Many of us have been told to think about our goals and hopes for the future since a young age (think questions like “what do you want to be when you grow up?” or “what do you want to do after your A-levels?”); the concept of looking ahead is instilled in us. However, this isn’t always the case when it comes to our personal finances. While it is one thing to be sensible with savings, it is another entirely to adopt a proactive approach when it comes to planning for the future.
Our new bespoke cash flow planning service, aims to reduce the stress of looking ahead by taking your life goals and providing the steps to get you there.
How cash flow planning can help you
Your Financial RoadMap, does exactly what the name suggests; uses forecasting models to map out a plan for you to achieve your financial dreams.
Brunsdon Financial have developed a variety of planning tools in order to bring this service in-house and widen the offering to more of our clients. The models are able to look at a range of risk scenarios to show different levels of return using information provided by you on your assets and income, working most effectively with full transparency.
Following the analysis, actions can be set up to achieve personal life goals.
Why forecasting works
Money, while not the be all and end all, is important and analysing your cash flow can help you to get the best out of your savings. The service doesn’t just look at where you are now, but really works with you to take you where you want to be in life.
One example of this may be someone looking ahead to retirement and wanting to maintain the same standard of living. With our in-house modelling tools, it is possible not only to forecast for this, but to also incorporate in-built protection of your investments, should the markets become shocked or unforeseen circumstances occur. It is also possible to factor in other sources of income that may be relevant later on.
With all of life’s unexpected curveballs, it makes sense to be prepared. Your Financial RoadMap offers that extra level of depth when it comes to your plans, so that you’ll not only be in a secure place today, but you can take the steps to make your financial dreams a reality.