Families & Individuals

We specialise in providing individuals, families and businesses with bespoke financial planning advice and services.

Providing for the financial security of your family today and in the future can be stressful. Managing your monthly budget and saving may seem like an unattainable goal. We will help you to put a plan in place to ensure you can enjoy life with your family now whilst also working towards a secure financial future

What is a Personal Financial Plan? 

A Personal Financial plan is quite simply a roadmap to financial peace of mind for now & the future. Having a plan ensures you’re more likely to fulfil your financial goals, plan for retirement, protect your hard-earned money and ensure you are availing of the best tax-back incentives available. It involves taking a deep dive into your current financial situation, assessing what’s working, what’s not working and what your goals are in 5, 10 or even 40 years’ time.

After assessing your current situation and attitude towards risk, we will implement the proposed solutions to ensure you meet your financial goals.

As you journey through life, your financial objectives and requirements may evolve. That’s why, when we meet you, we take a comprehensive approach to fully understand your current financial situation and future ambitions. We begin by evaluating your assets, income and expenses and then work with you to establish your long-term goals and objectives.

  • Save for a deposit, or a new car.

  • Grow your retirement fund.

  • Fund your children’s education or wedding.

  • Protect your family in the event of the unexpected.

PERSONAL FINANCIAL PLAN

  • Assess your current financial situation.

  • Establish goals and set realistic targets.

  • Visual online forecast of your financial future up to age 100 including in-depth risk assessment.

  • Tailored Investment & Pension solutions.

  • Full Mortgage review to increase your savings or assistance as a first time buyer.

  • Review current insurance and protection policies to generate additional savings.

  • Protect your income & household

The Cashflow Modelling

An important part of a personal financial plan is Online Cashflow Modelling, which helps us create scenarios that allows you to visualise how your financial future situation may look using different scenarios, alongside stress-testing the proposed solutions up to 10,000 times using deterministic modelling. The reasoning behind this is.. Markets don’t behave in a linear fashion, neither should the cashflow model. The stress test, called ‘Monte Carlo’ will take into account your current attitude towards risk, market trends and provide a pessimistic, optimistic and average outcome lines which you can see below.

Based on your goals and using prudent assumptions, The Cashflow Modelling view will show you in real time how much money you have now, will have in the future, and how your familys future could potentially be affected by unplanned events such as loss of income, illness or even death.

The idea is that it gives you a detailed vision of your financial future and better context for making further financial decisions. As an example, it would show you how your wealth would be affected if you were to buy a property in 5 or 10 years, start a new business, investing money or taking a dream holiday. Or even what your options would be if you were to experience a sudden windfall.

Your online portal can be refreshed and updated as your life progresses so it always gives you a true picture of your financial future.

Have a Protection Package in place.

Ensuring a robust protection package is in place is crucial for achieving smart financial planning and reaching your long-term goals seamlessly. By incorporating essential protection products such as Health Insurance, Life Insurance, Income Protection, and Pension, you fortify your financial foundation against unexpected challenges, safeguarding your hard-earned savings and maintaining financial stability. These protection products act as pillars of security, offering a safety net during unforeseen circumstances.

Health Insurance shields you from exorbitant medical expenses, while Life Insurance provides financial support to your loved ones in the event of your untimely passing. Income Protection ensures continuity of income during periods of incapacity, allowing you to meet your financial obligations without depleting savings. Meanwhile, a Pension plan secures your retirement future, ensuring a steady income stream when you no longer actively work.

By investing in the right protection products, you mitigate risks and uncertainties, enabling you to stay on course with your financial plan.

Instead of dipping into savings or facing financial strain during emergencies, you can navigate challenges confidently, knowing that you have a comprehensive safety net in place. This proactive approach not only protects your financial well-being but also empowers you to pursue your aspirations with peace of mind, ultimately leading to greater financial success and security.

If you still have any questions, please make an enquiry, or freephone us, and we will be happy to assist you.

Browse through our Frequently Asked Questions below

  • A good rule of thumb is to aim for saving at least 20% of your monthly income. This may vary based on your financial goals, such as saving for a home, education, or retirement. We can help create a personalized savings plan that fits your budget and aligns with your future goals.

  • Life insurance is essential if you have dependents or financial obligations, as it provides a financial safety net for your loved ones in case of an untimely event. This coverage helps ensure your family’s financial security by covering living expenses, paying off debts, and supporting long-term goals like education.

  • Income protection is crucial if you rely on your earnings to meet monthly expenses. This type of insurance replaces a portion of your income if you’re unable to work due to illness or injury, helping you maintain financial stability while you recover.

  • If you’re unable to work due to health issues or injury, having income protection can be invaluable. In addition, an emergency fund can help cover essential expenses for a few months. We recommend both as part of a comprehensive financial plan to reduce the impact of unexpected events.

    So, if you need to obtain an insurance policy, invest in a portfolio of funds or find an estate planning specialist or tax professional, we can direct you to the resources you need or help you obtain these products and services.

  • It’s generally best to focus on high-interest debts first, such as credit cards, as these can quickly accumulate and become costly. We can help you prioritize and structure debt payments to optimize cash flow and reduce financial stress, creating a clear path to becoming debt-free.