The Lifecycle Track
The Lifecycle Track is our structured programme that breaks down the planning process into clear steps. It’s a framework for working together to explore where you are in life, your values around money, what you’re up against and what you want – before we start looking at the pounds and pence.
Where are you now?
Our financial planning process is tailored to help set you up for the future you want, whatever stage of life you’re in.
The very first step is identifying where you are now and how close you think you are to retiring. This will make a difference to your needs and ultimately how we approach your financial planning.
While everyone’s different, we’ve identified some common themes in three different life stages:
• Savers
• Momentum builders
• Spenders
As you move through the stages of your life, you’ll also move through the stages of the Lifecycle Track.
SAVERS
ABOUT YOU:
You’re established in your working life – most likely in your 40s or 50s, but possibly younger
You may have dependent children
You’ve accumulated some pension and/or savings
You still have a significant mortgage
It’s important to you to save for the future
You’ve considered investing or financial planning but are unsure where or how to start
YOUR NEEDS:
Protect future earnings potential
Build wealth and maximise savings
Balance living for today with saving for tomorrow
MOMENTUM BUILDERS
ABOUT YOU:
You’re thinking more about retirement and hoping to make it happen in the next 10-15 years
You have a reasonable sum of pensions, savings and investments
You may have adult, non-dependent children
There is little or no mortgage left to pay
You want to save for the future and plan a retirement you can look forward to
YOUR NEEDS:
Build wealth while still earning
Protect the wealth you’ve built
Answers to big retirement questions as it draws nearer
SPENDERS
ABOUT YOU:
You’re at, or now in retirement
You’ve built up significant pensions and other savings and investments over the years
You’re thinking about your legacy
You’re committed to long-term planning to make the most of retirement
YOUR NEEDS
Ensure the money you’ve worked hard for now works hard for you
Peace of mind that you’ll be ok over the long term
Legacy planning and inheritance tax options
Minimise income tax liability on pension income
Your Financial Masterplan
Our job is to help you understand where you are now, how you got here, where you want to go and what you need to get there. With your own Financial Masterplan, you’ll have the confidence to know you’re heading in the right direction. That leaves you free to enjoy the journey along the way.
Give us a call or send us an email to find out more about the Lifecycle Track and get started with living your best life financially.