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Cashflow Modelling

Cashflow Modelling is one of the most useful aspects of our financial planning process.

This technology can assist us in guiding you towards your goals by providing you with a roadmap towards achieving your aims and objectives, helping us work out whether you are likely to achieve your goals or whether any action is needed to keep you on track.

We can help illustrate the effects that certain events might have on your plans and in turn this shows us whether you may need to have a "Plan B" in place, for example by taking out suitable insurance cover or by increasing the level of your "emergency fund."

Our analyses are updated as part of your regular financial reviews and we can track progress towards your goals as well as altering to account for any changes to your circumstances or different assumptions to be made about the future, for example the effects of inflation, pay rises or the growth of your investments.

We can easily demonstrate the potential impact of life-changing events, which our clients find eye-opening and exceptionally helpful in identifying and addressing their financial planning needs.

For example:

• What would be the impact of you or your spouse dying early?

• Could you keep up mortgage, childcare costs or school fees should you be seriously ill or injured?

• What would be the impact of you losing your job or having to take a pay cut?

• How much do you need to save now to allow your children to go to University?

Cashflow modelling is aimed at those who wish to become and remain financially well organised, determine and realise their goals, create a lifetime plan for their money, whatever happens and control their tax liabilities.

Working together, cashflow modeling helps us to:

• Produce a clear and detailed breakdown of current financial arrangements.

• Define future goals and monitor progress towards them.

• Work towards achieving and maintaining financial independence.

• Ensure adequate provision is made for the consequences of death or illness

• Minimise or avoid tax liabilities.

• Analyse spending, balancing income with their essential and discretionary spending.

• Estimate future cash flow on realistic assumptions, which are updated as time goes on.

• Develop suitable investment strategies for capital and surplus income, balancing risk, reward, flexibility and access.

• Highlight and discuss the tax issues that are likely to arise on death.

Cashflow modelling is vital if financial goals are to be achieved. It is important to be as detailed as possible. It is of limited benefit to have a goal of "Retiring comfortably." We work with you to help you quantify how much income you may actually need, and then to build a plan with the goal of achieving it.

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Independent Advisers (Scotland) Ltd
Independent Advisers (Scotland) Limited is registered in Scotland
Registration No. SC252740

Registered office: 81 St Vincent Street 2nd Floor, Glasgow, G2 5TF
Tel: 0141 221 4442
Email: enquiries@iascotland.com

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