Structuring a plan

But your plan needs to cover not only life-after-work, but also help navigate the ups and downs of life; those annoying, unexpected holes in the road that life can throw at you. They can come randomly and regularly, and often when you can least afford it.

Somehow, we all need to factor in the unexpected so that when it does arrive, you are not left saying “How did that happen – it’s not fair!” How much better would it feel to say, “We have that covered!”

If you have ever heard someone make the first statement, then cast your mind back and ask yourself if you didn’t think; “I know whose fault that was!”. If it didn’t, then you were probably thinking “I better get that covered.”

Whatever the unexpected events turn out to be, it’s vital to include a contingency plan to cope with them in your financial plan, and hope they are not big enough to derail it.

Building a plan

1.  The End Game:

We need to set your goals and know what it is that you want to achieve and what you would be happy with. It’s important for your goals to be SMART. In case you are not familiar, this stands for:

Specific, Measurable, Achievable, Relevant, and Time Bound.

2.  Design it:

You wouldn’t build a house without designing it first, making sure the layout worked for you and your financial plan is no different. It is important there that you visualise everything you want to include and find its place in the plan. Make a list of what you will need to fund your working life. We can be the architect of your design coming together; taking your ingredients and mapping out a framework that you can pick and choose from, with a schedule to follow, and a cost to deliver the dream. 

It may be that we need to edit a little, either to increase or reduce your budget, but as long as the goals follow the principles of SMART then the dreams should be possible, otherwise they will simply be pipe dreams.

3.  Build it:

Once designed, we will put all the building blocks into place in a timeline. This will form an affordable structure to help you to achieve your goals. We will monitor its progress, providing you with regular updates to help keep the plan on track and adaptable. Circumstances change – hopefully for the good – but whatever way the cards fall, we will be by your side to help.

Plan essentials

Together, we must consider all aspects of your money management throughout the remainder of your working life to ensure we have it all covered. Depending on your objectives, these will doubtless include the following core services:

Each of these services are managed on your behalf by FCA regulated, expert finance professionals. We organise a cyclical wealth management and review a strategy. That process works using 4 steps.
Create Wealth. Grow Wealth. Manage Wealth. Protect Wealth.

Each step is applied to the core services to maintain ongoing momentum of them, with the aim to maximise the potential of each service and to help make sure your money does indeed, work as hard for you, as you worked for it.