Head of private clients at John Lamb
Our clients seek to attain or maintain financial independence, loosely defined as that moment in time when they have enough capital and other resources available to them for work to be optional and their desired lifestyle affordable.
Everyone’s definition is unique but we can build out a financial plan that helps clients identify how much they need (in real terms) and then, using realistic assumptions, estimate how much they need to put aside to arrive at they want to have at retirement; what we call their ‘number’.
As they own the number, they own the responsibility of allocating resources and only require us to facilitate the delivery of appropriate investment vehicles into which to build the fund. For some clients, it’s a long way off and they don’t need to do much. For others it’s a matter of months and the gap is sometimes unbridgeable, but generally not.