Prepare for your financial future in the best way possible with cashflow modelling and the support of an expert financial adviser.
Forecast your financial future with cashflow modelling
What are the benefits of cashflow modelling?
One of the main benefits of using cashflow models when planning for your financial future is getting a clear picture of your financial circumstances and being able to see how your income and expenditures will change over time.
It can help you answer tough questions, such as ‘Do I have enough money to retire?’ or ‘Will my family be financially secure if I go into care?’ And allow you to plan for it.
Other benefits of using cashflow modelling are;
Peace of mind
Knowing that you are already in a good position to live the life you want, or having a plan to get there, is one less thing you have to worry about
Identifying financial goals
By discussing with your adviser what is important to you in the future, like retirement lifestyle, having an annual holiday, buying a holiday home or gifting to your family, you can see what’s achievable.
Identifying surplus money or gaps
Once your current income and goals have been added to the model, you may have surplus money available to utilise or where there might be gaps so that adjustments can be made in advance
Plan for potential challenges
Advisers can stress test the outcomes by changing potential inflation and/or interest rate increases and include at least one or two market corrections/crashes that could impact your investments’ performance; this will show the impact and ensure you are able to meet your financial goals
Being able to see what your financial future looks like on a graph and see the impact certain changes make, is a lot easier to digest and understand, giving you more confidence in your financial future
Optimise your financial future with Ascot Lloyd
Plan, track and achieve your goals with our financial planning services. Get in touch with our team of experts today.