Regular saving plan Janet, Peter and Lynne each decided to invest $10,000 with the same fund. Over a ten year period it returned an average of 8 per cent per annum. While Janet made no additional contributions, Peter added $100 per month to his original investment and Lynne added $200…
Ease into retirement Janet, aged 58, is a retail assistant earning $35,000 p.a. ($31,925 after tax). Her current superannuation account balance is $240,000 and she plans to retire from the workforce at age 65. After the birth of her first grandchild, Janet is planning to reduce her hours to help…
Meet Carol At 40 years of age, Carol earns $85,000 p.a. and wants to start investing to ensure a comfortable retirement. Conflicted about the benefits of adding more to her Super versus other investment options she decides to see a financial adviser. Carol’s adviser shows her the potential outcome of…
Simon’s story Simon has been working as a dentist in a small surgery for eight years. Five years ago he took out an Income Protection policy to protect his income in case sickness or injury prevented him from working. While cycling one weekend, Simon was knocked off his bike, resulting…
Karen’s story By the time she was forty, Karen had fulfilled her dream of starting up her own accounting practice. She had always been a fit and healthy person, so Karen knew how crucial her health was to financial security – especially now she was self-employed. So she took out…
When it happens… David was an avid road cyclist. Exploring the National Park near his home was a great way to clear his head after a hard week at work. It was during one of these adventure that he was hit by a motorist and suffered a broken neck. After…
When it happens… Living with his wife Julie and three energetic boys, Darren never got much time to himself. But when he did he liked to swim. Or try to exhaust the family’s border collie by running on the beach. After complaining about headaches for a month or so –…