Yellowtail

😊 Thank you Tommy Perkins at Medics Money 😊

To receive feedback like this from a podcast professional is humbling, and it makes the hard work worthwhile.

And our aim IS to bring high quality financial education to as many listeners as we can.

As Dennis Hall says, we are just getting into our stride.

Link to our podcast, The Century Plan here: https://link.chtbl.com/XQMSr_VZ

🔮 How can we tell if you'll achieve your retirement goals? 🔮

Well, what we don’t have is a crystal ball.

But we do use a set of tools to determine whether or not you're on track to achieve the outcomes you want.

One of these is cashflow modelling.

This is a sophisticated piece of software our planners use (alongside years of experience) to look at where you are now, where you want to be, and how your wealth may change over time.

At Yellowtail we use cashflow modelling to plot a line from now until age 100 (and if you listen to our podcast The Century Plan you’ll know why we use that number) to work out whether you're on track.

Along the way we can plot planned life changes like:

➡ Moving home

➡ Children going to university

➡ Career changes

➡ Anticipated retirement dates

We can also produce iterations which account for more impactful unexpected events. The "what-if" scenarios:

🔴 Loss of a job

🔴 Long-term illness

🔴 Death of a partner

🔴 Market downturns

And if you’re not on course now, we can discuss what levers we need to pull to improve your outlook.

And then we use other tools like evidence based investing to bring the plan to life.

In season 2, episode 1 of The Century Plan, Dennis Hall and Sarah Steele cover cashflow modelling in more detail. And as one listener told us, it does a great job of explaining how financial planning works and why it is so important.

Scan the QR code for the podcast, otherwise you can find it here: https://link.chtbl.com/XQMSr_VZ

Yellowtail Yellowtail Financial Planning is an award winning firm of financial planners, with specific experien