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Michelle is an award-winning chartered financial planner who holds the designation 'Fellow of the PFS' demonstrating her commitment to maintaining the highest standards of knowledge, ethical conduct, and professional practice. Michelle is also an accredited member of the Society of Later Life advisers. Michelle offers a fully personalised service tailored to each clients individual needs and goals, using an approach that was recognised and honoured by the Women in Financial Advice awards in 2021. Clients working with Michelle can expect a high level of professionalism, integrity and a lasting relationship built on trust and open communication
Michelle Boakes
Chartered Financial Planner
Body
Financial planning services are adapted to people of different ages. The individual strategies and services recommended to someone in one stage of life are often different to those that are recommended to people within a different age group. Experienced financial planners will call upon an age group framework to inform the services they recommend. However, financial advisers must consider individual circumstances, life events and long-term goals when making recommendations.
The mid-life stage typically includes people over the age of 30 but under 50. During this stage of life, people start to have increased financial obligations and start considering their financial future more seriously, making it easier to engage these people in financial planning services compared to younger age groups. These people are within an important stage of their own wealth accumulation period.
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We offer a complimentary introduction meeting to understand your existing plans and your financial objectives so that we can offer you the right advice and service that meets your objectives and your preferences.
Milestones within the mid-life stage
During the mid-life stage, many people will experience increased wealth due to career progression and promotions. How mid-lifers manage this increased wealth can significantly affect their financial future, which is what makes financial planning services especially beneficial at these moments. Even if people in this age bracket aren’t experiencing increased wealth, they could use financial planning services to strive for a more comfortable future.
Some of the other milestones and related services during this time are:
- An increased focus on saving for major purchases, such as buying a property
- Saving to start a family
- Paying for children’s education
- Bolstering emergency funds and retirement investments
For these reasons, many mid-lifers can benefit from specific financial services, such as mortgage advice, savings and investment advice, pension brokering and more. Without utilising financial planning services during this stage of life, individuals might miss opportunities to improve their financial circumstances in the future, including during retirement.
Our personalised evidence-based recommendations that build on your current plans are achieved using robust research. We investigate different financial scenarios so that you can be confident in achieving your objectives
Bespoke financial planning services for mid-lifers
As mentioned, it’s crucial that individuals are treated as such and only receive tailored financial planning services. People during this stage of life may need advice and services related to other life events that are fairly common during these ages, such as:
- Business ventures
- Divorce and separation
- Caregiving to parents and loved ones
- Receiving an inheritance or a windfall
- Changing careers and or re-education
Our financial advisers and planners always provide an individual service, which accounts for your specific life events and experiences. Contact us now for more information.
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When we tell you about a fee, you will always receive a clear explanation of: The total fee, the advice service it relates to, how it's been calculated, when you need to pay it and your payment options.
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