Financial planning is the foundation of a worry-free retirement
Many people know that it is wise to start thinking about their financial future early on. Yet many hesitate to create a financial plan. But why is that?
In my 25 years of experience, I have repeatedly seen that those who address their financial situation early on are more relaxed when they retire. A financial plan shows you what to expect: your expected income, your expected expenses, whether you will have a surplus or a shortfall, and how your assets and taxes might develop. With a holistic view of your finances, you can calculate different scenarios and plan according to your personal wishes.
Together, we can identify areas where you have room for manoeuvre, whether in tax optimisation or investment. In my view, however, the biggest advantage of a financial plan is that it helps you to balance your goals, desires and concerns. You gain clarity and the satisfaction of actively shaping your future.
The biggest advantage of a financial plan is that it helps you to balance your goals, desires and concerns.
Daniel Kohler Head of Wealth Planning
So why do some people still hesitate? The cost argument is rarely heard. Much more often, it is the complexity that puts people off. Those who don't deal with topics such as pensions, taxes, law, investments, real estate or insurance on a daily basis can quickly become overwhelmed. This is precisely why it is so important to seek support — not only to maintain an overview, but also to take action in good time.
Many people put off planning their retirement, not because they are uninterested, but because they believe they still have enough time. But the years pass more quickly than one thinks. The later one starts, the less scope there is for proper planning. Those who plan early can take advantage of tax and financial benefits and make conscious decisions about how they want to spend their retirement. Whether it's travelling, taking up a new hobby, volunteering, or simply spending more time with family, all of this becomes easier if the financial situation is clarified early on. It's not just about numbers; it's about quality of life too.
My conclusion is that: Retirement is a unique life event that brings major financial changes. It's important to prepare well for this step with foresight, structure and professional support.
Would you like to find out more about this topic? Come along to our information evening on 9 October 2025 to find out more. Register via the linked box in the following section.
