How much is enough to support your lifestyle? If you don’t know, you don’t have a financial plan.

Do you know how much is really enough to live the life you want, without worrying about running out of money?

This is one of the biggest questions financial planning can answer – and having that answer could change everything.

We see so many people working longer than they need to, simply because they don’t know when enough is enough.

Now, I’m not saying working past retirement is a bad thing (the research actually says it’s quite good for you!), but lots of people keep at it when they’d rather not, thinking they need to pile up as much as possible before they can finally retire.

So, when can you stop doing the things you don’t want to do and start focusing on the things you do want to do?

Knowing how much is enough can help answer the most common planning questions, such as:

By analysing your assets, liabilities, income, expenditure and understanding your desired lifestyle – and by doing financial planning based around a cashflow model – it is possible to calculate the answer to the essential question.

If you do not know how much is enough, you do not have a financial plan.

Do you know how much is enough for you? How confident are you about your financial planning?

Find out in just two minutes with our quick and easy Financial Planning Scorecard and see how well prepared you are for the future!