Martha - 61, Brisbane

Martha is a pre-retiree who has started working less and winding up to prepare herself for retirement. She wants to make the most of the opportunities around her finances, and pass her wealth onto her family to help them get ahead. She's wasn't sure on the best way to make her money work for her, or how exactly to structure this so she came to us looking for some advice.

Martha - 61, Brisbane

Martha is a pre-retiree who has started working less and winding up to prepare herself for retirement. She wants to make the most of the opportunities around her finances, and pass her wealth onto her family to help them get ahead. She's wasn't sure on the best way to make her money work for her, or how exactly to structure this so she came to us looking for some advice.

HER CHALLENGES

Doesn’t know where to start
Has some analysis paralysis
Lots of cash/equity that isn’t doing much at the moment
Unclear on what exactly is covered by her insurances - and they are getting expensive
Transitioning to retirement is a big change
How to structure her will and estate in a complex blended family situation

OVERVIEW

Situation

Martha

Age

61 Salary

$95k

House (PPR)

$1.3M

Existing Investments

$100k

Super

$550k

Children

2 - no dependents

Insurance

Life insurance in Super

Field/Occupation

Teacher

Debt/Liabilities

$0

Savings Per Year

$25k

Cash Savings

$300k

GOALS

Stop working in the next 5 years
Prepare for retirement
Replace her current income
Travel the world
Review her estate plan & structure her legacy
Downsize to a coastal home
Support private school fees for her grandkids
Not leave anything on the table with her finances
Get the right help from professionals around executing these changes

Stop working in the next 5 years
Prepare for retirement
Replace her current income
Travel the world
Review her estate plan & structure her legacy
Downsize to a coastal home
Support private school fees for her grandkids
Not leave anything on the table with her finances
Get the right help from professionals around executing these changes

OPPORTUNITIES AVAILABLE

Property Equity is high
Large super balance & Cash savings
Motivated to make a change and get a plan into place for the future
The potential to self insure
Still has time to be proactive with her remaining super contributions and their management

OPPORTUNITIES AVAILABLE

SOLUTIONS

Cashflow Management Strategy
Transition to retirement strategy
Downsize and contribute to super
Build investment portfolio to provide a retirement income
Use tax effective super to grow asset base
Comprehensive estate planning structure to leave a legacy for her family
Support her grandkids while protecting her legacy

OUTCOMES

She funded private schooling for her grandkids
She now has confidence in her plan while approaching retirement
She has maximised the tax benefits of her super
She has diversified her portfolio to provide her the income she needs to reach her goals and live comfortably
She has certainty after reviewing her will
Her super beneficiaries are structured accordingly

SOLUTIONS

Cashflow Management Strategy
Transition to retirement strategy
Downsize and contribute to super
Build investment portfolio to provide a retirement income
Use tax effective super to grow asset base
Comprehensive estate planning structure to leave a legacy for her family
Support her grandkids while protecting her legacy

OUTCOMES

She funded private schooling for her grandkids
She now has confidence in her plan while approaching retirement
She has maximised the tax benefits of her super
She has diversified her portfolio to provide her the income she needs to reach her goals and live comfortably
She has certainty after reviewing her will
Her super beneficiaries are structured accordingly