People who are retired and require professional management of their investment portfolio and would like to maximise Centrelink benefits and ensure their estate plans are current and in place.
Ken and Julie are in their mid 60’s and have recently retired from the workforce. They have also sold an investment property and have a lump-sum to invest. They are not sure what the best way is to invest the money they have. They want:
* A regular income stream
* Good investment performance
* Stable returns with minimal risk of large investment losses
* To maximise Centrelink benefits
* Provide an inheritance for their children and grandchildren
Their 4 adult children are all non-dependant and they have 2 grandchildren. Upon their passing, they wish for their remaining assets to be distributed to their children and grandchildren and the money be protected from their children’s spouses should their children divorce in the future.
After going through the financial planning process with James, they received advice on how to invest their assets and achieve their requirements (regular income and good, stable returns). Advice was provided to maximise tax-free lump-sum contributions to superannuation working with age based restrictions on how much money can be contributed.
“We are happy with the advice provided by James. We don’t need to worry about managing our investments as we know that we are in good hands.”
Ken and Julie (surname withheld)