You have worked hard to build up a level of wealth and are receiving a stable income, perhaps as an employee or perhaps through your own business.
However you are now worried about your financial future and whether you can achieve the personal goals that you have.
Perhaps you want to retire early, afford a bigger home or a second home, send your children to private school or perhaps you simply want to know that you can maintain your existing lifestyle confident you will never run out of money.
Our LifeWealth Design service allows you to understand whether your current and expected future financial position will allow your goals to be achieved and if they are not likely to be what actions you need to take to make them achievable.
Ultimately we answer the question “how much do I need to accumulate to ensure I am financially independent at an age that is suitable to me?”
By using lifetime cash flow forecasting our clients are able to understand the relationship between their net worth, income and cost of lifestyle over time.
We guide them through a step by step process which firstly details their current financial position, uncovers their goals and aspirations and, using certain assumptions, maps out the likely direction of their wealth as they continue to accumulate wealth before reaching the point, typically at retirement, when they drawdown on their assets to support their retirement lifestyle.
By building in different scenarios our clients have found that they are able to make important decisions now based upon life’s ‘What if?’ questions rather than looking back at a later date and say ‘If only…’. ‘If only I saved more’, ‘If only I took more investment risk/less investment risk’, ‘If only I reviewed my financial position sooner’.
Clients who have benefited from our LifeWealth Design service include a couple in retirement who wanted to ensure they were not going to run out of money, a City professional who wanted to know when he could afford to retire and a couple who wanted to know what was the minimum price they needed to sell their business for so they could fulfil their personal ambitions.
Do call us on 01483 274566 or complete our online enquiry form to arrange your meeting. The first meeting is at our expense and with no obligation.
We look forward to speaking with you and helping you achieve your financial planning goals.