Nevil Hope

Spend wisely and save smartly

June can be one of the best months of the year with summer well and truly on the way. But with all those holidays, weddings, anniversaries, and other spending, it can also be one of the most expensive too.

While you should be focusing on the present, it’s also important to be aware of how major outlays now can have a significant impact on your financial security in later life. A cashflow model can give you a clear picture of the consequences your spending and saving can have on your future.

It’s also good to know about the ways you can use your tax-free allowances wisely on certain expenditures. For example, your gifting allowances can let you pass on up to £3,000 a year to your loved ones without it being added to the value of your estate.*

Together, we can make a plan to help you live your life to the full now, while still having the retirement you want later on.

Click on the contact me today button at the top of my profile to discuss how I can help you.

*Source: HMRC 

• Family and business protection - I support clients in understanding the key personal and business risks they could face, and offer solutions for those they do not want to rely on covering themselves.
• Retirement/business exit planning - I help clients review their plans, aims, goals, and timelines to determine how to achieve financial independence, and then maintain their savings in retirement through regular review and personal portfolio planning.
• Estate planning - I work with clients to assess any wills and trusts in place, life policies, health plans, and long-term care insurances, before reviewing and measuring them against the clients' survivor and distribution objectives.
• Auto enrolment - I help clients understand their obligations to deliver an effective, compliant, manageable, and understandable benefit to their employees while allowing them to focus on running their business.

The Financial Conduct Authority does not regulate auto-enrolment and exit planning.