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how we can help
D’Avella Financial Solutions, serving the Greater Delaware Valley, is a retirement planning firm that always gives priority to the needs of its clients. Whether you live in Camden, N.J., Philadelphia, Pa., or Wilmington, Del., the staff is there to listen to your individual goals before even attempting to map out a journey to get there. When you meet with a financial advisor like Michael D’Avella, you can trust that you’re in safe hands from start to finish.
Secure Monthly Income: A Stable Way to Retire
There are plenty of people who will leave their “Golden Years” up to chance, not necessarily due to carelessness, but more because they can’t fathom what it would take to live comfortably in a world of rapid inflation. The good news is that, as daunting as it can seem, there’s no reason for anyone to put retirement planning on the backburner.
Finding a professional that can put these fears to rest isn’t just good for your wallet, it’s good for your sanity. These services are designed to take away the unknowns of planning by securing your monthly income in ways that make you comfortable. If you would prefer for your money to come from rental income, a financial advisor can take steps to help get you a stake in some lucrative property. Prefer to master the stock market? There’s a way to take calculated risks.
Retirement Income Planning
Anyone can pick a number, an amount of money they believe will be required for them to retire. But that’s not the same as designing a retirement plan that outlines how to reach income goals and address the strength and weaknesses in a portfolio. For decades, residents in the Greater Delaware Valley have turned to D’Avella Financial Solutions for expertise in their retirement planning.
Assets Under Management
Residents from the Greater Delaware Valley, feel secure in trusting their assets under management to an experienced boutique firm like D’Avella Financial Solutions. They know they will get the expertise they need without the pressure that conglomerate firms are often associated with when it comes to investment choices.
Long-Term Care
Long-Term Care Insurance offers protections that typical health insurance doesn’t. It is not for everyone, but it can provide the support you need when facing the expenses of at-home or nursing-home care. Michael D’Avella owns the expertise in Long-Term Care Insurance to explain its advantages and disadvantages, as well as whether it fits your retirement goals.
Wealth Management
The term wealth management is often reserved for high-net-worth individuals and families in the tri-state area. However, the basic principles can be applied to anyone, regardless of how much they make and how they choose to invest. At D’Avella Financial Solutions, the goal is to map out a plan that will help clients preserve their money during the worst of times, while maximizing their profits wherever and whenever possible.
Investing
Investing can be a lucrative way to turn your money into a real source of wealth. Some holdings, like property, can yield steady monthly payments. Others can cash out for sky-high values after patiently biding time. However, investment is also a rabbit hole. Once you dig into just how many combinations there are, it can feel impossible to navigate (and that’s assuming you have the time and energy to tackle its complexities)!
Maximizing Social Security
If you live in the Greater Delaware Valley, you likely already know that Social Security has changed since its original debut in the 1930s. In fact, some may dismiss it entirely as a viable source of income. This claim has some basis in reality — given the rapid decline of payouts — though it’s not the whole story. While a good financial advisor would never tell a client to trust solely in federal funds for their retirement, that doesn’t mean it can’t be helpful in building your secure monthly income.
Retirement income planning
Do you assume you need around $1 million in the tri-state area in order to retire? If you do, you’re not alone. If you live in the Greater Delaware Valley, this is a nice round figure that tends to stick in people’s minds. It translates to having somewhere between $40,000 and $50,000 to spend every year during retirement. However, there’s more to retirement income planning than saving $1 million and calling it a day. Financial firms are there to put all of your assets in context, so you can be confident about what’s ahead. By the time you reach retirement age, the exact amount you need will depend on how you want to spend your “Golden Years.” More importantly, it means having enough to safeguard your accounts from unexpected expenses.
