Cash flow modelling is key to understanding what you can achieve with your assets. It enables you to predict your future cash needs using a number of realistic assumptions to see if you are likely to run out of money and if so when.
In order to develop your financial plan, you need clarity over your goals, your objectives and your motivations:
What significant events are coming up? Wedding, School Fees, Home Improvements?
When do you hope to retire or reduce your working hours?
What are your income needs now and in the future?
What about leaving a legacy? Are you concerned with passing on your assets to future generations?
What about long term care? Do the possible costs worry you?
Cash flow planning helps you stay in control of your financial future by giving a more holistic planning approach and clearer picture of the consequences of change on an ongoing basis. It also helps to give an idea of when certain key decisions should be made, such as retiring early or downsizing a property.
For more information, or to discuss how we could assist you to achieve the financial control and freedom you require, please contact us to book a free no obligation chat today.