Financial Planning

What is Retirement Planning


Retirement Planning should be done as part of an overall Financial Planning process that will  help you clearly articulate your financial goals, then prioritise them and show you ways that you can achieve them.  Financial goals need to be clearly defined with the most common being, protecting your family income in the event of death or illness, funding 3rd level education for your children, buying a larger home, retirement and passing on assets to the next generation.

Having a Financial Plan will help you achieve your goals. It can give you peace of mind knowing what the future holds and what actions you need to take to secure your family income.


Our Financial Planning Process


The first meeting will give you an opportunity to decide whether you want to work with us or not. It is designed to give you an overview of the financial planning process and let you know the next steps that you need to take to achieve financial independence.




If you decide to proceed we will look for details of your current financial position for the next meeting. This will require you to put together a list of all your income and expenditure along with any life insurance or retirement policies you hold. Between the first and second meeting it’s important to think about any financial goals you have, when you want to retire along with the type of retirement you want. Do you want to travel the world, buy a holiday home or simply live a modest life in a mortgage free home. There is no right or wrong answer. For more information download “Rewire don’t retire”


Cashflow Model


A good financial plan will help your better allocate your resources now in order to meet your future financial goals. For the next stage we will produce a cashflow model which will project your finances into the future. This will be based a number of assumptions like expected salary growth, inflation , investment growth etc.We will also model certain events that could effect your plans. For Example, if you were unable to work due to illness or disability or how your family would survive in the event of your premature death.


Implementing the Plan


At the end of the financial planning process you will be left with a comprehensive report which we will present to you. The report will come with a number of recommendations for you to consider in your own time. If you decide to proceed with some or all of the recommendations we can proceed with implementing the plan.


Keeping the Plan on Track


Financial Planning is an ongoing process which needs to be reviewed as your circumstances change for the better or for worse. Even if everything stays in line with our assumptions there might be changes introduced in the annual finance act that will have an impact on your plans. We are committed to helping you reach your financial goals which is why we suggest an annual review or your Financial Plan.