Investments: Your Goals, Our Advice
At Livingstone Financial Services Ltd we understand that your financial goals are unique and personal, they drive your financial behaviour and decision-making. With our goal-based Financial Planning approach, we can help you identify what really matters, prioritise and plan for your financial future. As a Financial Broker we can shop around for the most suitable product for your financial needs, a “one stop shop”. Please get in touch today to find out more.
Why Save for a Personal Goal?
- To secure a comfortable future for you and your family
- To save for big purchases such as a car or a house deposit
- To help your money grow and outperform inflation.
- To take advantage of the compounding effect of returns over time
Issues to consider
- Have you prepared a budget and how much can you afford?
- Can you save/invest regularly, or do you have a once-off lump sum?
- Do you understand the different options available to you?
- What guidance do you need to choose the right savings and investments solution for you?
- What kind of return are you looking for, and what level of risk are you willing to take on your capital investment?
- How long do you want to save and invest for?
We will advise you on the most appropriate solutions to match your savings and investment objectives and time horizon.
We all want the best for our children and to give them access to quality education is very important. Are you able to save?
We will advise you on the most appropriate solutions to match your savings and investment goals and time horizon.
Generally speaking people spend a large proportion of their deposable income on debt repayments, meaning that it can be hard to save for emergencies or save for a ‘rainy day’. Ideally you will need an emergency fund to cover your monthly expenses or savings to the equivalent of 3 to 6 months’ salary.
Why save for an emergency?
- To continue servicing your debt and avoid legal consequences that might impact your family should you lose your income generating ability
- To avoid over indebtedness and reduce additional debt exposure
- To provide your family with security in times of emergencies
We will advise you on the most appropriate solutions to match your savings and investment goals and time horizon.
Why save for Retirement?
- To maintain your desired standard of living
- To plan for unforeseen expenses once you have retired
- To reduce reliance on your family or state pension.
- Accumulate a pension pot tax free
Issues to Consider
- How much do you need to save to be able to retire comfortably?
- Should you save for retirement in your company pension, PRSA or personal pension plan.
- How do you protect your retirement savings from volatile markets?
- Annuity v ARF which is suitable for you.
We will advise you on the most appropriate solutions to match your pension goals and time horizon.