YFS Booklet 2022 - MD Clients

STORY

2022 EDITION

YOUR

YOUR

GOALS & OBJECTIVES

Goals are general guidelines that explain what you want to achieve in your community. Objectives define strategies or implementation steps to attain the identified goals. Unlike goals, objectives are specific, measurable, and have a defined completion date.

INVESTMENT PROPERTY

Do you own an investment Property?

Have you paid it off e.g. no investment

If not, do you wish to have your own one in the future?

HOUSE

Do you own your own house?

Have you paid it off e.g. no mortgage?

If Renting, do you wish to have your own home in the future?

HOLIDAY OVERSEAS

Do you take holidays overseas?

If yes, where would you like to go?

How much will it cost?

CARAVAN

Do you own a Caravan or Camper Trailer?

If not, do you wish to own one?

How much will it cost?

RETIREMENT

At what age do you wish to retire?

How much do you wish to retire on e.g. $50k per annum?

Do you think you will reach this goal before retirement?

Would you like to know if you will or will not reach this goal by doing some modelling?

QUESTION

Is there a goal you would like to achieve/obtain in the future not listed above?

What is it?

BUCKET LIST

What is on the top of your bucket list to do?

1.UpgradeCar

2.AnnualTrip

3.HouseRenovation

4.Upgradeoursolarpanelsandbatterysystem

How much will it cost?

How much will it cost?

YOURPERSONALINSURANCE

Last Completed:

01-10-2021

Jack

Trauma Cover

Income Protection Cover (IP)

Life

Business Expense:

Last Completed:

01-10-2021

Jill

THE current AMOUNT

Policy Number:

Trauma

Total and Permanent Disability Cover (TPD) SUM INSURED:

Income Protection Cover (IP)

Expense:

Child Cover: SUM INSURED:

YOUR RISK PROFILE

Strategic Asset Allocation and Risk Profiles

This table provides an overview of the defensive/growth splits and underlying assets allocations for the new risk profiles.

International share allocation can be a combination of hedged and unhedged strategies; a ratio of 50% / 50% is recommended. International Shares may also include an allocation to emerging markets depending upon client’s circumstances.

**Diversified Alternatives have been classified as both defensive and growth assests at a ratio of 50% / 50%.

YOUR INVESTMENT PROFILE

years

The Defensive risk profile is designed for investors with a minimum three-year timeframe or those that seek a portfolio invested predominantly in interest bearing assets, with a small proportion of growth assests. This portfolio also suits investors who give a high priority to the preservation of capital (while understanding loss is still possible) and are therefore willing to accept lower potential investment performance, hence the 85 percent exposure to defensive assets (cash and fixed interest).

If the risk tolerance score is zero, a cash account should be considered.

Conservative12-293 years

The conservative risk profile is designed for investors with a minimum three-year timeframe or those seek a diversified portfolio of interest bearing and growth asset classes, with an emphasis on interest bearing assets. This portfolio also suits investors seeking a lower level mof investment value volativity, and therefore willing to accept lower potential investment performance, hence the 70 percent exposure to defensive assets (cash and fixed interest.

Balanced30-445 years

The Balanced risk profile is designed for investors with a minimum five-year timeframe. This portfolio also suits investors who desire a modest level of capital stability but are willing to accept moderate investment performance, hence the 50 percent exposure to growth assests (shares, listed property and infrastructure) and 50 percent exposure to defensive assets (cash and fixed interest).

Growth45-597 years

High Growth60-749

years

High Growth Plus 75-10010 years +

The Growth risk profile is designed for investors with a minimum seven-year timeframe or those who are willing to accept higher levels of investment value volatility compared to more defensive options in return for higher potential investment performance. Some exposure to interest bearing assets is stil desired, but the primary concern is a higher return, hence th 70 percent exposure to growth assets (shares, listed property and infrastructure).

The High Growth risk profile is designed for investors with a minimum nine-year time or those who are willing to accept high levels of investment performance. The 85 percent exposure to growth assets (shares, listed property and infrastructure) means that capital stability is only a minor consideration.

The High Grow Plus is designed for investors with a minimum ten-year timeframe or those who are willing to accept very high levels of investment value volatility to maximise potential investment performance. The 95 percent exposure to growth assets (shares, listed property and infrastructure) means that capital stability is not a consideration.

PRIMARY RESIDENCE & OTHER ASSETS

Assets Name: Address: Suburb/Town: State: ate of Purchase:

Purchase Price:

Current Value:

VEHICLES & CARAVANS

Assets Name:

Purchase Price:

Current Value: Description:

2014ToyotaBlackAvalonHybrid

Assets Name:

Purchase Price:

Current Value: Description:

ACCOUNT - SAVINGS & TERM DEPOSIT

YOUR SUPERANNUATION

WewillalsoorganizedforaFREE GeneralInsuranceReporttobeprepare comparing your current policies with what isoutinthemarketplace.Ifour generalinsuranceteamcanprovide better pricing they will let you know.

Just some of the areas Craig can providecomparison quotes on:

ESTATE DETAILS

A.Do you have a will?

YOURESTATE PLANNING NEEDS

B.When was your Will last reviewed?

C.Have your circumstances changed since your last review?

D. Does your Will make provision for the use of testamentary trust?

E.Executor of Will

F.Who are the Beneficiaries of your Will?

OURBINDING NOMINATION

WHAT YOU MIGHT NEED YO SAVE UP FOR RETIREMENT

Source: https://www.superannuation.asn.au/resources/retirement-standard

for various households and living standards for those aged 65-84 (March quarter 2022)

for various

and living standards for those aged 85 (March quarter 2022)

ASFA Retirement Standards for retirees March quarter 2022 for retirees aged 65-84