Crue Consulting’s approach to financial planning can best be explained by our Holistic Financial Planning diagram. After a comprehensive information gathering exercise, the process involves three aspects:

Part 1: Protecting your risk
This part of the planning process involves understanding the financial risks that you face in respect of your death, disability or dreaded disease – in other words, all the possible unforeseeable eventualities that may adversely affect you during the course of your life. Using scenario planning techniques, we will assist you in planning adequately for any of these eventualities.

Part 2: Planning your retirement
The second part of the process is designed to help you fund adequately for your retirement. During the course of this process we will discuss things such as your desired retirement age, your post-retirement income, where you plan to retire and what you intend to do in your retirement. We will also discuss the concepts of “re-wiring” – changing career paths or generating other sources of income during your retirement years. The outcome will be to determine what levels of funding you need to invest now to secure the retirement you desire.

Part 3: Leaving your legacy
The last aspect of the planning process involves securing your legacy in the form of a Will, and ensuring that your Estate is structured in the most tax-efficient way. This will include an assessment of any Estate Duty, Capital Gains Tax, lumpsum taxations and any other costs payable by your Estate. The aim is to ensure that your assets are distributed in accordance with your wishes in the event of your death, and that your heirs are not burdened in any way.