As I write this I am sitting at home following a total knee replacement operation. My lack of mobility and the pain in my leg make me wonder how many people have this experience and whether they know if they can manage financially if they are unable to work for an extended period of time?
I am fortunate, my disability is hopefully short-lived, Magenta is paying me and, whilst physically I am not able to get to work, there is nothing wrong with my brain so I am able to work from home in my lovely summerhouse during this time which is good for both me and Magenta.
But, what if circumstances were different? What if my employer only paid the minimum sick pay? What if I was going to be unable to work for many months? What if I was unable to work from home?
Having completed my own Lifetime Cashflow Forecast some years ago I know what financial arrangements I needed to have, to keep me and my family secure in the event of catastrophe. Magenta has provided me with the necessary employee benefits (especially Private Medical Insurance which has allowed me to have my operation quickly so I can get back to work as soon as possible.)
At Magenta we do not just look at how much money you have and how you should invest it, the Lifetime Cashflow Forecast tells us so much more than that. We look not only at how you can make your money work for you to achieve your goals but also, and very importantly, we look at the “What if” doom and gloom scenarios to make sure that even if the worst happens, you and your family will be secure.