Your Needs

It is never too late or too early to benefit from investing or savings. But with the changes in the markets and your day to day financial demands, you are probably wondering “Where do I start?”

-If retirement is part of your financial objectives, you might be wondering how much is enough to continue living your lifestyle in other words what is the Cost of Retirement.

-In the early years it is important to save because you have time on your side.

-If you have been saving for a period of time, or maybe you haven’t stated saving (it is not too late). You can still benefit from tax advantage and potential compounding of your money.

-If you are at the height of your career, you should consider taking full advantage of saving options, by saving in various accounts you will have more options when retirement comes.

-Our financial advisors can guide you through every step of the way, helping to plan and strategize how much to save, at what time, in what, and how to avoid excessive taxation. So that when the time comes to retire, you will feel secure and ready to live whatever your dreams aspire.

- In every step of your retirement plan doors are open because Mayo Vera Financial Advising provides options for your future.

-Often people wonder how much do I really need for my child’s College Funding.

- Ok now that I know what it is, why shouldn’t I use programs like Florida prepaid to fund my child’s schooling?

- Programs like that offer more restrictions than solutions. Say you don’t use Florida prepaid and you decide to start saving according to what your advisor recommends. Then the time comes for your child to go to college. He gets a scholarship or goes to an out of state school. Your investment with Mayo Vera Financial Advising gives you options on how to spend the money you saved.

-The first thing to do is meet with your financial advisor and discuss and organize your goals and what you hope to achieve.

-Then your advisor will create a sound financial strategy to achieve all your goals.

-With proper organization and planning there is the no problem whatsoever with maintaining your comfortable lifestyle and securing your goals for the future.

-Mayo Vera Financial Advising gives you the ability to organize your financial strategies so when the time comes to choose your long term goals or short term investments, you have options.

-The first step is to establish an emergency fund. This fund is a savings of at least 3 months of your income to ensure that there is a cushion in case any emergency needs occur like illnesses, loss of you job, or other problems. This way your family has a security blanket in case of emergency.

-If you're young and healthy, you might initially scoff at the idea of disability and life insurance. But as they say, accidents happen. And if you're involved in one, you undoubtedly want to help to ensure that you and your loved ones are protected. Even if it's a brief disability, the result of an accident or a serious illness, having a short- or long-term disability policy and/or life insurance is key.

-You can calculate how much Life Insurance you actually need and your financial advisor will go over the different options when it comes to how to insure your family.

-Another important step in helping to ensure your financial security is avoiding debt. While it's easy and tempting to charge a new TV - or even a whole new entertainment system - debt can be crippling to your financial health. Credit cards should be used for purchases that you can afford to pay off; the "buy now, pay later" philosophy can be a trap. The best thing you can do is to remember that if you can't afford to buy something, don't.

-With Mayo Vera Financial Advising at your side you can give your family security and options in any expected or unexpected scenario.

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