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Although the names of the following people have been
changed to protect their privacy, these examples
illustrate how Robert A. Mecca & Associates LLC helps clients with diverse
financial concerns.
Please note that results do vary by individual
situation and depend upon criteria such as age, assets,
risk tolerance, market, and financial conditions.
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Jodi & Pete
Both age 25, this couple has a combined income of
$68,000. Between the mortgage on their condo, car loans,
and a credit card crunch, this couple was having enough
trouble just making ends meet, to say nothing of their
limited ability to save.
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Goals
- Reduce outstanding debts as soon as possible
- Save to buy a new, larger home
- Analyze current assets and 401k plan
- Evaluate auto, home, and life insurance coverage
- Increase cash flow
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Results
- Consolidated and significantly reduced debt
- Bought a new, larger home
- Increased insurance coverage with lower premiums
- Analyzed and re-positioned retirement and
non-retirement assets
- Increased cash flow and net worth
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Marianne
This 51-year-old widow, whose husband had always
handled their finances, was concerned with future
cash flow for retirement and needed 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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Results
- Analyzed and re-positioned assets in 401k and IRA
to an investment mix that provides maximum return
within risk tolerance levels
- Recommended highly-rated no-load mutual funds
- Implemented the selection of high-quality
individual bonds
- Continually monitored investments
- Developed a retirement savings plan utilizing
present and future values
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Andrew
A successful bachelor, age 34, Andrew was looking to
establish an appropriate investment strategy
concentrating on tax-reduction and retirement planning.
He wanted very much to buy a home, but didn't know how
much house and down-payment he could really afford. |
Goals
- Minimize income tax
- Review current IRA portfolio
- Invest for retirement
- Evaluate life insurance and disability coverage
- Purchase a home
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Results
- Re-positioned investments for IRA in highly-rated
no-load mutual funds
- Reduced income taxes
- Diversified current investments with relatively
attractive returns in light of risk tolerance levels
- Purchased a comfortable home
- Consolidated life insurance policies
- Increased net worth
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Richard
A recently retired multi-millionaire, Richard needed
advice on where to rollover his pension money as well as
help with evaluating, monitoring, and recommending
investment strategies for his substantial assets. |
Goals
- Evaluate all pension and non-pension assets
- Rollover pension assets to IRA investment vehicles
- Diversify portfolio within risk tolerance levels
- Simplify and consolidate investment strategy
- Reduce income taxes
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Results
- Analyzed all assets and recommended a strategic
action plan
- Upgraded quality of investment strategy with
broker
- Consolidated investment vehicles and increased net
worth
- Reduced income taxes to the extent possible
- Coordinated estate planning with attorney
- Continued monitoring investment portfolio and
markets
- Provided updated financial statements
- Periodically confer regarding future financial
strategies
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Tom & Eileen
Eileen and Tom, in their early sixties, married and
had children late in life. Although they've taken an
early retirement with substantial money from their 401k,
they are concerned about college tuition and how it
might erode their asset base and retirement lifestyle. |
Goals
- Invest for college
- Specifically determine where to invest their
pension money
- Increase cash flow while retired
- Keep income taxes down
- Establish a real estate escrow account
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Results
- Reduced income taxes to the extent possible
- Moved money from 401k into IRA investment vehicles
that diversify and maximize yields within risk
tolerance levels
- Significantly increased net worth and yields
- Developed a college funding plan based on present
and future value, using quality investment vehicles
- Directed an investment strategy that will maximize
future cash flow and continually monitored investments
- Established a liquid, high-yielding real estate
escrow account
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Every Person Has a Unique Investment Personality
One of our many client goals is to help develop and identify
yours. 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 22 years of teaching finance classes to communicate
difficult concepts in easy-to-understand terms. The result is our extensive
list of long-term satisfied clients.
For more information, check our Frequently Asked Questions (FAQs) or contact us.
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