Your Financial Journey

“Life is a journey, not a destination” however, with so many facets to life, it can sometimes be daunting as to what to do, for the best and when.

One fundamental factor to consider is financial security; and we have compiled a schedule of what we feel are the four key stages of life and the relevant steps to take towards meeting financial goals and aspirations.

We have deliberately omitted age ranges. This is because, with changing life styles (people are working and living for longer); various new opportunities (portfolio careers); and evolving challenges (such as mortgages), we feel it is highly subjective to prescribe which financial activities should be undertaken in particular age groups. However, there are, broadly, four key stages that could apply to us all at some point in life and we have touched on them below.

  • Starting Out


You are in the early stages of your career and are recently or just becoming financially independent.


Key financial goals may include:

• Reducing debt, such as student loans.

• Making large purchases such as owning a car or buying your own home.

 Click here for what to consider and how Whitechurch can help you


  • Accumulating


You are settled into your finances but you’ll have increasing responsibilities, which may include a growing family.


Key financial goals may include:

• Buying a house or increasing payments to pay off your mortgage as early as possible.

• Providing for the future and setting up provisions for loved ones.

 Click here for what to consider and how Whitechurch can help you


  • Consolidating


You may have a larger/older family and, consequently, larger expenses such as higher education to pay for.


Key financial goals may include:

• Being totally or predominantly debt-free.

• Helping children with higher education, weddings or buying their first home.

• Maximising funds towards retirement income.

Click here for what to consider and how Whitechurch can help you


  • De-accumulating


You may be moving from employment to semi or full retirement and looking to withdraw income from pension and investment portfolios.


Key financial goals may include:

• Protecting your savings to enjoy the fruits of your hard work and accumulated investments.

• Sharing and/or passing wealth to family members.

Click here for what to consider and how Whitechurch can help you


'Your Financial Journey' is intended to provide information of a general nature and should not be treated as a specific recommendation to make a particular investment or follow a particular strategy. The contents may not be suitable for everyone. We recommend individuals take professional advice before entering into any obligations or transactions. Stockmarkets should not be considered as a suitable place for short term investment. Past performance is not necessarily a guide to future performance. Investment returns cannot be guaranteed and investors may not get back the full amount invested. Levels and bases of, and reliefs from, taxation are subject to change and values depend on circumstances of the investor.