Process

A correct ASSET PLANNING shall follow the herein below stated process:

Identification of the available resources

• Income level guaranteed by retirement (Retirement pension, other income)
• Additional income (Pension Scheme, Retirement Plan)
• Other Recurrent Income (rents, dividends, etc.)
• Other non-recurrent Income (investments)

Identification of expenses / Liabilities to be incurred

• Identification of the monthly recurrent expense level
• Mortgage, loans and other payable liabilities
• Known extraordinary expenses
• Forecast non-recurrent expenses