Financial Planning

Just weeks ago the guys over at The FM Report asked us for a little advice to help those who have for whatever reason failed to tackle their financials until later in life. We were pleased by this request and delighted to provide our input. Our senior financial advisor, Jo Ryan, put pen to paper to provide this great piece published on The FM Report’s website. Simply titled “5 things to financially plan at 50“, Jo offers practical, sound advice to anyone who has neglected this side of their life. Jo covers the need to:

  1. Seek trustworthy financial advice
  2. Get your goals in order
  3. Consider your pensions, savings and investments
  4. Assess future protection
  5. Plan your estate

But before you read on with dread and think ‘that’s me” let us reassure you that you are not alone. Very often, with the best will in the world, life gets in the way and long term planning is neglected for short term immediate needs. And it’s more common than you might think. In fact, a 2019 study reported in the Examiner claimed that almost half of Irish adults surveyed did not have a private pension, which for most is approximately 50% of a total financial plan.

If you’re approaching your 5th decade without a financial plan for your future, rest assured we can help. As you can see from The FM Report the best place to start financial planning is to seek advice from an experienced financial advisor who will look at you and your individual circumstances. With that in mind, please feel free to get in touch and remember, a chat costs nothing!

 

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