The challenge

Client ‘J’, a long-standing client of High House Wealth Management was a senior executive at a large European company. After 18 years in the corporate world, he was experiencing burnout and wanted to reduce his workload. However, with a mortgage, one child in private education, and another at university, he believed that stepping back from his demanding role and earning less was not a realistic option.

Our Approach:

1. Understanding the Bigger Picture:
• I met with ‘J’ and his wife to review their financial plan and to discuss their goals and aspirations.
• We conducted a thorough review of their financial resources, including savings, investments, and pensions, to evaluate their current position and future prospects.
2. Creating a Sustainable Financial Plan:
• We then designed a financial plan that accounted for their ongoing family expenses, including education costs and their mortgage.
• The plan provided a balance between maintaining their current lifestyle and saving for their future retirement.
• Using cash flow modelling we reviewed the possible scenarios to demonstrate how stepping back from the corporate world and working part-time meant they could still meet their financial goals.

Action Plan:

• ‘J’ left his senior corporate position and transitioned to part-time work, which allowed him to significantly reduce his stress levels while still supporting his family.
• The financial plan meant they could maintain their lifestyle, continue funding their children’s education, and save for retirement.

• ‘J’ is now enjoying more time with his family and pursuing his passion for travel, which was difficult to prioritise during his corporate career.
• The family’s financial plan remains on track, towards achieving their long-term goals of financial independence once their children complete their education.
• Regular reviews ensure that their financial plan adapts to any changes and continues to align with their goals.

Impact of Financial Advice

Without professional financial advice, ‘J’ would most likely have continued working in his stressful corporate role, sacrificing precious time with his family. The tailored financial planning approach gave him the clarity and confidence to make a life-changing decision, enabling him to achieve a better work-life balance without jeopardising his family’s financial security.

Key Takeaways

• Empowering Decision-Making: Financial advice gave 'J' the clarity to understand his options and the confidence to act.
• Work-Life Balance: A well-structured financial plan enabled him to step back from a demanding career while maintaining financial security.
• Long-Term Security: Proactive planning towards the family’s goals—such as education and retirement—remained achievable.

At High House Wealth Management, we pride ourselves on helping clients navigate major life transitions, creating financial plans that empower them to live fulfilling lives whilst maintaining financial stability.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up.  You may get back less than you invested.

The advice provided to 'J' was given after a full evaluation of his specific needs, circumstances and requirements.  The solutions provided would not be suitable for everyone and do not constitute general advice.