What is Cashflow Planning?
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Cashflow forecasting, or modelling, can be a key tool in the financial planning process to help you understand and visualise your future financial needs and requirements.
Complementing the knowledge you receive from your adviser, cashflow forecasting enables you to forecast your financial position year by year, combining a number of factors such as expenditure, inflation, investment returns and tax rates.
Most importantly, it visually helps to bring your money to life, helping to manage your assets, future goals and attitude to investment risk.
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