Bringing your plans to life
The importance of Cashflow Planning cannot be underestimated, and talking to one of our financial planners can make such a difference. With advice that’s tailored to you, we’ll help you gain a clear picture of all your options, leaving no stone unturned.
Stage one
The first stage is a meeting to find out more about each other, so that you know how we work and we get to know your current circumstances and your goals.
Stage two
The next step is to help you collect precise financial information, not only about all your current financial assets and liabilities, but also about potential future liabilities and income too.
Stage three
Using the information gathered, we’ll provide long term cashflow projections which show what the likely outcome will be if you carry on as you are, and if you need to make any changes.
Stage four
Through cashflow diagrams we’ll be able to show you how potential changes to your planning could improve the outcomes, but also what the situation would be should any catastrophes occur.
Stage five
In this stage of the planning process we’ll present our recommendations to you, discuss any changes we recommend, and explain the reasons why we think these changes will help you.
Stage six
Long term scenarios include not only the more obvious ones such as ill health or even death, but can also be personalised to show the possible effects of losing employment, retiring early or downsizing property.
Working through this process ensures that we gain a thorough understanding of where you’re trying to get to, and how we think that’s best achieved.
You can then choose whether to proceed to the next stage of Financial Planning where we make specific recommendations relating to your objectives. These may be investment-led, relate directly to managing an Inheritance Tax liability, or involve helping you to decide the most effective way of funding your lifestyle in retirement.
At regular Planning Meetings we’ll meet with you to reassess your position and goals, review and update your Lifetime Cashflow and ensure your plans remain on track.