CASE STUDY

Adulting Your Money

“Kearsten and Cynthia have been my financial planners for a year now and we've found them to be exceptionally valuable to helping us getting our ducks in a row and feeling better prepared for the future.”

Name, Title

Meet Our Clients

A highly successful, dual-income couple with young children, juggling demanding careers and family commitments. They have solid cash flow and are close to being debt-free but have limited time to plan their next financial moves.

The Challenge

They’ve been diligent in paying off their mortgage and are now nearing the finish line. In their early 40s, they are considering the next step. They want to upgrade their home but are unsure if they should buy a second property and turn their current one into an investment. They’re also curious about how upgrading their home will affect their financial position, especially since they’re close to being mortgage-free.

While their employer offers good super contributions, they haven’t been salary sacrificing.
They don’t have wills in place yet.

They want to make informed financial decisions to position themselves for an early exit from the workforce. They also aim to set their children up for a secure financial future.

Their banking is consolidated into one account, and they don’t have a defined budget.

Values: Financial security and independence, the freedom to live life on their own terms, supporting their family, adventure, and residing in an environment they love.

The Solution

We ran several scenarios for upgrading their home, comparing the options of selling versus renting out their current property. By illustrating the pros and cons of each, they could better understand the financial impact of their choices.

These scenarios were then tested against their core values, such as financial security, reducing reliance on high-income jobs, and staying debt-free.

Through this process, they decided to focus on investing over the next 7 years to build an asset base that would enable them to buy their dream home outright while staying on track for an early retirement.

We established an investment strategy for their surplus cash flow and developed a cash flow management plan to structure their income and expenditure. This included a new banking structure that set clear spending guidelines to help them stick to their budget. We also ensured part of their income was set aside for specific goals such as cars and holidays while capturing surplus cash flow for wealth accumulation strategies.

An investment bond was set up for their children, with a tax-managed initial investment and regular savings plan.

We conducted a super review to maximise contributions and aligned their investments with their risk tolerance and long-term goals.

Finally, we recommended an estate plan and introduced them to a solicitor.

The Result

They are now empowered to make informed decisions about their future.

A solid investment strategy to help them accumulate wealth.
A clear cash flow plan that captures surplus income and directs it toward wealth generation.
An investment strategy for their children, giving them a significant financial head start.
A super strategy that builds wealth for their retirement.
A mix of wealth-building strategies both inside and outside super, enabling them to retire early and future-proof their finances against legislative changes.
An estate plan that ensures their family is protected in the event of death.

Adulting Your Money

CASE STUDY