We spend our lives working hard and trying to get ahead. Rarely do we stop, take stock, and consider ‘how soon can I stop doing what I have to do and start doing what I want to do?’ and ‘how much is enough?’.
Our Cash Flow Management is the core of our financial planning process. It underpins all the other sections of financial planning such as retirement, family and personal protection, passing on wealth to children and home finance.
To simplify and forecast a complex lifetime stream of money in and money out, whilst accounting for things like inflation, taxation, and investment growth, our Lifetime Cash Flow gives clients huge advantages when it comes to making financial decisions.
Working with our Financial Planners, cash flow modelling can be utilised to its fullest extent to provide our clients with the following:
- A clear and comprehensive summary of your financial arrangements.
- An income and expenditure analysis, and the planning assumptions used.
- An understanding of where any shortfalls might occur and make appropriate plans.
- Defined goals and objectives, and putting a value on them – how much is enough?
- An understanding of what you need to do financially to achieve and maintain financial independence.
- Adequate provision for dependents in the event of death or disability.
- A consideration of the tax consequences of different strategies.
- The development of appropriate investment strategies for capital and surplus income taking account of your attitude to risk and the need for flexibility and accessibility.
Clients will benefit from greater clarity about their financial situation, enabling them to make better informed decisions.