How much money do you really need for the rest of your life? The fact is the majority of people have no idea where they are heading financially. They may have assets, investments, and/or high levels of income, but most people have no idea what it all means, or what sort of financial future awaits them.

On the one hand they don’t want to retire too early, only to discover that their money runs out. On the other hand they don’t want to retire too late and end up working when they could have been playing! Then again, because of taxes due on death, they don’t want to die with too much money…. But they’re afraid to spend it or give it away!

What we all need to know is: “how much money do I really need for the rest of my life?”

Having an insight into how much money you actually need can be enlightening. It can put you in control. Knowing how much is enough will give you the freedom to live your life smarter. After all, life is not a rehearsal; it needs to be lived to the full.

The NUMBER is the amount of money you need for the rest of your life – not just to survive but to live it to the full. It’s different for each of us, of course. So what’s your personal NUMBER?

Cash flow modelling helps you answer this difficult question and is the very heart of financial planning. It takes all the detailed assumptions for what you earn, spend, own, and owe now and in the future, including your short and long terms goals and dreams, and shows you in a simple chart whether you're on track or not, no matter what happens. It projects different outcomes when the assumptions are tweaked.

If you’re interested in finding out how much is enough for you and your family’s future, but you don’t know where to start then click here and sign up to our new modelling tool ‘Truth About Money’. You’ll be able to enter details on your current financial position and see whether you’ll have too little, too much or just enough money.

May 2022