Client Success Stories
Our client success comes in all shapes and sizes. Discover how we’ve helped businesses, families and individuals around Australia reach their financial goals, and how we can help you.
The following case study related to a real life example of how we helped Michael and Kirsty achieve the following SMSF savings
Fee saving in the 1st year
$
0
Fee savings over 5 years
$
0
+
Fee savings over 10 years
$
0
+
Whilst this is an actual example, all personal details have been changed, for confidentiality purposes.
Our Clients
Michael and Kirsty were referred to us by a friend. They were concerned that their superannuation funds were not being maximised, and that they were paying excessive management and financial advice fees. They heard a lot about self-managed super funds and wanted to find out whether it would be a viable option for them.
They had 4 retail super funds with a combined value of $1,303,101.
The problems before we got involved
- Whilst Keith and Bernadette owned a modest investment portfolio, their ineffective tax structure had limited their capacity to build additional family wealth
- They were making significant principal repayments on their investment loans, which was effectively increasing their tax liability and providing zero return on principal
- We created a tax-free funding facility to provide additional cash flow to increase investment potential and to provide emergency funds that can be used to continue to fund their wealth creation and lifestyle regardless of what life throws at them
- We gave Keith and Bernadette the confidence they required to safely purchase and fund additional investment properties over time
How RNO Financial helped Keith and Bernadette
- We created a tax-free funding facility to provide additional cash flow to increase investment potential and to provide emergency funds that can be used to continue to fund their wealth creation and lifestyle regardless of what life throws at them
- We conducted a financial health diagnostic to clearly understand what they wanted to achieve from a lifestyle and financial point of view, as well as what financial assets and resources they had to work with
- We considered multiple scenarios and customized a financial roadmap, detailing – step by step – tax strategies and investment options available and required to reach their goals
- We gave Keith and Bernadette the confidence they required to safely purchase and fund additional investment properties over time
The results
- We created a tax-free funding facility to provide additional cash flow to increase investment potential and to provide emergency funds that can be used to continue to fund their wealth creation and lifestyle regardless of what life throws at them
- They were making significant principal repayments on their investment loans, which was effectively increasing their tax liability and providing zero return on principal
- We considered multiple scenarios and customized a financial roadmap, detailing – step by step – tax strategies and investment options available and required to reach their goals
- We gave Keith and Bernadette the confidence they required to safely purchase and fund additional investment properties over time
- We restructured their investment loans so that they can increase their tax benefits and surplus cash flow