The Art of Retirement Planning
How much do I need to retire? At D’Avella Financial Solutions, the staff is there to help answer this question. An advisor like Michael D’Avella can ensure you have enough retirement income to secure your future. When you know how different financial products and investments work, it makes it easier to choose which ones fit in with your lifestyle. The ultimate goal is to protect you against the twists and turns of life. Whether that’s in the form of an inflation hike or an unexpected request for a grandchild’s education, the underlying foundation remains the same. IRAs, rental properties, Social Security checks, stock dividends: there are multiple sources of secured income that you can take advantage of, and when you choose a boutique retirement firm, you have the opportunity to develop a real relationship with your advisor in planning out your solutions. If you’re wondering how to plan your retirement income, it comes down to what you want to do. For instance, if you don’t feel comfortable with the intangible stock market, you might be more comfortable investing in property. If you’re asking “how much to retire?”, a financial advisor is there to guide you to the best, right answer.
Assests under managment
There are risks attached to practically every financial decision you make. For most people in the Greater Delaware Valley, their first investment marks a turning point in their life, one where they take a little more charge of their destiny. However, once an investor is accustomed to the ups and downs of the market, they start turning their attention to other matters. While this is understandable, it can also be disastrous for a portfolio.
If you live in the Greater Delaware Valley, assets under management services can determine how your investments perform over time. At a boutique retirement firm like D’Avella Financial Solutions, you get the expertise you need without the pressure you don’t. You also have the chance to build real trust and rapport with your advisor.
Assets Under Management Strategies
At the core of this financial solution, you’re essentially paying more attention to your accounts. If one starts to gently plateau, an advisor can help you evaluate its past returns and assess whether it’s wise to move forward with it. If one drastically plunges, an advisor makes it possible to avoid making decisions that are made solely out of fear or panic.
Michael D’Avella has the experience and expertise to help his clients understand whether their assets are working as hard as they should be. He catches errors so they don’t turn into bigger problems later on. He spots the anomalies before they snowball into losses. You get advice on how to diversify, when to withdraw your investment, and why your holdings will thrive best when you have a clear focus for your portfolio.
This financial principle is one that requires some degree of risk, which is why having a financial advisor can be more than a luxury for many people. Those who want to temper their losses can trust D’Avella to protect what they’ve built, while those who are prone to impulsive moves can count on him to make more measured moves in a volatile market.
Long-Term Care
If you’ve been thinking about your retirement plans, you’re probably interested in strategies that can safeguard your holdings even in the worst-case scenario. If you live in the Greater Delaware Valley, talking to a financial advisor can go a long way toward giving you the peace of mind you’re looking for.
One financial product that you might want to consider is Long-Term Care Insurance. This policy is designed to give you the financial support and assistance you need in the case of a long-term illness (LTC) or injury. It doesn’t cover the same costs as typical health insurance, like surgery or doctor’s visits, but rather the incidental costs that come with ongoing recovery.
The Benefits of LTC Insurance
D’Avella Financial Solutions is a boutique firm that can help you build a strong portfolio in the tri-state area. This is tailor-made advice based on your individual preferences and risk tolerance. For some candidates, LTC can play a significant role in protecting their savings from inflated expenses associated with at-home care or nursing homes. For others, it might not be worth the additional expense. Michael D’Avella is there to explain the advantages and disadvantages of this policy and whether it makes sense for your retirement goals.
Whether you have a troubling personal medical or family history or just want to be on the safe side, finding good coverage can really make a difference to your savings. One study found that people without LTC insurance pay an average of 6 times more than those with the policy. Some policies may even allow people to retain a portion of the premium costs if they never end up using the policy.
This is not to say that everyone is a candidate for this product. As a relatively expensive policy, you’ll need to weigh the risks against the price of the premium. Having the right advisor when you decide can make all the difference. D’Avella is there to go over the facts so you can do right by you and your loved ones.
Wealth managment
The term wealth management is often reserved for high-net-worth individuals and families in the tri-state area. However, the basic principles can be applied to anyone, regardless of how much they make and how they choose to invest. At D’Avella Financial Solutions, the goal is to map out a plan that will help clients preserve their money during the worst of times, while maximizing their profits wherever and whenever possible.
How Does Asset Wealth Management Work?
