Nick Lincoln: A real test of cash flow modelling

CASHFLOW

clock

Clients rarely have clear long-term goals so it was odd, says Nick Lincoln, when one couple knew exactly what they wanted…

When we ask about aspirations, clients are very clear on one thing: they do not want anything less than the lifestyle they have now. But beyond that, they are often vague. Most people say they want to be independent at 60 or 65, simply because it's the default age. But two of my clients - a young couple with two children and plans for a third - have something very particular in mind: they want to send all three kids to a fee-paying school from the ages of four up until 18. Forget that for a minute...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser TV: Industry still 'old fashioned' when it comes to LGBTQ+ inclusivity

Professional Adviser TV: Industry still 'old fashioned' when it comes to LGBTQ+ inclusivity

Financial planners must challenge unconscious bias, Castlefield says

Sahar Nazir
clock 20 June 2025 • 2 min read
Restricted and independent: Why the language of advice must move with the times

Restricted and independent: Why the language of advice must move with the times

'These labels matter because they influence how people view advice'

Roger Brosch
clock 20 June 2025 • 3 min read
PA Asks: What song would the current advice landscape be?

PA Asks: What song would the current advice landscape be?

Plus targeted support hopes, geopolitical tensions and PFS membership

Professional Adviser
clock 20 June 2025 • 1 min read