Dave, 46, is a high-level senior executive at a large Multi-National firm. Living in the South, he found us on LinkedIn and was intrigued by our "Work to Live" philosophy. He and his wife, Sarah, decided to see how we could help them achieve their financial goals.
We started with an in-depth meeting to understand Dave and Sarah's priorities. Using our cashflow modelling software, we created a financial life plan tailored to their needs. We explored various scenarios, from a basic plan to more aggressive investment strategies. Since Dave's pension contributions were capped, we focused on building wealth through ISAs and investment accounts funded by encashing vested RSUs. They also decided to pay down their mortgage due to rising interest rates and planned for tax efficiency with their Buy to Let property.
In addition to this we protected his income from being unable to work due to accident or sickness, which included covering the RSUs portion of his total renumeration.
Dave and Sarah now have a clear roadmap to make work optional by 60. They have a solid investment strategy and make regular contributions to their accounts. Originally, their projected assets at 60 were around £1 million; with increased contributions, this is now projected to be over £2.5 million. Rather than just living richly they are also securing their financial future and taking advantage of Dave's successful career,
The plan will also ensure they are able to enjoy life, with increased spending on holidays and other lifestyle improvements.
We continue to meet regularly, reviewing and adjusting their plan to stay on track. Dave and Sarah now have peace of mind, knowing they have a financial sounding board and a clear vision for their future.
