Daughter of our long term client needed financial advice and knew she had to speak to us given what her parents have always said to her. She has always struggled with her finances and never had extra money to build up her retirement nest egg. Her mother has recently passed away and she is now in the process of selling her mother’s home and will come into a lump sum of money that she has never imagined she would have.

She was nervous as to what she should do and how best to make sure this gift her parents have left her is not whittled away and to ensure that she can actually have a comfortable retirement and spend some time and money on herself having been through so much throughout her life. She knew that she needed advice to ensure she did not make any mistakes that could not be reversed.

Having provided trusted financial advice to her parents for many years she has always been advised by her parents to come speak to us to discuss her advice needs. As she needed to speak to someone she can trust she turned straight to us for advice. She wanted someone to provide her with a strategy that would enable her to have a comfortable retirement, explained everything in easy to understand terms and not add unnecessary complications to her situation.

We spent a large part of the meeting getting to understand what it meant for her when she talked about retirement. We took the time to understand what her financial needs are, what she wanted to achieve in retirement and explore all of her goals that she had but never thought she would be in the position to obtain.

After understanding all her goals I provided her with various possible options with the funds and provided direction as to what is best for her situation. Talked to her about how money will be invested over the long term, discussed how we would structure the funds and showed her how we will be able to achieve her comfortable retirement goal.

Throughout the meeting we also touched on other matters such as how she will be able to help her daughter with her finances in the future and briefly explained about the need for asset protection for her daughter if there were to be gifting involved.

She left the meeting still in disbelief that she will be in the position to have her comfortable retirement and be able to spend some time and money for herself given this has never been and option. Knowing that she has someone that will manage her money and provide sound financial advice has her feeling confident that she will be comfortable for the rest of her life and never needing to worry about money again.