20-30 yrs old

Meet Peter Hendricks & Anne Woodford, Melbourne, Vic

 

20-30 yrs old

Financial Goals:

  • Recently purchased first property and need adequate insurance if either could not work or died
  • Want to save for future education fee’s as they plan on starting a family
  • Anne to consolidate her multiple super funds

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Peter & Anne have been together for 9 years and have recently purchased their first home.

Peter is a retail store manager and earning an income of $55,000.

Anne works for a Medical research company $65,000. Both are based in Melbourne.

Peter & Anne were recommended to Centurion Financial Group from friends.

They were both concerned that if either of them become unable to work or should one of them suddenly pass away that they did not have any insurance cover to protect themselves and were mindful of leaving each other with a large amount of debt that could not be repaid.

Also, having just purchased their first property they were conscious of their budget and cash flow and their ability to save for future expenses such as education fees.

They knew that having the appropriate insurance cover was important but did not know how to fit it into their budget.

Read these real life case studies:

+ Christopher & Tania Banks
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+ David House
+ Judy Peters 


 

 

What Centurion Financial Group did to help them achieve their goals:

  • Firstly consolidate all of Anne’s Super funds (she had 4) into the one saving her 30% in fees.
  • Start a regular savings plan invested in managed funds for future education costs.
  • Finding his clients need to have a sufficient level of insurance cover, a personalised insurance portfolio was recommended for each of the clients consisting of Life insurance to cover any debts should either of them suddenly pass away and an Income Protection policy for each of them which would pay every day & mortgage expenses should either of them be unable to work for a period of time.

 

Knowing the clients cash flow, the insurance cost was able to be funded from the client’s superannuation fund which allowed them to allocate savings from income to be set aside for future education expenses.

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What we can help you achieve

  • Tax  - Effective tax reduction structure
  • Your risk profile – We find the best investment solutions to suit
  • Mortgage and debt elimination – pay your mortgage off faster!
  • Superannuation - Performance review of your current superannuation
  • Investments – Tailored Specific Managed Funds
  • Insurance - Finding the best insurance cover & protection