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When Graham, a single gentleman in his late 60s, relocated to the Gold Coast after receiving an inheritance, he knew his financial arrangements needed restructuring. Much of his wealth was in cash with only a small amount in super and his retirement income was modest. Graham wanted more flexibility to enjoy his lifestyle — particularly travel — while making sure he could keep his Age Pension and concession card benefits.
Client Stories - Retired
Graham’s Retirement Reset
Client Overview
The Challenges Graham Faced Included
- Most of his money held in low-earning cash accounts and a desire to increase his income
- A very small super balance, and significant frustrations with poor service from his existing super fund
- The preference to maintain Centrelink benefits while improving his income
Our Solutions Focused On
- Making the most of his downsizer and non-concessional contribution opportunities, shifting a large portion of his cash into super for tax-free growth and income
- Recommending a superannuation fund with a lower-fee structure and much improved customer service experience
- Establishing an income stream providing guaranteed income for life while also receiving favourable Centrelink treatment
- Adjusting his portfolio to a more suitable investment mix, matching his comfort level while building sustainable tax-free income at a level in-line withhis lifestyle
- Ensuring his superannuation is structured to maximise the amount that his three daughters will inherit tax-free
- Providing ongoing guidance and Centrelink support, including acting as his authorised representative and reviewing his strategy regularly
Where Graham is Now
Graham now enjoys a 25% increase in retirement income, giving him more freedom to travel and enjoy life while still keeping his Age Pension and concession card benefits. His super is streamlined on a flexible, low-cost platform, his investments are diversified, and his additional income stream gives him peace of mind that part of his income is guaranteed for life.
Graham described the process as clear and collaborative, appreciating that complex strategies were explained in plain language and implemented step by step. He especially valued knowing that his options were compared thoroughly, his deadlines were met, and that he has ongoing support whenever he needs it. Today, he has both the income and confidence to enjoy the next stage of retirement on his terms.
These stories are real client stories. For privacy protection, we have changed their name and used an stock image.
