Joseph Motley

Personal Finance, Retirement, Investing
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“As the Managing Director of MVM Advisors LLC, Joseph Motley works with his clients towards the financial future they desire with the right strategies in place to get them there.”
Firm:

MVM Advisors LLC

Job Title:

Managing Director

Biography:

Before starting MVM, Joe helped build Microdyne Systems Inc., a cutting edge engineering and system integration firm.  Microdyne designed and built custom automation for manufacturing, using high speed assembly systems, robotics and machine vision.  Starting as Microdyne’s only salesperson, Joe was CEO for six years prior to selling the company and returning to New Jersey to be closer to his family.

Prior to Microdyne, Joe was working his way through school at University of North Carolina at Greensboro.  He started on “Wall Street” in 2002. His goal was to help individuals and business owners overcome the black hole, that is investing and retirement planning.  Joe learned firsthand, while building Microdyne, how difficult and important it is for both business owners and employees to navigate the world of investing.

Joe worked his way up to Senior Vice President of Investments and lead the retirement services group for a typical Wall Street firm.  Joe’s approach of always putting the clients’ interests first meant using the best available products for the clients not the most profitable for the broker or the firm.

Wall Street does not like this approach and after years of fighting for the clients, Joe had finally had enough.  Joe realized that Wall Street was never going to change so he started MVM Advisors LLC.

Education:

BA, Communication, University of North Carolina at Greensboro

CRD Number:

4514901

Insurance License:

#8947755

Disclaimer:

MVM does not provide tax, accounting or legal advice.  This website and any attachments are not intended or written to be used, and cannot be used or relied upon, by any taxpayer for the purpose of (i) avoiding U.S. tax related penalties or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, MVM cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. MVM does not warrant the accuracy of the materials provided herein, either expressly or impliedly.  MVM will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site. Copyright © 2017 MVM Advisors -- A fee only RIA

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Most Helpful
    Retirement, 401(k), Retirement Plans
When should I retire?
50% of people found this answer helpful

So, it looks like you have done a good job saving thus far, but there are still to many unanswered questions as many have hit on cash burn in retirement is key but what will have a bigger drag on your retirement will be healthcare, what types of insurance do you have. 

It is estimated that an average, healthy 65-year-old couple will need $245,000 to pay for medical expenses for the remainder of their lives.  This does not include long-term care costs*

Healthcare cost will be the 2nd largest expense in retirement**

Medicare only covers about half of healthcare costs in retirement***

*Fidelity Investments retiree health costs estimate, 2015. Healthcare and nursing home costs may vary by state.

** Take Control of Your 6 Biggest Retirement Expenses,” U.S. News & World Report, August 2015

*** U.S. News & World Report, Take control of your 6 biggest retirement expenses, August 2016

  

We have a great planning tool that we use to help understand and meet our client’s goals.  Have a look. https://www.mvmadvisors.com/next-generation-financial-planning

September 2017
    Retirement, Retirement Savings
What is the right amount to save when aiming for a certain retirement goal?
0% of people found this answer helpful
September 2017
    401(k)
What is the best way to open a 401(k)?
0% of people found this answer helpful
September 2017