Coaching

Coaching

Opening Questions For You

What is important to you in your life?


What does your life need to contain for you to consider that you are leading a fulfilling one?


Who is it that you really want to be?


What do you wish to achieve?


What is important to you about money?


What does retirement mean to you?


Are you looking forward to your retirement?


Are you either frightened or worried about retirement?


Have you planned and mapped out your retirement?

Are you retired?


Do you have a Financial Adviser/Wealth Planner?


How much do you pay them per year?

Do you know?

Do they provide you with value for money?

Do you really need them now for what they offer and provide to you and for what you pay?

Clarity

Our main objective together is to give you clarity over your life and your finances. 


Having a better understanding of what you have and what you could achieve. This will help you to make decisions around, about and during retirement and how you spend and enjoy your hard-earned wealth in the future. Seeking to remove any fear of you running out of money.

As your Coach, I will:

  • take an independent top-down look at your current finances, another set of eyes;


  • help you establish realistic goals;


  • make suggestions as to how to maximise tax efficient investments within your portfolio;


  • help you with understanding investment risk;


  • establish your financial action plan;


  • annually organise two half-yearly face to face coaching and planning meetings alongside two half-yearly catch-up calls i.e., quarterly contact;


  • be available for on-going telephone and email contact;


  • provide you with coaching and accountability around money;


  • refer you to either a regulated/authorised adviser or solicitor if specialist Financial and/or Legal Advice is required i.e., pension transfer advice, Wills and Estate Planning.

As your Coach, I will NOT:

  • provide specific recommendations;
  • introduce you directly to any investment provider;
  • provide specific regulated investment and product advice;
The Result

Maintain the LIFESTYLE you deserve

LIVE within your means

Know how many HOLIDAYS you can take each year

Know how much you can spend on your FAMILY

Know whether you can AFFORD to treat yourself more often

Know how much you can GIVE away

Sleep more PEACEFULLY at night and be HAPPIER during the day

Working Together

Together we will work through establishing:


  • where you currently Are;
  • where you wish to Be;
  • what you consistently need to do, to get from A to B;
  • what drives you to start and stay on track;
  • clarity on your existing financial position;
  • your goals (what do you want to achieve);
  • a list of actions to help you achieve these goals;
  • what is essential - the ‘must haves’;
  • what are - the ‘would love to haves’;
  • why these are important to you;
  • what has worked for you in the past when achieving your goals;
  • what obstacles could get in the way;
  • what it is about your goals that makes them real;
  • how to achieve your goals.
What is Your Commitment and My Fee?
  • Your time.
  • Your enthusiasm.
  • Your honesty.
  • Your frankness.
  • Your openness.
  • Your enjoyment of our working relationship.
  • Meeting and answering my requests of you.
  • Remembering to laugh, cry and have fun together.

Attending an initial complimentary Introduction meeting which is our mutual opportunity to introduce ourselves to each other and establish if we wish to work together.


It is a two-way relationship during which you establish and find out all about my services and what benefits our working together could mean for you whilst I establish and understand what drives you, your objectives, goals and dreams.


If we mutually decide to work together, you confirm to engage and retain my services and commit to paying a retainer of £175.00 per month paid by standing order for as long as you wish to retain me, subject to a minimum of twelve payments. That’s it from me.


You may have additional platform, investment management charges and other fees but these will be your choice.


My guidance fee is just £175.00 per month. No more, no less. I do not charge VAT.


There is no initial fee.


One off coaching projects will be considered and costed at an hourly rate on a case by case basis.

Getting started

First Steps

1. Understanding your financial position

I need to have a good understanding of your current financial position. You will provide details of your:


  • assets (house, cash, investments etc.);
  • liabilities;
  • income;
  • expenditure;
  • pensions (State, personal and occupational).

In addition, you will advise on the following and supply copies:


  • do you have a Will?
  • do you have Lasting Powers of Attorney in place?
  • are you likely to receive any inheritances?
  • what either life cover or critical illness policies do you have?
  • what State Pension will you receive?
  • [you can check this here: https://www.gov.uk/check-state-pension].

2. Discovery meeting

We will set up a Discovery Meeting to establish your goals and drivers. Establishing what you are trying to achieve and what motivates you will increase the chances of achieving your goals, so it is worth spending time on this area.


Using the information gathered in the Discovery Meeting, I will prepare a summary of your

current position along with a forecast, showing how likely it is that you will achieve your

goals.

3. Level of risk

I am able to send to you expenses and risk assessment questionnaires. The latter will help you to establish the level of risk you are comfortable taking and we will discuss the level of risk you need to take with your investments to reach your financial goals.

4. Action plan

I will create an action plan, detailing steps that I believe you should take.


I will demonstrate how likely it is that you will achieve your goals if you follow the action plan.


The initial process usually takes four to eight weeks to complete and at the end of this period you will have a clear plan and path to follow.


We will arrange a follow up session. This is an essential part of the process, as the added degree of accountability is often the difference between you taking action or not.


We will review how you have found the process, discuss actions taken and I will make further suggestions to help keep you on track.


At the end of this process, you should be much more aware of your current position; you will have established clear goals along with the steps needed to achieve them, and you will be more in control of your expenditure and savings/investments.

On-Going

As your Coach, my role is varied, but I will work with you to ensure that you and your plan stay on track. This will include up to two face to face coaching and update meetings each year and I will be on hand to answer any queries you may have via email, telephone, WhatsApp and text at any other times.


As invested assets grow, it is important to keep a track of funds and ensure they remain in line with your attitude to risk. You should be taking advantage of tax efficient investments and following your plan towards and through your retirement and beyond.


My job is to keep you on track to achieve your goals in the best way possible.

….and finally you are thinking, but where do I invest my money?

This is your total choice. You are probably already investing your money. If so, I am not here nor about to change anything that you are satisfied with and which works for you.


However, if you require a sounding board and second opinion on your choices and options as to the many DIY Investment Platforms that are on offer, I am happy to give you my thoughts but I will not be making any specific recommendations. Where you invest your money, is totally your choice and selection.


You have many investment choices that cover the many asset classes such as cash, National Savings, stocks and shares, bonds, property to mention but a few.

Ready to get started?
Share by: