CASE STUDY – Woman in Her Late 60’s Needed More than Small Talk

CASE STUDY – Woman in Her Late 60’s Needed More than Small Talk

Woman in Her Late 60’s Needed More than Small Talk

She was a single mum since her child was a few years old. Her husband was unsupportive and grew more and more distant and uncaring and then left them. Now in her late 60’s, what she needed was more than small talk, she needed a strategy, and goal. Our financial planner had assisted her over most of her life – from insurance to Centrelink assistance and retirement preparation.

Feeling a sense of being a small player in the hands of big companies, and finding that reading their reports was a task beyond her understanding, she was delighted to see how learning and understanding investing was not as hard as it seemed, and wanted to know more. But there was a limit! Knowing some basics was great, but the detail she would rather leave to the financial planner and our broker to spend hours on! And she could, because she can learn and participate as little or as much as she wanted, which is the way we run things for YOU.

She saw the logic in having Strategy, Structure and Support

Strategy – to take control of her last years to leave time to enjoy family and friends in her neighbourhood and local club.

Structure – a Self-Managed Super Fund allowed bringing her two pensions, and accumulation super account, and the money from selling shares in a company that had not seen share price increase for years all together in one place

Support – she had full support from a  team with decades of administration, planning, insurance, investment and super expertise

And that meant she could see how her investments were going and just ask occasionally about particular companies were going, and why understand that Return on Equity as one example, required a track record or several years of return above 8% to truly demonstrate management ability that was worth backing.

She decided that our workshops were more than she needed other than the regular discussions and updates she had  with our broker,and emails with summarized results of the companies that passed our 12 criteria for healthy companies.

Where are you with YOUR retirement planning? Start a conversation here!


About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit provides a wholistic SMSF assistance, education and administration service continuum - 1. “assistance” is help of whatsoever nature where our overall SMSF experience and knowledge enables us to provide assistance/help without any legal (or “license”) limitations. 2. “education” involves providing knowledge through teaching, coaching and mentoring about all matters SMSF, including (but not limited to) investment issues such as equities and property, 3. “administration” encompasses all admin aspects of legally required SMSF trustee and member record keeping including (but not limited to) audit and ATO matters. In keeping with our key point that SuperBenefit does not provide Financial Advice, where issues arise from 1, 2, and/or 3 above Indicate a need for a legally authorized provider (such as a Financial Adviser) and the client does not have their own service provider, the client can utilize SuperBenefit’s ‘Connect Assist’ … SuperBenefit, in itself, does not provide Financial Advice, but it does provide the wherewithal for great SMSF service. WE do not provide Financial Advice or any other service that requires a legally authorized provider. However, where such advice or service is required we have our ‘Connect Assist’, a SuperBenefit resource we use to connect clients to a Licensed Advisor or other legally authorised service provider. Call us 0407 361 596, no obligation FREE Connection call to see how we can help you!
This entry was posted in Case Studies of Clients, Superannuation General and tagged , . Bookmark the permalink.

2 Responses to CASE STUDY – Woman in Her Late 60’s Needed More than Small Talk

  1. Gay Withers says:

    Hmmm Very interesting ,all sounds like a good idea, and close to home!


    • Thanks for commenting Gay – There is often a similarity between people – many of us are in similar situations, and while the details need to be carefully considered, sometimes similar general actions are required. The gaol is to keeo it simple as always, but aim with the best knowlegde for the best outcome! That’s why we give unlimited teaching in free seminars for clients, and clients can ask teh broker for as much advice as they require – and combine it with the research they do themselves – we work as a team!


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