The importance of having a Lifetime Cash Flow Plan

Date Published: 14/05/2021 09:30

Our director of operations, Keeley Woodcock, discusses the importance of having a Lifetime Cash Flow Plan... 

George Horace Lorimer, American journalist, author and publisher, once said: “It’s good to have money and the things that money can buy, but it’s good too, to make sure you haven’t lost the things that money can’t buy.”

It is important to create a balance in life and the cornerstone to this is knowing how to achieve your financial goals. With every financial corner you may turn it’s important to ‘crunch the numbers’, which will help you make the right financial decisions.

At Future Life Wealth Management Limited we understand that cash flow planning is vital if financial goals are to be met.

It’s important to be specific; for example, insufficient to say: “I want to have enough to retire comfortably”, we encourage our clients to think realistically about how much they will need.

The more specific you are, the easier it will be to come up with a plan to achieve your objectives and goals.

As we all know reaching financial goals will not simply happen on its own; it will require careful and specialist planning.

The great news is that with our cash flow modelling tool, meeting your financial goals and objectives can be stress-free.

Our lifetime cash flow modelling is aimed at individuals who wish to:

  • Become and continue to remain financially well organised
    • Determine lifetime goals and your future expectations
    • Create a lifetime cash flow plan to understand your financial future
    • Plan and manage tax liabilities

Our lifetime cash flow plan will enable you to:

  • Create a clear and detailed summary of your financial arrangements
    • Define your family’s version of the ‘good life’ and plan on working towards it
    • Helping you to achieve and maintain financial independence
    • Ensure adequate provision is made for the financial consequences of the death or
    disablement of yourself or your partner
    • Plan to minimise your tax liabilities
    • Produce an analysis of your personal expenditure planning assumptions, balancing your cash inflows and your desired cash outflows
    • Estimate future cashflow on realistic assumptions.
    • Develop an investment strategy for your capital and surplus income in accordance
    with risk/reward, flexibility and accessibility standards with which you are
    comfortable
    • Become aware of the tax consequences that are likely to arise on the death of yourself and/or your partner.

Cash flow modelling is just one of the financial planning tools and services we provide here at Future Life Wealth Management Limited.

To find out further information, please contact us and we will be more than happy to help.

Contact Us

Future Life Wealth
Management Limited,
Future House,
54 Ravenshorn Way,
Renishaw, Sheffield S21 3WY

+44 (0) 1246 435 996
info@wealthmanagement.uk.com

Opening Hours
Monday - Friday 8.30am - 5.00pm

Legal Information

Future Life Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority
The Financial Conduct Authority does not regulate taxation & trust advice
We are entered on the The Financial Conduct Register No 509960 at www.fca.org.uk/register
The Financial Ombudsman service can be found at www.financial-ombudsman.org.uk
Registered in England No. 07036892 Reg. Address: Future House, 54 Ravenshorn Way, Renishaw, Sheffield S21 3WY
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
The value of your investment can go down as well as up and you may not get back the full amount invested.
Your home is at risk if you do not keep up with your mortgage repayments.
Equity release is a lifetime mortgage or home reversion plan.  To understand the features and risks please ask for a personalised illustration. 
We do not offer advice in relation to home reversion plans.
The tax observations contained in this website are made in good faith and are based on our understanding of current Revenue and Customs regulations. We cannot accept any responsibility for any future regulation that may retrospectively happen.