PRUDENT RETIREES
Donald and Margaret were both aged 59 and had been happily married for 32 years when they retired with reasonable wealth in the early 1990's. When Don and Margaret came to us they were looking to do what most of their friends and other retirees do: live off a low interest return and draw down on capital for the balance of their living needs until the money ran out. We estimated that their capital would run out within 20 years.

By structuring Don's termination payments in the most tax-effective manner and by maintaining the majority of their wealth in a tax-effective structure, they have been able to draw down their desired income stream with no tax over the past 15 years. Through our capital maximisation techniques they have today grown their investible wealth to in excess of $1.3m.

It is rewarding to see Don and Margaret's lifestyle initiatives, particularly the enjoyment they have received from their regular overseas holiday, after having forgone such opportunities throughout their child-raising years.

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