The Financial Navigation Service

What is the Financial Navigation service?

This is a comprehensive financial plan, which takes a snapshot of your financial circumstances now, and projects this forwards into the future. Using the most sophisticated software, we can show you how you are going to live the rest of your financial life, whatever happens. This is a powerful tool as it allows us to put in place the solutions to potential problems, but more importantly to give you something to work towards.

Our Financial Navigation Service will:

• Help you to make the most of the rest of your life
  
• Tell you when you can stop working and start doing the things you want to
  
• Ensure you never run out of money
  
• Ensure that your family is secure no matter what happens
  
• Tell you when you can stop accumulating and start spending!

The ultimate aim is financial independence.

This means that at some point, if you choose to, you can stop working and start doing the things that you really want to do.

Picture the scene...

When we go through this process we usually find that clients fit into one of 3 scenarios:

• Not enough
  This is the majority of people. You have worked hard but have not accumulated enough to do what you want in later life. You either have to keep working, or reduce your standard of living, otherwise your resources will run out.
  
  
  
• Just right
  Obviously, this is what we aim for. We want to put plans in place so that you never run out of money, but keep the lifestyle you want. More importantly, we want to ensure that you don't have to work longer than you need to.
  
  
  
• Too much
  Weirdly, this situation is even worse! Imagine that you have worked all those years, paying tax on everything you do - income tax on your earnings, VAT on your purchases, corporation tax on your business, stamp duty every time you move house etc. If you accumulate too much your family has to pay tax all over again when you die at 40%! We can avoid this with careful planning so that you can either afford to give money away to charity, or retire sooner while you can still enjoy your life.

How does it work?

1. Starting point
   We aim to identify where you are now, how you got there, and where you want to be in the future. In other words, we help you to set goals for your financial future.
   
   
2. Planning your route
   we identify the resources that you have now, those you will have in the future, and what you might need to cover other eventualities. We then help you to set a strategy for your goals, and more importantly tell you the truth about how your money really works. This does not involve financial products, just common sense financial principles.
   
   
3. Making the journey
   Only once we have set out your financial future can we then begin to solve your problems by bringing in product solutions. We would then go through a rigorous process of research to ensure you get the best advice for your circumstances.

How is this different to other financial advisers?

Most financial advisers go straight to stage 3. Why? Because that is where they make their money - by selling you something. We believe that you must get the fundamentals right first, before you start setting up solutions.

Click here to download our Financial Navigation brochure.

Click here to contact us about the Financial Navigation service.