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CASE STUDY: 40-SOMETHINGS

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This couple came to see us as they struggled with the money issues involved in blending two families following each of their separate divorces. Having had sometimes bitter experience of how money issues can come back to bite you, they needed a long-term plan as to how best mange their quite substantial incomes, and what to do with the surplus funds. Should they pay off their houses (which were both now being used as investment properties), should they invest now rather than reduce debt, should they invest via superannuation or personally, how could they accumulate funds to purchase a home together?

For these clients a detailed and clear path forward was essential. Much of our time was spent analysing their lifestyle cash flows to work out what they could safely commit to a debt reduction and investment program. In particular, their stated aim of purchasing a home together in five years time needed to be provided for, yet they wanted to retain at least one of their former homes as an investment. We were able to reassure the clients that this could be achieved, and also that their longer-term goals around retirement dates and income needs were also possible.

This was a case where long-term modelling of someone’s financial life was necessary. We were able to build some sophisticated models then work through some what-if scenarios with the clients so that they could have the confidence they needed as they move into the next phase of their lives together. We found this a particularly challenging yet rewarding assignment and were delighted with the positive feedback we received when we presented our findings to the clients.

WHAT HAPPENS WHEN YOU WORK WITH INNOVUS

INITIAL ENQUIRY

Send us an email and one of our team will be in touch to introduce ourselves and to find out how we can best help you.

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GETTING TO
KNOW YOU

Let’s sit down and have a coffee and talk about what you want to achieve and how we can help.

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FILLING THE GAPS

Time to get serious and collect some hard data so we can get to work

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IT'S SHOWTIME!

Now it’s time to show you what we have done and to explain how our recommendations will work for you

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WELCOME TO
THE FAMILY

Now that’s a wrap! You are officially part of the Innovus family. We need to decide on ongoing services, so the party ain’t over yet!

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LEARN MORE ABOUT YOUR MONEY

Paul is your personal advisor and wants to share some of his insights after 40 years in financial planning with you.
Read some of our thoughts on finance, business and personal growth here.

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