Case Study

Pre-Retiree

Client Background

Bob, a Sales manager earning $150,000 annually, and Judy, a part-time teacher earning $60,000, are proud parents of two adult children who are now financially independent.

Their Goals:

Retirement in Six Years: Bob and Judy aim to enjoy a smooth transition to retirement within the next six years, free from financial worries.
Retirement Income of $80,000: They have calculated that $80,000 per year will support their desired lifestyle for 15 years post-retirement.
Travel Plans: With plans to travel the world, they’ve set aside $15,000 per year for the next 10 years and $7,000 per year for the subsequent 5 years.
Financial Security: Ensuring their retirement income is stable and reliable is essential for their peace of mind.

Their Financial Strategy:

Bob and Judy’s journey to financial freedom was supported by our comprehensive planning approach:

Retirement Savings Optimization: We maximized their superannuation contributions and tailored their investments to their risk profile, ensuring a balanced approach to risk and return.
Income Planning: We projected future income streams, including superannuation payouts and potential part-time work, to meet their $80,000 annual target.
Expense Management: Together, we identified cost-saving opportunities, explored downsizing options later in life, and planned for healthcare costs.
Estate Planning: We worked with their solicitors to ensure their estate planning documents aligned with their goals, including updated wills and strategies to minimize tax liabilities for their heirs.

The Benefits of Proactive Planning:

Bob and Judy’s proactive approach to financial planning has given them confidence and clarity as they approach retirement. They are now able to:

Enjoy a Smooth Transition: Confident in their financial resources, they can enjoy retirement stress-free.
Pursue Their Passions: A secure income stream allows them to pursue hobbies, travel plans, and personal goals.
Leave a Legacy: Their assets will be distributed according to their wishes, providing for loved ones and minimizing tax implications.

Your Financial Future Starts Here:

Bob and Judy’s story shows the power of planning. By working with us, they were able to:

Set Clear Goals: Defining their desired lifestyle and income needs provided a solid foundation for their financial plan.
Create a Personalised Strategy: We tailored a plan that addressed their unique circumstances, risk tolerance, and time horizon.
Gain Peace of Mind: A well-structured plan reduced their anxiety about the future, allowing them to enjoy their remaining working years.

Begin Your Journey Today

Your financial dreams are within reach. By partnering with us, you can create a tailored plan that meets your unique goals and secures your future. Start your financial planning journey today and take the first step toward achieving your ideal retirement lifestyle.

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Sydney CBD

Level 57, 25 Martin Place Sydney NSW 2000

Postal Address

P O Box 352,

Paramatta, NSW, 2124

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Disclaimer: Six Pillars Wealth (ABN 68 682 649 538) as a Corporate Authorised Representative (001314068) and Laxmi (Lucky) Manna Authorised Representative (1002602) ; Lionel Iheanacho Authorised Representative (1002528)are authorised by Templestone Financial Services Pty Ltd (ABN 99 641 075 952) AFSL 523831 to provide financial services only. Any advice in this publication is of general nature only and has not been tailored to your personal circumstances. Please seek personal advice prior to acting on this information.

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