Using Timeline with Voyant

‘How does Timeline work with Voyant?’

This is a question we get asked time and time again. We know many planners use both software. We totally get why. Voyant is a powerful cashflow planning software used by financial planners. Timeline illustrates and creates a sustainable withdrawal strategy for clients.

Voyant is great for the big picture of the client’s overall wealth - their home, income, expenditure, taxes, assets and liabilities. Timeline, on the other hand, focuses on the decummulation strategy for their portfolios. Timeline uses real world data to drill into the details of how to manage withdrawal, taking account of sequence risk, inflation and longevity.

We’ve been meaning to create a video to demonstrate the synergy between the two software but haven’t got round to it! Thankfully, financial planner Tom Orchard of Annetts & Orchard (https://www.annettsandorchard.co.uk/) came to our rescue. He recently created this video to demonstrate how he uses Timeline & Voyant together, running through his retirement income planning process.

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We particularly like how Tom framed the thorny issue of ‘capacity for loss’ as ‘capacity for reduced income’. This is because, by having a withdrawal strategy in place that reduces the client’s withdrawal during poor market conditions, we can agree this with the client and discuss the likely impact on their lifestyle!

As Tom points out, this is his own process. No doubt, there are others. Think you’ve got a different take on how to use Timeline? Show us! Record a video and ping it over to us!

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