Welcome to the “Assets” learning path!

I’m Anna and I’m here to help you structure your assets around your situation in life.

A good wealth plan aligns your finances with what truly matters to you. It provides direction in every stage of life and helps you stay on top of things, even when your circumstances change. It involves three perspectives: 

  • here and now, 
  • your plans and goals, 
  • and what you hope to pass on to the next generation.

In this module, we take the first step in wealth planning together. We’ll look at how you can

  • set out your personal goals clearly,
  • structure your wealth using the UBS Wealth Way approach with the key strategies of Liquidity, Longevity and Legacy,
  • and ensure your wealth plan always fits your current life situation with regular check-ups.

That’s how we lay the foundation for your personal wealth plan.

Step 1: life situation and goals as the starting point for wealth planning

Wealth planning doesn’t start with numbers. It starts with your individual circumstances. As your goals and life events change, so do your priorities, opportunities and needs – and your wealth plan should reflect that.

Typical situations in life and what they can mean for your wealth structure:

These situations show how different wealth planning can be. The right questions help clarify your needs and goals at every stage of life.

Anna’s checklist: questions to help you understand your personal situation

These questions help you better understand your current situation and clarify your goals. Take your time – there’s no need to answer everything at once.

1. What is your current life situation?

2. What does your annual budget look like?

3. Who are the important people in your life?

4. What goals do you want to achieve – soon and later on?

5. What major events – buying property, education and inheritance – are coming up or could arise? 

6. What financial resources do you want to have available in the long term?

 

My tip: Write down your thoughts. This way, you’ll be well prepared for any conversation with your client advisor.

Step 2: Develop your personal wealth plan based on your personal situation

Once you’ve mapped out your personal situation – including your life circumstances, assets and liabilities, income and expenses, goals and key events – the next step is to create your wealth plan.

The three key strategies – Liquidity, Longevity and Legacy – help you structure your wealth and develop a plan tailored to your short- and long-term goals.

At the heart of this is comparing where you are now with where you want to be: How is your wealth set up today? How do you want it to work for you – for the here and now, for long-term goals and for what you’ll pass on?

Liquidity, Longevity and Legacy: the three key strategies explained

UBS Wealth Way is based on the 3L concept: 

  • Liquidity
  • Longevity
  • Legacy

The three key strategies guide how you structure your wealth across each perspective. All three work together and each plays a role.

How you balance these areas depends on your stage in life.

A good example is retirement planning. Here it’s important to distinguish between the accumulation phase and the drawdown phase.

You see: The balance between the three perspectives shifts, but the structure stays the same. Knowing your goals, time horizons and risk tolerance is key to allocating your assets effectively. You can learn more about this in module 2.

Do you want to explore retirement planning in more detail? “Retirement” learning path: well prepared for the next stage of life

Investment calculator

Are you curious about the impact of long-term investing? Use the investment calculator to see how it stacks up against a savings account.

Step 3: Review and update your wealth plan regularly

A wealth plan isn’t a snapshot. It evolves with you. Regularly taking stock helps ensure your goals, timeframes and the balance of liquidity, longevity and legacy remain right for you. An annual review, along with adjustments following major life events, helps keep your financial plan on track.

Clients ask – Anna answers

Good to know

Women’s Wealth Academy

Women who actively take part in financial decisions increase their chances of achieving financial security and are more optimistic about their future. Take your finances into your own hands.

Because a personal conversation is worth a lot

What can we do for you? We’re happy to address your concerns directly. You can contact us in the following ways: