Navarinou 10, 1100, Ayios Andreas, Nicosia

savvas@insurancelinkcyprus.com

         

70 08 88 83

A 360 Financial Plan is road map showing exactly where you will be heading in the future

Personal Financial Planning 360°

360° Personal Financial Planning

This is our top service that includes all other services we offer. Its suitable for Individuals and Families who want to provide financial protection against the unexpected of Life and take care of all their planning needs. It refers to the implementation of a comprehensive financial planning process that involves specific steps and annual reviews in order to ensure financial success.  Consider working with us using world recognised financial planning process and standards for taking care of the risks and achieving your long-term financial goals.

The “buy today, pay tomorrow” habit of today’s generation makes the need of Personal Financial Planning more urgent.

Increasing life expectancy and no guarantee social security provision make an urgent call for Financial Planning for every human being. Comprehensive 360° Financial Planning is like making your own financial roadmap. A roadmap to enable you to make all the provisions for your financial needs and responsibilities in life. Financial Planning is becoming increasingly popular in developed countries all over the world. Now, with the help of an expert Financial Planner, you too can give yourself the 360° Financial Planning edge!

The 6 parts of the 360° Personal Financial Planning   

The 6 parts of the 360°
  • Cash Flow Planning: This part involves the planning of your income and expenses so to be able to have a clear picture of your economics, and to be able to meet periodic cash requirements.
  • Ultimate Cover: This Part involves the process of Calculating the Ultimate Insurance Amount that an income producing person must have. Insure your self With the Ultimate cover amount and sleep well at night knowing that whatever happens, your Income and your family is secured.
  • Education Funding: Every parent dream of giving the best education to their children. With proper Financial Planning now you can plan for their education. This part is dealing with calculating the future funds you will need for your Children’s studies and start the necessary savings plans that will give them the chance to study even in case you will not be there… in their graduation.
  • Tax Planning: Cyprus is one of the few countries that will allow you to turn tax into investment. Life Insurance related plans are up to a certain limit related to your taxable income, tax exempted when you are paying for them, tax free while accumulating and tax free when you withdraw them. We will calculate your available allowance, so you can turn tax into investment.
  • Wealth Creation: Lots and lots of money, that’s what anybody dreams and wants to have. Plan it and create wealth to have a secure future. This part involves the savings part of your life. We will explore Insurance investment that will help you accumulate wealth for future use.
  • Retirement Planning: After working hard in life anybody would love to spend later years of life comfortably. We will help you calculate your retirement expenses and plan for the appropriate required retirement income you will need to enjoy your golden years with peace and happiness.

Custom made Software Simulation

360° Financial Planning is utilizing our own developed software simulation that takes a total view of your life’s financial needs and charts a personalized strategy to help you meet them all above. Broadly, it involves:

  • Identifying your current financial status
  • Listing and prioritizing your goals
  • Creating a sound investment plan to achieve them
  • Monitoring the plan to facilitate swift corrective action

360°Financial Planning is based on the premise that every individual has certain basic financial needs that are expressed at various stages of life (getting married, buying assets like homes, vehicles, or providing for your child’s education and wedding and retiring finally ). With the help of 360° Financial Planning, you can prepare yourself well in time for all these goals.

Why do you need 360° Financial Planning?

To help you achieve all your financial goals, dreams, needs and desires. For example, you could be dreaming of:

  • Buying a dream house
  • Providing your children with the best education
  • Planning a grand wedding for your children
  • Accumulating Wealth
  • Insuring properly your assets
  • Having a great time after your retirement

But in today’s world of skyrocketing costs and increasing inflation, how many of these dreams can you hope to turn into reality? By planning well, you can utilize your limited resources to the fullest. 360° Financial Planning helps you see the big picture and invest for specific long-term and short-term goals well in time.

Personal Financial Planning 360°

Who needs 360° Financial Planning?

  • Every person who has income
  • Every person who has people depending on them for income
  • Single parents with children
  • Divorced people with dependent children
  • People with dependent older parents
  • People who pay alimony to their Ex for their children
  • Everybody who loves his family…

The 360° Financial Planning could make a difference to all those who wish to lead a worry-free, financially secure life.

The 360° Personal Financial Planning Process we follow:

Identifying and prioritizing objectives
We will review your current situation and write down your dreams and financial goals in life ahead.  This helps clarify a vision of your financial future.

Gathering information
We will review your important documents, including tax returns, brokerage accounts, budget, debt, bank statements, insurance policies, and retirement plans.

Analysis of information
Understanding the big picture of your financial situation requires a critical and methodological analysis of the information gathered about your goals and current financial situation.

Presentation of Financial Plan
We will provide written financial planning recommendations that are in alignment with your goals and needs.

Taking action
Once we present and explain the detailed financial solutions to help you reach your goals, it is time to take action to work towards your goals.

Track ongoing progress
As your goals and needs evolve over time, we will periodically review and track changes and progress as part of an ongoing financial planning process.

To start your Financial Planning Road map takes just 50 minutes but gives you benefits of a lifetime.

How much will cost me, my 360° Financial Plan to be created?

The cost for this service it is based on the hours spend with you. Normally it takes 4-5 meetings to be concluded, for about one hour each. The hourly cost for our services is €30/hour.

If you are ready to start fill in the form below and let’s get started by filling the form below

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