Steve Martin, Director, Financial Planning Training Academy will review cashflow modelling assumptions in the context of the financial planning process. This session will look at what makes assumptions reasoned and reasonable, the importance of understanding the links between assumptions and outputs, and why the modelling process depends on understanding your clients lifestyle goals and needs
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During this session you will:
1. Learn why assumptions must be reasoned and reasonable
2. Discover why small variations in your inputs can create massive changes in outputs
3. Explore why lifestyle assumptions are as important as economic assumptions
4. Be able to evaluate why inflation is more than just price inflation