Planning for your financial life stages

Our finances throughout life are in a constant state of change. Most of us will pass through six financial life stages as we age. These will have an impact on our income levels, spending patterns and family situations, and while not exactly predictable, they tend to follow a pattern.

At Red Dot, the financial planning process we follow is one of setting and deciding how to achieve our clients’ financial goals. This includes understanding at what stage each of our clients are in the life, and assist with planning for the future you, our client, desire. This planning process is integral to the service we provide to ensure our clients achieve their desired life goals.

We all have different needs and priorities regardless of the life stage we are at, but whatever our circumstances, our focus should always be to plan and prepare for our futures in line with our goals and dreams.

What life stage are you currently at?