Patrick Norwood

What is cashflow modelling?

It’s the unknown that makes planning for the future difficult. Your life is full of lots of choices that can impact your financial situation. So how can you look all the way ahead to your later life with any kind of certainty?

This is where cashflow modelling comes in. Essentially, it’s a tool used by advisers like me to get an idea of how your financial future could look. I put in lots of data about you and your financial circumstances, and that lets me predict what could happen, and compare different scenarios against each other.

It means we can do things like: see whether you can afford to gift your grandchildren money towards their education, gauge whether your finances will last you into retirement, or understand whether you need to make some changes to achieve your goals.

Let me know if you think cashflow modelling could help you.

I previously worked in the investment and pension industries, at investment management firms, investment consultancies and a ratings agency. More recently I decided I wanted to help people individually with their finances so I retrained as a financial planner.

I realise that for some people financial planning can seem stressful and complicated, while other people may simply not have the time to look after their finances. I also know that financial planning isn’t ‘one size fits all’. My aim is to listen to you, understand your needs and build a long-term relationship based on trust and transparency. I want to help you achieve your financial goals as well as making sure you’re well prepared for any unexpected events that life may throw at you.

I live near Bicester with my wife and daughter. When I’m not working I like to go to the gym, run and ride my bike as well as spend time with my family.