Family Financial Planning
Financial stability and early retirement seem to be elusive targets for many youngsters these days. For a first time buyer, finding your way on to the property ladder today can be difficult. With average salaries at £35,423 (13/11/18) and average house deposits for first time buyers at £50,174 (10/01/20), you don’t have to be a financial whizz kid to see that it’s going to be a struggle for most. On top of that, the age for State Pension will increase to 66 for both men and women by October 2020 with plans to increase it further to 68.
Increasingly here at VCL we are dealing with clients specifically concerned with planning for the future of their children. Financial security for the youngest members of our families seems to be an evermore distant goal and we, as parents, will do all we can to ensure that our children have the best possible start.
Having been invited to form part of a segment on ‘Family Planning’ by The Daily Mail, we have quickly learned that for many clients we can provide a solid foundation for their children’s financial outlook and have now created a section within our own family run business focussed on casks intended on being laid down for 15-20 years. In order to safeguard their future, many clients will buy these casks of single malt Scotch and lay it down to help cover the cost of their tuition fees or first home.
We believe that Scotch single malt casks provide the perfect tool for giving your young ones the financial edge needed to gain stability and security in the years ahead. As a hedge against inflation and an an accepted store of wealth, requiring little to no maintenance or management from their owners, whisky casks provide the perfect solution for the uncertainty of the future. For more information, please contact the London office and request more information on Family Planning.
Whisky Investment Guide
The VCL Vintners Whisky Investment Guide will teach you all you need to know about the world of Fine Whisky, from expanding your knowledge to making your first investment.