As clients approach the point in their lives where they will stop earning an income, they are often concerned about whether they will have enough money to maintain the lifestyle they have become accustomed to without running out of capital. Some may want to give money to children or invest in new ventures, but wonder how much they can risk and still have enough for their own retirement. Classic Private Wealth has developed a system which can give dependable answers to such questions. We model each client’s expected future in detail, incorporating all relevant lifestyle and financial information.

 

This gives us a very good indication of affordable lifelong spending, appropriate investment goals and risk capacity. It also allows us to test alternative scenarios, such as early retirement. Removing unnecessary guesswork is crucial to proper financial planning. It offers great peace of mind to know that one’s spending is within affordable limits and that the investment strategy on which it relies is sound.