- At this stage we analyse the cost of your current and future lifestyle requirements allowing for all of the things you want to do/achieve in your lifetime.
We achieve this by using a confidential expenditure questionnaire which analyses your assets and liabilities and your current and future inflows/outflows. We then create your own detailed ‘Financial Bucket’ which gives you a visual overview of your financial situation.
- By the end of this stage you will have answered a hugely important question ‘What is your number’. ‘Your number’ is the amount of money that you need to accumulate to live the lifestyle you want to live. Your whole financial plan is based around this number.
- With the use of our future financial planning software technology, we input the information gathered in stage 2. This allows us to look into your future life as it presently stands. We then use various ‘what if’ scenarios to help you calculate the cost of all of your future life changing events that you think you will encounter. We then generate a comprehensive report for you detailing your current financial situation and the direction in which your future finance will take.