Sitting down for a consultation with experienced financial advisor Ger Heneghan is one of the best things you can do in your life, especially when it comes to ensuring that your money gives you the freedom to do the things you want to do.
Ger is the driving force behind Heneghan Financial Planning, bringing a wealth of experience to the table through his 27 years in the financial sector. This includes working for Ulster Bank, Bank of Ireland, and Irish Life. Ger believes not in the concept of selling financial products that his clients do not need, but in listening to where they are on their financial journey and guiding them through the vital next steps.
"Each client’s situation is unique, and they can be at any life stage, they seek financial freedom rather than a specific product," he said.
“I would say that financial planning is an important part of every phase of life but certainly there are times in your life when it is absolutely crucial."
Preparing ahead
"Facing retirement is one of the most significant moments when financial planning is vital. As you approach this stage, you are preparing to leave behind the regular and consistent income that you have been used to for most of your life. With retirement, your new income will likely change substantially, making it so important to have a sound financial plan in place," says Ger.
"On the other end of the spectrum, there are people who are just starting their employment journey and have no interest in pensions, but 20 years goes by like the flick of a switch and if they were to add even in a very small way to the contribution from an employer, it could add up to a significant amount in this time and this highlights the importance of developing good financial habits early in your employment journey.
"People purchasing a home or welcoming a child, these milestones bring new financial responsibilities and require thoughtful planning to ensure you are prepared for the changes ahead and obviously life can take unexpected turns when people will find themselves moving between jobs or, unfortunately, facing redundancy. These circumstances often raise questions about managing company pensions and what to do next. In these cases, having a clear financial plan is essential to deal with the uncertainty and make smart decisions.”
Gerard Heneghan’s success with his clients is rooted in his commitment to helping both individuals and businesses achieve their financial objectives. His guidance ensures that each person is equipped with the strategies and support needed to reach their goals, regardless of where they are on their financial journey.
"The world we are living in right now with the global economic factors at play, including years of high inflation and the changing interest rates, all of this can create a lot of uncertainty for people about having the right plan for their money.
"Take someone who is planning on retiring their pension, there is a huge anxiety with that. If they sit down with me, together we can find out what they must do to allow them to maintain their current lifestyle, such as work an additional year to top up the fund they have accumulated or move this fund to a more suitable investment. Following these consultations, clients typically leave feeling more relaxed with greater confidence and clear direction for achieving their financial goals."
Take control of your financial journey
Ger studied at University College Dublin, holds the prestigious Certified Financial Planner™ designation, as well as a QFA and the SIA, and he was also awarded a Masters in Financial Services through UCD.
"Our aim is to create a world where everyone has the opportunity for financial well-being by educating and providing tools to help our customers make smart financial choices for their future”.
Ready to take control of your financial journey? Contact Ger today for a personalised consultation. Financial success isn’t a destination, it is a lifelong journey, and Ger is here to guide you every step of the way.
For details see heneghanfp.ie, email [email protected] or call 086 601 1193
