What do cash flow financial modelling and Dr. Who have in common?

 In Financial Planning

Event Date:

This is probably the first time that humanity has asked itself this question. The answer is, more than you might first think!

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 saving 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.

The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.

Inheritance Tax is not regulated by the Financial Conduct Authority.

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.

Book your free initial consultation today, to find out how we can help you get a clear undertanding of your financial future.

Simon Phippen
Simon trained as a Management Accountant and has an MBA from ESCP in Paris. He brings his financial and business management skills, developed in a wide range of industries, to the operational running of Riverfall. Simon uses the fact that he is not a financial adviser to ensure that Riverfall’s thinking is always client-focused and often challenges some of the ways in which the advice business has traditionally been conducted. His experience of working in world class organisations has taught him the importance of building a team around a strong set of values which is then reflected in a great customer experience. All team members are trusted to have delegated responsibility and are encouraged to come forward with new ideas to improve the business and its services. What the Riverfall team say: “Accountant, poet and fearless leader, is there no limit to the man’s talents”.