For professionals in the Greater Delaware Valley, it depends on their long-term goals and their personal relationship with risk. Some people will focus on a specific industry, such as technology, and then build on their experience over time. Others will want to be involved with more lucrative measures that assume more risk. The staff at wealth management companies have seen it all.
No matter what investment approach you take, though, having the right financial advisor can go a long way toward helping your portfolio perform the way you need it to. Michael D’Avella has access to highly specialized resources that can address the concerns that extreme wealth can bring. Whether you want to purchase additional property or you have bigger philanthropic goals, there’s a way to manage it all so you and your family come out ahead. From tax codes to account conversions, asset and wealth management can be exactly what you need to protect everything you’ve built on your way to retirement.
There’s a lot to keep in mind when you’re managing multiple accounts, and it’s a task that even the most diligent of investors can lose track of along the way. Hiring a firm that you can trust gives you the peace of mind you need. When everything is being looked after, wealth investment is that much more straightforward. If one of your holdings takes a hit or there’s a new opportunity on the horizon, you get the alerts you need to make careful decisions. Having the right professionals in your corner ensures that you’re protected on all sides.
Investing
Investing can be a lucrative way to turn your money into a real source of wealth. Some holdings, like property, can yield steady monthly payments. Others can cash out for sky-high values after patiently biding time. However, investment is also a rabbit hole. Once you dig into just how many combinations there are, it can feel impossible to navigate (and that’s assuming you have the time and energy to tackle its complexities)!
Michael D’Avella at D’Avella Financial Solutions understands just how intimidating it can be to settle on a strategy that works for you (and your portfolio). It’s why he’s there to guide his clients in the Greater Delaware Valley area toward the right answers for them.
A Brick-by-Brick Approach to Retirement
Investments certainly can be a one-time, flash-in-the-pan windfall. Some people stumble on the next big thing, and capitalize on being in the right place at the right time. More often, though, a strong and stable portfolio is a collection of assets that consistently appreciate over time. (Even people who don’t consult with a financial advisor will likely see steady returns as long as they prioritize diversity in their investments.) However, an investor who works with someone they trust can expect to see much stronger profit margins on their road to retirement.
For anyone in the Greater Delaware Valley, who’s put off investment because they don’t want to wade through an infinite number of opportunities, checking in with a financial advisor can be the best move they ever make. Investment doesn’t have to mean buying a property. It doesn’t have to mean buying stocks. It doesn’t have to mean getting in on the crypto markets. The advice you receive is tailored to you and your long-term goals, so you can be comfortable with where you’re allocating your money. In general, you want a portfolio that’s diverse enough to handle the inevitable market swing, but not so diverse that it lacks focus. Michael D’Avella gives you the investment advice you need to strike the perfect balance.
maximizing social security
If you live in the tri-state area, you likely already know that Social Security has changed since its original debut in the 1930s. In fact, some may dismiss it entirely as a viable source of income. This claim has some basis in reality — given the rapid decline of payouts — though it’s not the whole story. While a good financial advisor would never tell a client to trust solely in federal funds for their retirement, that doesn’t mean it can’t be helpful in building your secure monthly income.
If you want to maximize your Social Security in the Greater Delaware Valley, there are strategies that you can take advantage of. It all comes down to how you file. At D’Avella Financial Solutions, the staff can show you how to apply so you can get the most from your monthly check.
How to Maximize Social Security
The first principle of this program is not to underestimate its power. In other words, just because a neighbor or friend receives a pittance of a check every month, doesn’t mean that you have to. What you’re owed depends on how long you’ve worked, the industry in which you worked, and how much was deducted from your paycheck. Michael D’Avella is there to help you get a handle on complex regulations that regularly change.
Maximizing Social Security starts with a financial advisor who can look over your information and evaluate your prospects. It’s important for them to do this prior to submitting your paperwork. Should you make a mistake when filing, it can be a long and difficult road to try to correct — particularly now that the federal government has more on its plate than ever before.
Having a professional in your corner can be enough to get something back from a program that you’ve likely been paying into for most of your life. The check that you receive might not be enough to fund global travel, but it may go a long way to covering necessities like grocery bills and utilities.
