Our Advice To You

Prepared for
Taylor Swift
123 Blank Space Court
Melbourne VIC 3000
Date 28/10/2024
Prepared by
Patrick O'Keefe B Bus AdvDip (FP)
Financial Adviser
ASIC REGISTERED ADVISER Licence No 232514
Taylor, you sought assistance for the following
To grow your super
To make sure your retirement savings are invested in line with your risk and return preferences
Other considerations
Through discussions, we uncovered that you have an unmet insurance need, however, do not want to pay additional premiums this close to retirement. While we realise that dealing with this is not your priority right now, not addressing this could leave you and your family unprotected should something happen to you.
Review your super
What to do
Why
Switch your investment options to the following:
- 50% balanced
- 50% Conservative Balanced
- You are not willing to accept the risk of more frequent or larger losses to attempt to achieve higher returns, even though it may result in a higher investment balance and higher income in retirement.
Make a binding death nomination on your super account
- 50% balanced
- 50% Conservative Balanced
Make a binding death nomination on your super account
- To ensure your super is paid to the people of your choice in the event of your death
Want to know more?
Watch the video on how on investment choice can impact your retirement
Our Advice: Contribute to your Super
What to do
Why
Make regular salary sacrifice contributions of $150 per fortnight into your Hostplus account
Make a lump sum contribution of $50,000
- Despite these funds being locked away until retirement, you will have sufficient income to meet your living costs
- You will boost your retirement savings by approximately $75,000
- Making concessional contributions will reduce your Overall tax by $1,050
Want to know more?
Watch the video on how on investment choice can impact your retirement
What will you pay
What advice fees will you pay?
Any further advice may incur additional fees.
Advice fee
$123
Implementation fee
$0
Total advice costs
$123
What product fees will you pay?
As a result of switching investment options & investing more in super your fees will change as shown in the table below
Want to know more?
How investment fees can impact your final retirement balance
Existing Plans
Proposed Plans
Product Name
Hostplus Super (Industry)
Hostplus Super (Industry)
Account Balance
$400,000.00
$500,000.00
Total Ongoing Fees
$4,652.25
$2,627.25
%
1.1%
0.55%
Well done on seeking help on taking control of your retirement, to get the benefit of this advice it’s important you take the following steps.
Implementing your advice
What
When
Who
How
Checklist
Immediately
Taylor
- 50% balanced
- 50% Conservative Balanced
Immediately
Taylor
Immediately
Taylor
Immediately & Ongoing
Taylor
Immediately
Taylor
Want to know more?
Watch the video on how superannuation can help you meet retirement goals