Previous Situation

Age: Both 40
Dependents: 2 children: Tom 4, Jane 2
Income: $53,200 & $23,000
Assets: Home $260,000 (+ equip motor vehicles etc)
Liabilities: $175,000 (25 yr home loan plus personal loans & credit cards)
Superannuation: Approximately $40,000

The Objective:
Build enough assets to provide an income of approximately $43,000 per
year to support their retirement, provide a quality education for the children
and enjoy a few “luxuries” in life along the way.

The Previous “Plan”:
As is – use superannuation and maybe downsize the house.

The Master Achiever Approach

The Challenge:
Maintain a happy and balanced lifestyle without spending more than we earn.

The objective:
Control debt, build enough assets to provide an income to support our retirement and maintain quality of life today.

The Plan:
Simple and low risk – nothing complicated.

The Present: In 3 ½ years they have:· Reduced their loans by over $32,100· Have saved over $34,600 in unnecessary interest and payments· Control and manage money easily without really budgeting· Have improved lifestyle and choices. Started some investments.· They will be totally debt free in under 10 years!· Will save over $106,000 in interest payments! Increased their net worth by more than $165,800 already!

The Future: More money to spend and enjoy· Acquire two other investments (in less time than current home previously!). Own over 3 million dollars in assets (debt free).· Retire on equivalent of $43,000pa for 28 years! (Totally self funded).
Retire 4 years earlier (if they wished)· Keep own home (if desired).

* All outcomes are derived from the actual progress as identified in the projections provided in the Debt, Cashflow & Asset projection software
utilised by the program.