Wealth creation
Wealth Creation is about establishing and creating a financial strategy that encompasses a number of financial products that each have their own purpose for building and providing capital, increasing return on capital, providing an income, protecting accrued wealth, and various other functions. The strategy has to consider defined objectives and requirements, encompass tax efficiency, flexibility and accessibility, by taking advantage of specific products and their features.
On meeting with our prospective clients, we find that many of them contribute vast sums of money towards their retirement income. After research and analysis, this often highlights the harsh reality of a retirement fund that is way short of their expectations. This is often due to under-funding, poor performance and low annuity rates.
We deduce from the meeting, that if they have a potential shortfall there are possibly two methods of sufficiently increasing their fund. Typically they would either need to increase their contribution, or increase their investment returns, several times over. The former option being financially unrealistic, and the latter option being too risky.
A younger person has time but usually little money,
and the older person typically has the money but little time.
The Bayliss Clarke Wealth Management wealth creation approach may hold the key to achieving the growth needed, without exposing funds to excessive risk, whilst maintaining “integrity” with the investment funds selected.
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