Once your financial plan is up and running regular catch ups are essential. Your life and the world are always on the move and attention must be given to what is (and is not) going on.
Here is an idea of how our catch ups will go:
- We listen to what is new with you, what is on your mind, what is mattering more or less to you.
- We talk about what has changed “out there”.
- We discuss what we can do to address any challenges and opportunities.
- We review your cash flow forecasts that track and project your long-term financial outcomes.
- And we discuss upcoming planned events including moving house, pensions becoming payable, work on the house, big holidays, changing the car, helping the kids etc. – all the things that really matter to you.
- We chat about what more might be possible and where changes could be made and what else might be on the horizon – health, work, relationships and family.
- We keep on top of the housekeeping - are your bases covered? Is there sufficient cash available? Are your charges and fees where they should be? Are allowances being used wherever possible? Are contingencies covered?
And here are a few things we will not be doing:
- Obsessing over investment performance, especially short-term performance. Your graphs take that into account and should give confidence that short term investment malaise will not turn into a long-term issue.
- Guessing which way investment markets are headed and acting on those guesses. Crystal ball gazing is a quick way to poverty.
- Speculating on so called investments like crypto, gold, wine and whisky which simply rely on the greater fool theory – you make nothing unless you can find someone to buy it from you.
- Taking all measures possible to avoid paying tax. It often leads to an impoverished life, be as tax efficient as possible is a yes, avoid tax at all costs is a no.
- Reducing your access to ready cash, indulging in complex schemes or anything with even a whiff of opaque.
And so our regular catch ups are forward looking and positive to help you get the most out of your life while you can. To do the things you really want and to help those you care about most. Using the tried, tested and successful approach we have always used.
Our catch-ups are about more than money - they’re about what matters most to you.
Our regular catch ups aren’t about chasing markets - they’re about helping you live the life you really want.