High Net Worth ($5M +)

Nigel, a successful surgeon, and his wife Francesca, who does not work, are approaching retirement in about three years. Their financial landscape includes eight investment properties with considerable equity but facing challenges due to debt levels, poor returns and time spent managing said properties. With significant insurance expenses totalling $60,000 annually, they are concerned about achieving a sustainable $25,000 monthly income. The complexity of their tax structures and substantial debt add to their financial worries.

Elizabeth (47) and Donald (49) recently received a $4.4 million inheritance, encompassing property proceeds, cash, and legacy shares. Both are still working, with a combined superannuation balance of $1.1 million and a home valued at $1.8 million. They are focused on effective investment of their inheritance, ensuring a secure retirement income, and prudent management of their wealth, including planning for their children's future.

Georgia and Michael, both in their early 50s, are high-net-worth individuals with a substantial portfolio. They own a $4.2 million home in Malvern, and have significant investments, including lifestyle properties valued at $7 million (a farm, holiday home in Noosa, and an apartment in Sydney) with a $1.2 million debt across their investment property portfolio. Their financial assets include a $1.5 million term deposit, $300,000 in cash, an $800,000 share portfolio, and a combined superannuation balance of $2.8 million. Their business, valued at over $10 million, generates annual income exceeding $2 million, though they have no plans to liquidate it. They also have $70,000 in credit card debt.