What our clients say

David advised me on consolidating my defined benefit and defined contribution pensions into one fund. It was a very complicated technical exercise which David guided me through with the utmost professionalism and integrity. He dealt with all the parties and kept me informed along the way including explaining deeply technical issues in a straightforward, understandable manner. I have no hesitation in recommending David.

Mark H

David manages my investments in a pension fund which is not my area of expertise, it's extremely reassuring to have found a financial advisor I can trust implicitly. I find David extremely approachable, knowledgeable and completely up to date with all the complexities that surround pensions and investments. As he says, 'no question is a stupid question', I feel completely at ease to ask him anything or express any concerns I might have. I always come away from my annual review feeling informed and reassured that my investments are in the best possible hands. David's office is a welcome beacon, relaxing and he makes a great cup of coffee!

Janey G

David has managed our financial affairs and investments for many years and we could not have chosen a better independent financial advisor. He is always available to answer our questions or give advice and we come away from our annual meeting knowing our investments are in safe hands. We cannot recommend Ferry Financial highly enough.

Mick M

David has been our financial advisor for 15 years and we have always been very pleased with his handling of our finances. He is always at the other end of the phone when we need him. I have no hesitation in recommending Ferry Financial.

Denise M

David has managed my investments for a number of years. The advice given by David is always clear, concise and understandable. He has a in-depth knowledge around the complexities of pension management and is happy to spend time talking through different scenarios. David is always available to answer any questions I may have and I come away from our discussions with a clear understanding of my options moving forward. As well as his technical expertise David is just a nice person to do business with and that makes a big difference in my book. I would be certainly be happy to recommend David to any of my friends or colleagues.

Kevin L

David helped us to consolidate our various pensions into SIPPs so we now have a greater understanding of how much we have in our retirement funds. David offers a first class service – he is always readily available to talk and deals with our requirements promptly and efficiency. It is very refreshing to have a personal service which is sadly lacking in the current culture of call centres. We have known David for over 12 years and we highly recommend him as a trusted Advisor.

Brendan and Jayne B

How much is enough?

Date Published:13/12/2012
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You may never have asked this question for fear of the answer, or possibly because you didn’t think that it was possible to find the answer.

Together we can easily work out just how much money you need to achieve your objectives. In practical terms, this means that it is possible to work out how long you need to stay on the hamster wheel of life – and how fast you need to run – before you can jump off.

How much is enough? is determined by a number of factors including:

today’s cost and the future cost of your objectives
the length of time from now until the money is needed for your objective
your starting point on the path to achieving your objective
the intended strategy to get you to your objective, which may include saving or investing money
the likely net investment returns that will be achieved considering your investment risk tolerance for each objective

At this point the roadmap to achieving each of your objectives becomes totally quantifiable.

Hence, you now know what you have to do to meet your objective, which may, for example, be something like to stop working at age 55 and continue living in your home town, but spending four months every winter in The Bahamas, as you dislike UK winters. This will cost £20,000 every year in today’s money on top of your normal annual living expenses of £40,000 in today’s money.

One of the most important things you can do is to understand about your money, your lifestyle and objectives and how you can take control of them. In this way you can stop the fear, and uncertainties surrounding money, from controlling you.

Together, having established your life planning objectives, we will ensure that your finances are correctly ordered to meet your objectives. You will have joined the small crowd of people who really are in control of where they are going along with how and when you will arrive.