A cash flow financial model is built on a timeline that takes into account your current and future lifestyle costs, your income streams and anticipates significant events during your life expectancy, allowing you to travel into your financial future.
Like all time travel, this requires a certain amount of courage because, when you open the doors of your very own Tardis, you might not always like what you’ll see.
If you don’t like what you see, then your model allows you to close the doors, travel back to the present and look at what you can change, to create a future that you can look forward to. This is what our Lifestyle Financial Planning is all about.
Your model will find out one of three outcomes:
1. That you don’t have enough
2. That you have just enough
3. That you have too much
If you don’t have enough you risk running out of money in your later years, so strategies can be put in place to invest more for your future, by creating a savings plan and prioritising your current lifestyle expenses.
If you have just enough your model will give you peace of mind that your financial future is secured and the confidence to enjoy your current lifestyle.
If you have too much, you risk not making the most of your wealth during your lifetime and dying with your dreams unfulfilled. What are those dreams and how can we put a spending program together so you can enjoy them without guilt, safe in the knowledge that they are affordable?
The overlap with the Doctor, unfortunately, ends at the point at which he (or she) regenerates at the end of their life allowing them to carry on their adventures around the universe without any consideration of Inheritance Tax. Those of us not blessed with such regenerative powers have only one life. A cash flow financial model can help you to take control and make sure it’s the one you want to live.
WHAT’S YOUR NEXT STEP?
You can probably have a lot more fun at 55 than at 85. The sooner we get started to help you take control of your financial future, the sooner you can live the life you want.
We offer all prospective clients an initial discovery meeting with one of our financial planners at our expense, to see if we can be of help to you.
