Our Financial Planning Service Will Benefit You By:
- Ensuring that you never run out of money
- Advising you when you can stop working and start doing the things you want to
- Guaranteeing that your family is financially secure no matter what happens
- Helping you make the most of the rest of your life
- Telling 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.
A Realistic Assessment of Your Life Goals
When we go through this process we usually find that clients fit into one of the 3 scenarios below. Your financial plan will help you determine where you are now and how to get to the perfect scenario to match your future lifestyle needs.
- Not enough
This is the majority of people, who find that they will not have accumulated enough to do what they want in later life. They either have to keep working, or plan to reduce their future standard of living to avoid resources running 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 might not be as good as it looks if you worry about your heirs! Imagine that you have worked all those years paying income tax on your earnings, VAT on your purchases, corporation tax on your business, stamp duty on your house purchases. Then your estate has to pay another 40% tax on your death! 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.
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