CASE STUDY
The Early Birds: How Michael & Sarah Are Going To Retire Early
Their Goals
Early Retirement
Break free from the corporate world by their late 50s.
Reduce Tax Burden
They wish to pay less tax and maximise their wealth.
Secure Retirement Income
Maintain their comfortable lifestyle throughout retirement.
About Michael & Sarah
Meet Michael & Sarah, a dynamic couple in their late 40s. Michael, a tech whiz and successful business owner, was a high earner facing a high tax burden. They both dreamt of an early retirement but weren’t sure how to make it a reality.
Family Trust
We consulted with an accountant to explore the potential benefits of establishing a family trust. This structure can offer tax advantages, but requires careful consideration and professional guidance.
Optimal Income Distribution
Collaborating with an accountant, income can be distributed optimally through various entities to minimise tax. At retirement, income will be distributed tax-effectively.
Optimised Super
We focused on long-term growth assets in a cost-effective super fund, in line with their age and risk tolerance. We created a contributions plan to boost retirement savings.
Financial Modelling
We provided financial modelling projections for different scenarios. This provides a visual of the financial impact of different life choices such as different retirement ages.
The Results: A Dream Future
Tax Savings
We projected they’ll save thousands of dollars in personal taxes in the first year.
Early Retirement
By their late 50s, their financial picture will be significantly stronger, we projected they are now on track for their early retirement dream.
Taking Control
Michael & Sarah now feel in control of their finances, they are on track to meet their goals, and receive ongoing guidance every step of the way
Financial Freedom
Having a plan in place to achieve financial freedom gives Michael & Sarah the ultimate confidence.
The Benefits of Strategic Planning
Michael & Sarah’s story showcases the power of strategic financial planning.
Michael and Sarah are well on their way to achieving their dream of an early retirement. They’ve significantly reduced their tax burden through strategies and have optimised their investments for long-term growth. With a clear financial roadmap and peace of mind, they can now focus on the exciting adventures that await them in retirement
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Disclaimer: This case study is for educational and general information purposes only. It does not constitute financial advice. Specific details, including names and figures, have been modified to protect client privacy.
