Financial Planning

Financial Planning

by wbb

A working lifetime is spent building your wealth. Maintaining the standard of life that you have become accustomed through your later years requires intelligent financial planning. People are living for longer and the cost of healthcare is rising, so you need to start thinking about the challenges your wealth will face as soon as possible.

In order to be fully prepared, we at Tokai National Partners believe that it is vital to have a comprehensive understanding of your personal wealth circumstances and how it will develop into the future. This is what we mean when we talk about financial planning.

Tokai National Partners, there are three stages to our financial planning:

  1. Evaluating your assets – we undertake a comprehensive evaluation of your personal wealth circumstances, how it is likely to develop into the future, what external forces will act upon it (such as inflation, alimony etc.), and how it is broken down by asset class (cash, real estate, bonds, equities etc.)
  2. Evaluating your needs – we gain an understanding of your financial objectives, whether you want education trust funds established, what income you will require in retirement, tax implications and much more.
  3. Developing a plan – we decide on a strategy on how it is we are going to achieve all of your goals.