‘What if’ scenarios

It is important to have realistic expectations of what your financial resources can achieve, to give you peace of mind that you can achieve what you want, when you want, without putting your future plans at risk. Key to this is understanding how each financial decision can affect other areas of your financial plans.

Need to visualise

You also that if there are any future bumps in the road on your journey, you have considered different ‘what if’ scenarios and have taken the right approach to protecting yourself and your family against the consequences.

Regular reviews of your personal plans and financial circumstances will also help you to adapt to your life changes and make you feel more financially secure and independent.

Lifestyle

Your financial plan should start with you – your hopes, fears, goals and vision for the future, incorporating both your current lifestyle and your desired lifestyle.

Return

Once you have a better understanding of your goals and what you want to achieve, together we can determine the required investment return in order to achieve your lifestyle goals.

Asset allocation

Your required investment return will determine the asset allocation of your investment strategy, taking the associated investment risks into account.

Risk

It is important to look at a risk holistically in the context of what you are trying to achieve, including how realistic your lifestyle goals are based on your financial circumstances and what it is that you are trying to achieve. It is important to understand your risk profile in detail. This is not limited to investment risk, but also includes inflation risk and behavioural risk.

• Lifestyle
• Return
• Asset Allocation
• Risk