Their Challenges
Miss W came to us 2 years before she was due to retire. She had worked hard and paid off her mortgage and had 2 investment properties with small mortgages left on each. She had a healthy balance in super and some cash at hand. She wanted to keep her finances separate from her partner as they both had adult children and wanted to keep their wealth separate for the benefit of her estate.
How We Helped
- Assist with a property strategy that would reduce tax now and in retirement. We also discussed the pro’s and con’s of downsizing. She was happy at her current home for now but may relocate in the future.
- Help her retain a diversified portfolio of assets across shares, property and cash to give her confidence in retirement that her income would support her wll into her 90’s
- Ensure her superannuation was set-up to be tax effective and avoid the 17% tax applicable if the money was to pass to her adult children, potentially saving her estate ten’s of thousands.
This case study is illustrative only and is not an estimate of investment returns you will receive or fees and costs you will incur.
