After a successful 30 year career in corporate HR in Sydney, Kay had decided to make a ‘tree change’ and moved to Orange, NSW.
At this stage in her career, Kay had two big questions that she wanted to be able to answer
- How do I ensure I have enough money in retirement to live the life I want to live?
- How can I ensure that my family is secure in the future?
Kay wanted to ensure that she was making the right decisions when it came to restructuring her property portfolio, using her super as efficiently as possible and working towards a super balance that would support her life once she finished work.
Ultimately, Key wanted to be confident that she had a plan that would take her to where she needed to be at the point of retirement and beyond, no matter what bumps may appear in the road.
How we worked together
In the past, Kay had consulted a financial adviser for one-off issues when needed, but had never built a long-term partnership with an adviser or had a solid plan to follow.
In Kay’s own words, ‘money is extremely important to me, but not necessarily interesting‘.
I therefore wanted to build a plan that would give her the confidence that she was on track, without her having to check her portfolio every other day.
We began with a review of Kay’s situation. She had just sold her Sydney property, and was looking for advice on what to do with the proceeds of the sale, as well as how to structure her portfolio to ensure that it had the right balance of risk and return for her stage of life and goals.
The investment mix was calibrated to ensure that it would get Kay to where she needed to be at the point of retirement – enough equity growth and income to continue to grow, but defensive enough to ensure that she wouldn’t be set back by a downturn.
Once the portfolio was set up and the plan was in place, I continue to monitor it and appraise Kay of any potential issues or make recommendations as the situation changes. Kay also continues to come to me with questions about her investments and we work through the decisions together to ensure that she is comfortable with the risk involved and continues to move towards her goal.
From being in a good financial position but with no firm plan in place, Kay is now confident that she is on track to be where she needs to be at retirement and beyond.
While no portfolio is ‘set and forget’, Kay now has a sense of confidence the she has made the right decisions and will be able to continue to do so:
“Working with Rachel has really built my feeling of security – I now have real peace of mind when it comes to my finances.
I feel comfortable that I’m on track to achieve goals, and will be able to deal with anything if it comes up“
If you’re in a similar stage of life to Kay and would like to ensure you’re making the right decisions to be in the best possible position at retirement and beyond then I’d love to help. Just drop me a line using the form below and I’ll get straight back to you.