Our Framework
Our 7-step Early Retirement framework may be the solution for bringing that goal to fruition.
If like us, you believe you can afford to work less, then you probably should!
Here we have set out the steps of our advised-approach to your financial planning and wealth accumulation.
Our Approach
The partnership between client and financial planner is usually life-long and as is the case for all successful partnerships, it’s two-way. That is, each respects and trusts the other, willingly working together to achieve agreed goals.
Our implementation approach will take us through five important steps that will help us to get to know whether (or not) we are suited as financial partners working towards achieving agreed financial goals that will enable you to live life your way.
Pre-Discovering Meeting
We need to work out where you are and where you are headed. Our first meeting discusses your priorities, values, attitude to money, goals and timeframes for achieving them. Importantly, we’ll both determine whether we are a good fit. If so, we’ll move on to the next step.
Discovery Meeting & Proposal Acceptance
Our next discussion will focus on debt, investing, risk tolerance, personal insurance, retirement and the legacy you may wish to leave. The intent of this discussion is to provide financial insight and information that may help you to understand your options and make informed decisions, while assisting us to better understand you, your needs and your preferences.
Strategy Meeting
The prior two meetings have provided the background we need to develop a financial plan that’s right for you, that outlines the benefits and indicates your financial destination.
Advice Presentation
Having discussed, then finetuned your financial strategy, our advice presentation outlines our recommendations and proposed financial strategies as appropriate for your circumstances.
Implementation & Future Strategy Reviews
On your formal approval of our recommendations, we will implement your financial strategies. Thereafter we will measure your financial progress against your SMART wealth objectives and track the cumulative change in your net wealth. We schedule 6 monthly strategy meetings to regularly to keep your up to date, revisit your objectives and, make amendments when your life changes.
Steps for our advised approach
- We analyse your current cashflow and tax to identify what’s available for wealth creation.
- We evolve your goals into clear, concise SMART wealth objectives .
- We carefully select appropriate financial strategies to craft a course that effectively uses your financial resources. We forecast this course of action to demonstrate how it contributes to achieving your long-term objectives.
- We analyse your total combined asset allocation and align it to your individual risk capacity, profile and circumstances. This is compared against your required rate of return. We implement cost-effective platforms and investments combined with independent research, regular rebalancing and switching.
- We efficiently structure your assets in the optimal location for the long term (own name, super, trust, pension, bond).
- Establishing dynamic withdrawal strategies to enjoy your wealth.
- Financial coaching – influencing you to stay financially disciplined and execute the agreed strategy.