‘If you are planning to invest, don’t – first invest in the plan!’ – This is a quote I often recite to many of my clients.
We all know the old saying around ‘failing to plan, plan to fail’. Yet no aspect of human life is this phase more apt than when it comes to financial planning.
Regardless of what stage of your life you are at, whether that be taking the first step on the property ladder or considering your retirement, unless you have a plan, you cannot realistically expect to achieve your goals and tackle any hurdles or curve balls along the way.
And it’s never too late – or too early – to start planning your financial future!
We have just lived through the most tumultuous year of our lifetimes. As a result of the Covid-19 virus and being thrown into numerous lockdowns, we have seen job losses by the thousands, businesses being wiped out and we have suffered a major and sudden global stock market crash.
Fast forward 14 months, we now have a robust vaccine programme and a roadmap to restrictions being removed – there seems to be a light at the very end of what has been a long and dark tunnel. Stock markets have gained strong ground and economies around the world are making headway into a recovery,
Whilst this pandemic has taken well over a year away from us all, time has not stopped. We are another year closer to retirement, another year closer to that next stage in our lives. The property market has boomed through the Stamp Duty Land Tax holiday and we are graciously met with a hefty Covid bill to pay.
Throughout it all, the fundamentals of financially planning have really not changed. It has simply taught us that what we previously thought couldn’t happen, can happen. And it has cemented the fact that we need a plan, we need savings, we need security.
Covid has also reminded us of the importance of long-term commitment when it comes to saving and investing. There will always be short-term fluctuations and there will always be bumps in the road. I think we can all agree that we have not yet seen the end of Covid and more changes are on the horizon.
It is how we react and adapt to these events. Having a flexible and robust plan in place certainly makes it far easier to make financial decisions and you’re more likely to stay on track to meet your goals. But make no mistake, ‘failing to plan, plan to fail’ still rings true.
Plenty of our clients have needed reassurance over the last 15 months, plenty have had questions that needed answering. We have been happy to do both. We have remained visible, offering support to anyone who has asked for it.
We offer free consultations for you to find out more about financial advice and whether it could help you. During the call, we will talk to you about your aims, current financial position and whether you’ll benefit from taking advice.

For more information about the ways that Future Life Wealth Management can help you, please contact us at the earliest opportunity - we're always delighted to help you.