- Minimize income tax
- Review current IRA portfolio
- Invest for retirement
- Evaluate life insurance and disability coverage
- Purchase real estate
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Suggested Strategy
- Reduce income taxes
- Re-position investments for IRA in highly-rated
no-load mutual funds
- Diversify current investments with relatively
attractive returns in light of risk tolerance levels
- Consolidate life insurance policies
- Develop investment program for future real estate investment
- Purchase a comfortable home
- Increase net worth
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Retiree (s)
Single individual or couple in retirement looking to live a comfortable
lifestyle without outliving their assets. |
Goals
- Evaluate pension alternative strategies
- Simplify assets
- Simplify finances
- Reduce income taxes
- Enhance cash flow
- Donate to favorite charities
- Leave a legacy to family members
- Afford nursing home insurance
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Suggested Strategy
- Analyze all assets and recommend a strategic
action plan
- Move money from 401k into IRA investment vehicles that diversify and
maximize yields within risk tolerance levels
- Consolidate investment vehicles and increase net
worth
- Reduce income taxes to the extent possible
- Direct an investment strategy that will maximize future cash flow
- Coordinate estate planning with attorney
- Increase net worth and income to help pay for nursing home costs and
home health care
- Monitor stock and bond market fundamentals
- Monitor national and international issues
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Middle Aged Couple Planning For Retirement
This type of client is looking forward to comfortable, but active,
retirement years. They will need ample cash flow for
traveling and hobbies. |
Goals
- Comfortable retirement
- Income stream
- Leaving a legacy to the family
- Strategies for pension and 401k assets
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Suggested Strategy
- Design a high quality portfolio without taking unnecessary risks while
providing an income stream and staying ahead of inflation
- Assist with related estate strategies
- Tax free rollover of pension and 401k money
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Business Entrepreneur
A business entrepreneur desires an objective, professional consultation regarding various
aspects of his or her business. |
Goals
- Financial consultation
- Establish or review existing business insurance
- Marketing ideas
- Establishing the proper retirement plan
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Suggested Strategy
- Increase profits
- Reduce expenses
- Establish prudent insurance coverage
- Design appropriate retirement plans
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Every Person Has a Unique Investment Personality
In our consultation process, we help you identify and develop goals. Then we construct a personalized investment portfolio to match your
needs, risk tolerance, and desired investment returns. Along the way, we use
our skills from 25 years of teaching finance classes to communicate
difficult concepts in easy-to-understand terms. The result is our extensive
list of long-term clients, our best source for client referrals.
For more information, check our Frequently Asked Questions (FAQs) or contact us.
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