The Importance of having a Financial Review

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“I wish I had put more into my Pension Plan but now that I have reached retirement age it is too late.”
“I feel sorry for the family of the late Mary who died suddenly. Unfortunately, they are left with very little money and substantial debt.”
“John is confined to home and can’t work because of his long term illness and all he and his family have to live on is the State Disability Benefit of €193 per week.”

Have you come across any of these situations or have you ever thought that something of a similar nature could happen to you? If nothing else, consideration of the potential for such circumstances suggests that it is well worth carrying out regular reviews of your financial and personal circumstances in order that you seek the required answers. As part of your need to carry out a review it is also important to seek good advice from a Qualified Financial Adviser.

Why the need for ongoing advice?

As each of us progress through life our circumstances and indeed our priorities change. The changing cycles are often referred to as “THE SEVEN AGES”.
1st Age Minority
2nd Age 18 to Marriage
3rd Age Married, no children
4th Age Married with young children
5th Age Married with older children
6th Age Pre-Retirement
7th Age Retirement

As you can imagine your financial priorities change along the journey and encompass such things as:

  • Deposit for 1st Home
  • Education costs
  • Family Protection in the event of the death of either spouse
  • Long term planning in the event of illness or injury
  • Starting a Pension
  • Making a Will
  • Moving Home
  • Reviewing Pensions and Investments
  • Tax Planning
  • Retirement – Phew, got there thanks to good advice and good planningAs with all good plans the sooner you start the better coupled with regular reviews along the way. Why not call to get the ball rolling.

As with all good plans the sooner you start the better coupled with regular reviews along the way. Why not call to get the ball rolling.

To find out more about our service, contact us today on 091-394187, email info@ffsl.ie or book an appointment through our Contact Page.

Fahey Financial Solutions Ltd is regulated by the Central Bank of Ireland.

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