Financial Planning

Financial planning is a process that helps individuals achieve their financial goals and secure their financial future. It involves discussing your aspirations, income and expenditures, liabilities, and plans for the future with a financial advisor with a view to receiving recommendations that best suit your needs.

• Cash flow models can help estimate retirement income needs and assess the potential risks and opportunities of a financial plan. Personalised financial plannings services are tailored to meet the unique financial needs and goals of each client, including retirement income, inheritance tax planning, and portfolio diversification.

At Advice Rooms, personalised financial plans are created to help clients achieve their goals, including maximising the potential of their personal wealth and improving the quality of their retirement.

Areas to consider when speaking to a financial advisor include:

• Family protection
• Life insurance
• Retirement targets and projections
• Drawdown capabilities
• IHT planning
• Estate planning

Once a financial advisor has a clear picture of your circumstances, they will undertake a full analysis of the information and provide recommendations that are most suitable for your circumstance. Cash flow models are always included as an essential tool for planning retirement income needs and determining whether current savings and investment strategies are on track to meet your goals. By using retirement cash flow models, we can gain a better understanding of the potential risks and opportunities in your retirement plan and make informed decisions about how to allocate your resources.

Download our guide and speak to one of our advisers to help you understand your options.