New Year. New You. New Start!

 In Financial Planning

Event Date:

If you are only going to make one resolution this year.
Take control of your future with Lifestyle Financial Planning

The worst thing about early January is the predictability of the weather (cold dreary) and the news (train fare rises, diets after over-eating and credit card crisis after over-spending).

Then of course there are the new year resolutions. New year, new you, new start. Really?

What if this was the year that you actually took control of your finances and your future? Not just the usual half-hearted pledges but something much more powerful that could actually change your life?

Lifestyle Financial Planning works in three stages:

1. It encourages you to ask yourself some fundamental questions about what is important to you and what you really want in life. Your ‘lifestyle’ is how you choose to spend your time and your money. What is your lifestyle today? Are you happy with it? How could it be better? What lifestyle do you want in the future, as you get older and look towards some form of retirement in whatever form that may take?

2. A sophisticated model of your current and future finances is then constructed incorporating variables such as your earned income, expenditure, investment returns and taxation. This model can be extended through to the end of your life expectancy. Once the model is created, various scenarios can be constructed to incorporate a variety of life choices such as when you want to stop working, how much you should be saving and how your investments might perform.

Most importantly, what do you want to achieve with your time and your money? What are the big objectives that will allow you to live life with a purpose?

Once a skilled financial planner has helped you work through all of the scenarios and choices, you will have a plan that will be a guide for the rest of your life to achieve what you really want.

3. The last phase consideration of the various financial products that might be required to deliver and protect your Plan. This is what most people know as Financial Advice. The Plan you have created now tells you how much risk you need to take with your investments and how much you should be saving. It will also highlight all of your current and future taxation issues that should be managed and optimised.

Provided that you regularly review your Plan to keep it up to date with life’s inevitable changes, it will always be there for you as a guide, providing clarity and financial peace of mind. You are in control of your future, you know where you are going and, most importantly, you know why you are going there.

You can probably have a lot more fun at 55 than at 85. The earlier we get started to help you take control of your financial future, the sooner you can start living the life you want.

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

What’s your next step?

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 consultation today, to take control 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”.