With so many political and economic uncertainties currently affecting all of us, the importance of planning ahead financially has never been more relevant.
The UK will have to continue paying for the costs of bailing out the 2008 financial crisis for years to come. This will put pressure on family finances and financial plans as current and future governments work out how they want to balance the books – often leading to cuts in benefits we thought were sacrosanct.
Add to that the costs of Brexit and the effects of Donald Trump’s policies, and it’s clear we all need to make sure we’re financially prepared for future challenges.
However, the future is always uncertain – so in a way, nothing’s changed. No matter how carefully you prepare, unexpected things will happen. Some of those events will be predictable or within your control. Others won’t.
Planning your financial future
Whatever the political or economic situation, it’s always important to plan ahead: to consider how you’ll deal with changes to your family situation, your finances or your health. Specialist support can help you prepare for most eventualities, and give you the ability and confidence to deal with the unexpected.
Over the course of the next couple of days, there will be a number of thought provoking articles published to mark World Investor Week and World Financial Planning Day. They will cover some of the big issues likely to affect your plans, helping you to consider and work towards your long-term financial goals as you think about retirement, your family’s future welfare and even the future of the planet.
We hope it offers stimulating scenarios and ideas that may resonate with you; some may even inspire you to reappraise or rethink your current financial plans, for an enjoyable, prosperous and fulfilling later life.
If you’d like to find out more, please do not hesitate to get in touch.
Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested.
The information provided is not to be treated as specific advice. It has no regard for the specific investment objectives, financial situation or needs of any specific person or entity.