How to create a nest egg living in Bermuda
Without a nest egg many live with a level with financial uncertainty, creating a nest egg is the perfect way to secure your financial future.
How to create a nest egg living
Without a nest egg many live with a level with financial uncertainty, creating a nest egg is, the perfect way to secure your financial future. Regardless of where you are, you can create your nest egg in two ways. One is with a savings plan that serves you well; the other is with a solid capital investment plan. Whichever you choose, PROVEN has the experience and expertise to help you get the best out of the savings opportunities.
Savings plan challenges experienced by our clients
Saving for the future can feel like a daunting task. Some of the most common questions asked by are clients include.
Do I need to have a lot of money to start saving?
Frankly, no! You can start saving with a relatively small regular amount. Then, you can increase the amount you save over time. However, it is better to let your financial goals dictate the amount of money you save regularly. To get rid of the dilemma and indecisiveness that accompanies saving, we can carve out a unique saving plan for you that would help you fulfill your financial goals.
What savings plans do you offer?
We offer a wide variety of savings plans from many of the worlds leading offshore investment providers and our savings plans are portable. Should you leave you can take your savings plans with you.
What if I my circumstances change in the future?
Aside from being portable, our savings plans are flexible. We can always help you adjust your savings plan to fit your circumstances. Our expert advisers are also always on standby to help you navigate through difficult circumstances to enable you to save.
How we approach building a nest egg
Often using a saving plan to build a nest egg a crucial part of securing a better future for yourself. It always comes in handy, especially during uncertain times. we approach our savings plans in four simple steps:
Gather relevant information about you
Individuals and families are different and go through circumstances that are unique to them. As a result, we do not believe that what works for one works for all. Hence, to offer you the best savings plan that you’re comfortable with, we collect necessary data and information about you. Some of our questions might centre on your life, your finances, your plans, and your priorities.
Present you with our recommendations
While we have a variety of options, our expert advisers will recommend the right savings options that suit your circumstances and explain all details to you.
Once you are happy with the recommendation, you can start saving immediately. If you hate paperwork, don’t worry – our industry experts take care of that for you. We will also answer any questions you have, and we’re dedicated to helping you achieve your financial goals.
Circumstances can change. As a result, we review your situation and your savings plan providing advice an making adjustments if necessary.
A Well known author Warren Buffet once said
“Do not save what is left after spending, but spend what is left after saving.”
We are obsessed with providing top-quality services to our clients. As a result, we employ the offshore industry’s finest advisers on our team so that you can achieve your life goals. With our experts giving you insightful advice, PROVEN Wealth helps you plan for your future with confidence.
We’ll offer you a choice of savings options and opportunities that are in line with your budget. We remain flexible, devising strategies that will maximise your savings opportunities.
What is Secondary or Follow on Offering? How do they work?
There are many great savings opportunities available. At PROVEN, we work hard to find the right options for our clients by learning about your current situation and your goals. We then use this information to create your personalised savings plan that will help you save as much as you are able to on an ongoing basis.
What timeframes do you work with?
The timeframes of our Bermuda savings plans are sensitive to your circumstances as a client. In other words, our clients’ circumstances determine the timeframe of their savings plan.
Do I need to know anything about financial markets or investing?
You don’t need to educate yourself on financial markets before you start saving. All that’s needed is regular commitment to your savings plan. Our role is to create flexible saving plans tailored to suit your circumstances.
Is there a fee for our initial meeting?
No. We seek to cater to our existing and prospective clients. Hence, to ensure that you are confident and comfortable with the quality of our services, your first meeting with us would be entirely complimentary.
How much money do I need to start?
You don’t need a lot of money to start your savings journey. Our savings plans in Bermuda can be started with as little as USD $300 per month. In addition, your savings plans are customised for you to fit into your finances.
What happens if I decide to leave Bermuda?
Our savings plans are portable. As you pack your bags to relocate to another country, you can relocate with your savings plan and continue from your new location.
Which currencies can I invest?
You can invest in USD,GBP & EUR.
Will I get regular updates on how my savings plan is performing?
Yes. You will have online access and we offer regular reviews with you covering your circumstances and the performance of your savings plan, we do our best to keep you up to date. You will be kept aware of any changes we suggest to keep you on track with your goals.
PROVEN Wealth licensed and regulated by the Bermuda Monetary Authority.