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MFP Financial Services, Inc.

Financial Classroom

Common Retirement Investment Mistakes

Only one-in-four Americans (27%) feel very confident that they will have enough money to live comfortably when they retire, according to the 2020 Retirement Confidence Survey Summary Report.
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OFFICE RELOCATION

After careful thought and planning, we are happy to announce that we have moved our office to a new location in downtown Safety Harbor beginning September 15th.Our new address is 335 9th Ave. S., Safety Harbor FL 34695Our address may be changing; however, we remain dedicated to providing the same personalized financial guidance to address your unique needs. We welcome you to stop by our new office or contact us at our same phone number (727) 443-3300.We look forward to continuing to serve y
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Beyond Retirement: Consider Your Other Goals

When it comes to financial stability, people tend to focus on paying off debt and saving for retirement.
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Saving money when planning a trip—the dos, the don’ts.

Saving money when planning a trip
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Breaking Down The Real Costs of Purchasing a Home

Home ownership has several advantages over renting, including lower monthly payments, deductible mortgage interest, and the accumulation of equity. But there is a definite price to pay for these benefits, including the expenses we detail here. The biggest spend is your initial equity. There are two costs that constitute the beginning equity in your home. The first is earnest money, typically $500 to $2,000 that ensures your commitment to the deal. You can get a refund if the deal fal
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INDEFINITELY WORKING FROM HOME? USE THIS OPPORTUNITY TO SAVE MONEY

Your savings might not stem from tax breaks, but rather from other financial benefits. You won't be spending money on commuting, restaurant lunches, after-work happy hours, etc. Now is a great time to update your budget and financial plans
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CHRIS MAVRAKOS HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS

CHRIS MAVRAKOS HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS    Dunedin, FL— June 16th, 2020    Chris Mavrakos , an independent LPL Financial advisor at MFP Financial Services in Florida, today announced inclusion in LPL’s Chairman’s Club. This elite award is presented to less than 5% of the firm’s more than 16,000 financial advisors nationwide*.    “I’m proud to congratulate Chris Mavrakos on behalf of LPL,&rdqu
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How To Let Your Money Work For You, Not The Other Way Around

Follow these three examples to see, in real world examples, how saving earlier can be make an astronomical difference at retirement.
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You've Left Your Employer...Now What?

You've Left Your Employer...Now What? Here's a list of the options most people choose between when dealing with an old 401(k)
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The Power of Dividends

Learn what dividends are, and why they're so important in planning for retirement income.
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