An independent financial adviser or (IFA) helps people or any instances businesses use their financial resources to their very best effect. You ought to have particular financial goals you want to achieve in regard to your own personal retirement and savings.

Everyone's financial targets are different – for many people, it's going to be to give up jobs and retire or save money to attain a particular life target (s). Parents or grandparents might want to put cash aside for college fees or to gain their younger relatives in another way including University fees or assist with the purchase of the first motor vehicle.

The first step in financial planning is to set out your short, medium, and long terms goals. Your IFA will help you shape your plan and establish what resources you have to achieve them. It may be the case to retire early (assuming you are saving into a pension already) you may need to increase your monthly or yearly pension contributions. You can choose independent financial advisor via

I would only ever hire a fee-only financial advisor, for good reason - Business Insider

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At this stage, it may be more the case of a reality check, without enough resources (income) you may not be able to achieve everything you want.

If your main concern or goal is to send your children to private school you will need to save to achieve this and in many cases, this could mean sacrificing another medium to long terms goals.