A financial planning review is a great way of maximising your finances and keeping your life goals on track.
We all have things we want to achieve in life; retiring to the seaside, buying a holiday home abroad and providing a nest egg for our loved ones, are all common goals. The question, of course, is how will we achieve them?
A financial planning review with an experienced financial planner will examine all aspects of your financial life to get a clear understanding of your current financial situation, short-term needs, attitude to risk and long-term goals. They will also look at what you are currently spending on things like your mortgage, insurance policies and pension servicing fees, to see if they can recommend a better solution.
The review will include:
The planning process will look at your life goals and calculate the financial pot you will require to achieve them. The adviser will then use your financial information to construct a plan to achieve these life goals, complete with key milestones to be achieved.
An experienced financial planner plays an important part in delivering a detailed review and effective financial plan. Utilising expertise of budgeting, saving, trusts, taxes, insurance, investments and retirement planning they take a big picture view of your financial situation and consider all options.
Precision Financial offer a free initial financial planning review with no obligation to follow our advice. If you decide to work with us all costs will be clearly identified. Of course life can take unexpected turns, so we recommend a yearly financial planning review; your financial adviser will always be on hand to alter the plan, identify new opportunities and keep your goals on track.