Downey Financial Advisor

A Downey financial advisor knows the value of your assets and makes every effort to maximize their worth. Your assets include not only your house, car, savings accounts and investments, but your potential to earn an income. When it comes to saving money, your health is also one of your greatest resources. A California financial advisor takes these strengths into account when you construct a personalized financial plan together.

Parenthood and job responsibilities are important for the residents of Downey, who take pride in building a solid community for their children. Medical centers and educational institutions employ many of Downey's citizens, along with several corporations that play significant roles in the economy of Southern California. The universities of CA have granted college degrees to many goal-oriented young adults who were raised in Downey.

A Downey financial advisor helps you reach the professional and academic landmarks that you've established for yourself and your family. Investing in your children's education may have a profound effect on their future. The financial steps you take with your advisor to secure a stable life in California will pay off for generations to come. Invest some time in finding a professional who's as enthusiastic about your goals as you are.

Home Equity in Downey

Buying a home in Downey may be one of the wisest investment decisions you can make. The city's streets are lined with attractive suburban dwellings that may appreciate in value over the years. Once you build equity in your property, you can leverage your house's value to your advantage by using a loan to reduce debt, improve your property or recover financially after an emergency.

A Downey financial advisor can tell you about the types of home equity loans and the interest rates you can expect when you apply. With a fixed-rate loan, you receive a single sum from your lender, which you must pay off within a period of time established in your contract. Your payments and interest rate will not change throughout the term of your contract, typically five to 15 years.

A home equity line of credit is similar to having a credit card. This arrangement allows you to borrow money up to a certain limit, with interest charges varying according to the current rates. Like the fixed-rate loans, these lines of credit extend for a period of time determined by your lender. As a Downey financial advisor will tell you, both agreements offer tax-deductible interest -- a big advantage to you at tax time.

Before recommending this alternative, a Downey financial advisor will review your financial records to confirm that you have a history of repaying loans on time. If you have a record of responsible spending and saving, a loan that uses your property as collateral may be a smart option for you. Your financial advisor guidance may remind you that failing to meet your obligations to your lender can put you at risk for losing your home.

Your CA Home and Retirement

With the rising costs of housing and health care, retiring in the Golden State can be an expensive proposition. With the help of a Downey financial advisor, you can secure the life you envision for your senior years. A Downey advisor knows how to use the real estate market to benefit retirees. Talk with your financial advisor about how real estate fits into your plans for the years when you're no longer working.

If you're thinking about relocating, discuss the financial advantages of moving into a senior-oriented community versus purchasing a new condo or single-family dwelling in Downey. If you're an older adult in CA, hosting your children and grandchildren may be one of the highlights of being a retiree. The value of your home and the state of the real estate market may also affect your decision to sell. Your Downey financial advisor can guide you in making the right move.

Sit down with a Downey financial advisor to calculate the income you can anticipate from social security payments, a pension, a 401k, IRA or Roth IRA. If you have any other investment vehicles, you may want to allow these to grow in value for a few more years, as long as you can maintain a comfortable standard of living. If you've paid off your mortgage, you may find that you have enough funds to cover your needs each month.

If you're an older adult, your equity can serve as a safety net if you have unexpected medical expenses. An equity loan may prove helpful if you decide to remodel your house instead of moving from your familiar surroundings. Consult your Downey financial advisor about strategies for using real estate to supplement your lifestyle after you've retired. Your advisor can be your partner in achieving the independent life you've imagined.

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Financial Advisors In Downey

Mark Higginbotham
Mark Higginbotham
21515 Hawthorne Blvd
Suite 200
Torrance, CA 90503

Alan Gelb, CFP
Alan Gelb, CFP
330 N. Brand Blvd.
Suite 1150
Glendale, CA 91203

Mark Higginbotham
Mark Higginbotham
2400 E Katella Ave
Suite 800
Anaheim, CA 92806

Josh Fatoullah
Josh Fatoullah
2121 Avenue of the Stars
Suite 2350
Los Angeles, CA 90067

Zain Griffith
Zain Griffith
9701 Wilshire Blvd
Suite 1000
Beverly Hills, CA 90212

Eric Pritz, CFP
Eric Pritz, CFP
2121 Avenue of the Stars
Los Angeles, CA 90067

Paul Taghibagi, CFP
Paul Taghibagi, CFP
2121 Avenue of the Stars
Suite 1600
Los Angeles, CA 90067

Theodore E.  Saade CFP®, AIF®, CMFC
Theodore E. Saade CFP®, AIF®, CMFC
2121 Avenue of the Stars
Suite 1600
Los Angeles, CA 90067

Anthony Masterson
Anthony Masterson
12100 Wilsure Blvd.
8th Floor
Los Angeles, CA 90025

Rick Donnelly
Rick Donnelly
17901 Von Karman Ave
Suite 600
Irvine, CA 92614

Simon Reeves
Simon Reeves
30 Enterprise, Suite #190
Aliso Viejo, CA 92656