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Retirement Case Study

Client situation:

SituationBobJane
Age 60 65
Salary $0 $0
Apartment $800,000 - unencumbered
Shares $0 $0
Super $1,200,000 $350,000
Health Good health
Children Chloe age 29, Isabel 25 and Oliver age 32
Insurance Adequate general & personal insurance

Our Advice

  • Ascertain desired spending requirements for retirement.
  • Consider Superannuation Pensions such as account based pensions and converting lifetime complying pensions into market linked pensions.
  • Ascertain whether Bob and Jane want to preserve capital during retirement (so that capital can be transferred to their children and/or grandchildren).
  • Determine investments - including their capital and income characteristics - to analyse cash flows and tax planning opportunities.
  • Ensure that there is no personal insurance.
  • Estate planning, including superannuation assets which do not form part of a person’s estate,
  • Enduring Powers of Attorneys, medical directives, etc.

"Chris and his team at CH Wealth Management have been excellent to deal with for financial planning, estate planning and insurance. I know Chris will look after me and recommend the best direction for our business and for me personally. "

Stu Richardson - Telstra Store Toowong Licensee