Financial Life Planning

Life planning helps to identify and achieve those goals that can bring meaning and happiness to our lives.

Financial planning will tend to focus on monetary goals, calculations and assumptions that can be used to identify the best way forward.

Blend the two together and Financial Life Planning seeks to create the financial options in life that can bring about a sense of wellbeing.

Visualise your lifetime goals and see the magic of cashflow modelling. Find out what action you need to take, if any, to achieve financial freedom.

Step 1

Begin with a free, 30 minute virtual meeting to find out more about GroWiser Financial Coaching and whether it would be a good option for you. Learn more about how coaching differs to advice and what you could gain from the experience.

Step 2

If you decide to continue, the next step is a longer meeting to discover what’s important in your life and really pinpoint exactly what we should work on. This 90 minute ‘Discovery Meeting’ is also at no cost to you, although you will be asked to do a little preparation beforehand. Once you feel comfortable that we can work together in more depth, you can decide how you’d like to proceed.

If financial life planning is the best way forward, we will begin to create a detailed overview of your current financial situation – then visually compare it to the lifestyle you want for you and your loved ones. You will soon have a good idea of how much money you need to live a fulfilling life and to achieve financial wellbeing.

Step 3

You will have a bit of work to do yourself next. We’ll build a detailed summary of your income, expenditure, assets and liabilities. Once complete, all the numbers will be crunched and we’ll identify whether you have a surplus or a shortfall over your expected lifetime. Or you might even be among the few people to have just the right amount!

This will likely involve a series of three 90 minute meetings where we review, adjust and finalise your financial plan. This will provide you with a visual representation of your financial future, together with a summary of your agreed actions to make it happen.

This could mean an adjustment to retirement expectations, actions to reduce spending, better use of your income and savings. Sometimes it can even involve spending more now to make the most of life whilst you’re fit enough to enjoy it!

The cost of financial life planning will vary, depending on the complexity of your situation, but expect to pay:

Financial Life Plan
for individuals
£600 – 750
Financial Life Plan
for couples
£750 – 900

Lifetime Cashflow Modelling

A combination of deep, reflective thinking about your life purpose and values, combined with detailed analysis of your finances can be a transformational experience.

Financial Coaching will guide your through this process and provide you with an inspiring plan to make the most of your time on this planet. Life is not a rehearsal – we just get the one chance to make it count.

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