Lifestyle Financial Planning

Providing Clarity To Help You Achieve Your Lifetime Goals

Lifestyle Financial Planning LichfieldThe focus of this service is to help you clarify what is important to be, have and do for you and those who are important to you. Establish what you need to have in place to achieve these things. Then establish if there are any gaps that need addressing and if so putting in place a plan to bridge them.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Tax treatment varies according to individual circumstances and is subject to change.

The Financial Conduct Authority do not regulate estate planning, tax planning and inheritance tax planning.


Will You Run Out Of Money In Retirement?

Lifestyle Financial Planning holds the answer to this and many more questions that our clients often worry about including:

  • Will I run out of money in retirement?
  • When can I afford to make the decision to reduce my hours or to stop working or change careers?
  • If I give money to my children to help them. For example, with their education, getting on the housing ladder, set up in business, with wedding costs. Will I still be able to live comfortably in retirement?
  • What do I need to do to have the lifestyle I want now and in the future including those special holidays and events?
  • What is my estate’s likely inheritance tax bill, are there ways of reducing this?
  • When is the earliest I can retire comfortably?
  • How would I be affected by a stock market crash or two?
  • What if……?
Lifestyle Financial Planning Sutton Coldfield
Example of Lifestyle Financial Planning Projection

Our Lifestyle Planning Service Will Put Your Mind At Rest

Lifestyle Financial Planning is unlike any financial planning you will have done before. We take time to get to know you and understand much more about you than your basic financial position. We have to really understand your hopes and dreams, aspirations and fears.

“I found the Lifestyle Planning fantastic! It put my mind at rest concerning my financial future which is a great comfort! My Adviser, Mark Timmins, was very helpful and friendly and sorted my Pension easily and swiftly. I wouldn’t hesitate to recommend Four Oaks FS to anyone and especially the Lifestyle Planning for those who have any worries about their finances in the future!” Elisabeth Arnold

As professional Financial Advisers it’s our job to help our Lifestyle Financial Planning clients get answers to their questions about their financial future and we do this using our expertise and our state-of-the-art software.

The reality for many of our clients is that they can, and do, achieve so much more with their lives with the help of our Lifestyle Financial Planning service. They achieve more of their ambitions and have a more rewarding life. They live life with less stress and greater peace of mind from having clarity about what is important to them and how they can achieve a happy and fulfilled life. Contact us to find out more.

Benefits Of Our Lifestyle Financial Planning Software

Our software enables your Financial Adviser to show you in a visual representation (see projection above), your overall income needs, including your current and future needs and if you are likely to have a shortfall or surplus in your retirement.

Using our Lifestyle Financial Planning software your Financial Adviser, who provides financial advice local to Lichfield, will look at tax efficiency, inheritance tax planning and help you plan in detail for everything from new cars, to moving home, to children’s university fees and weddings. Your Adviser will also recommend you have funds in reserve for things that crop up unexpectedly. All of this will be shown as easy to read projections.

As a Lifestyle Financial Planning client you will have regular reviews with your Financial Adviser, because things will change. These review meetings will ensure that your financial projections remain as accurate and relevant as possible.

The software can be updated at your review meeting in real-time to show the impact of for example, taking early retirement. This software is fundamentally different and much more useful that the static projections you usually get from your pensions and other investments providers. Plus, you get to see the performance of all of your pensions and investments in one place, and we can even allow for the ups and downs of the stock-market.

Lifestyle Financial Planning Is Not Just About Retirement!

We believe that the purpose of your money is to achieve your life ambitions and money is just a means to an end. We also believe that the clarity of purpose our Lifestyle Financial Planning service will bring to your financial planning, will show you whether your lifegoals are achievable, or how you can prioritise and plan to fund what is really important.

“I found the discussions very interesting and the lifestyle planning tool has already made me think harder about what I would like to achieve in future. I am starting to see that the client-advisor relationship is so much more than just the practicalities of pension planning and reaches far further into all aspects of life. As I said, I am feeling much more positive about money in general following our visit and I look forward to seeing what happens next with the steps we discussed.” Shelagh Mitson

Although Lifestyle Financial Planning is not just about retirement, the best part of our job is the moment when our clients discover they can retire! Believe it or not, all too often we find that many people accumulate more wealth than they need and have spent years unnecessarily worrying about whether they have enough money, and working longer than necessary. Contact us to discover your true financial position.

Lifestyle Financial Planning Lichfield
Graph Showing Likely Expenses Before And During Retirement

Lifestyle Financial Planning And The Role Of Your Financial Adviser

Once your Financial Adviser, who provides financial advice local to Sutton Coldfield and across the region, has gotten to know you, your financial circumstances and what you want to achieve throughout your life, they will recommend an appropriate financial planning strategy.

When you have agreed your financial plan the information will be used to update our Lifestyle Financial Planning software and you will be able to see a visual representation of your plan.

At regular review meetings your Financial Adviser will show you the impact of changes to your circumstances and objectives such as changes to your income, expenditure, assets and liabilities including your tax position. You will also be able to see the impact of updates to tax rules and changes relating to markets and legislation. Contact us to make an appointment.

Four Oaks Financial Services provides financial advice in Lichfield and across Staffordshire on all aspects of financial planning.