Meet our clients living the ‘healthy wealthy happy’ life today

Nurturing investing confidence
by Jules Knox | 19 February 2018

What were their challenges?

Matt was earning a good salary and Nicole had just returned to work after their youngest child had started school. They were paying off a mortgage and had no other debts. They were good at managing their money but felt they could be doing better and wanted to use their surplus income towards investments and growing wealth, but didn’t know where to start. They also wanted to send their boys to Catholic high schools and have a couple of big family holidays to the USA and Greece.

What did they overcome?

This had to do with a lack of education around investments, so inability to act out of fear of making the wrong decision. As a result of their lack of experience with investing, and parents that were also very risk averse, they had been fairly conservative to date. Through education and a slow and steady approach to their investing they are now comfortable with the various asset classes and how they are helping to meet their short, medium and long term goals.

How did I help?

Initially, with a mortgage restructure and cash flow advice to help pay down their home loan sooner while saving for their holidays, factoring in an emergency cash buffer and putting a little aside for investing.

We helped put in place a plan to start a small investment portfolio and regular savings plan as well as advice on their superannuation investments and contributions.

Once they were comfortable with their savings capacity, we helped them with the purchase of their first investment property. After one year and after reviewing their position, they were able to purchase a second investment property.

With growing confidence in their own strategies they have continued to grow their investments and are close to paying off their home loan, have taken annual overseas holidays including extended holidays to the USA and Greece, and are on track for a comfortable retirement in around 15 years’ time.

What did they learn that I can share?

If not confident with investing, using savings to pay extra off the mortgage can be a good strategy. However, with some education and sound financial advice, there are often more effective ways to use surplus income that led to possibly bigger and better outcomes.


Completed an Evalesco Health Check on existing loans
Provided a mortgage restructure
Provided cash flow advice to allow for paying off mortgage quicker
Created an investment portfolio
Provided advice on their superannuation investments and contributions
Assisted with the purchases of two investment properties


Share on Facebook

Share on Email

Share on Linkedin


Sign up to get the latest insights with our newsletter delivered straight to your inbox

“How do I know how much money I will need to retire?”

The amount of super you’ll need when you retire depends on your big costs in retirement and the lifestyle you want. The Associate of Superannuation Funds of Australia (ASFA) estimates for a single $44,224 a year and for couples $62,562 a year is how much you may need. This is only an indicator and our advisers assess everyone’s individual circumstances.

“Why should I pay for financial advice?”

The fees we charge for financial advice is only a fraction of the value we derive for our clients, meaning our clients are always better off after seeing us. Rarely do we encounter a new client invested appropriately for their needs, with adequate risk protection, structuring and estate planning provisions in place. Even small tweaks to a financial plan over a long period of time can result in drastically better outcomes for our clients which eclipses the fees of the financial advice. Additionally, you can opt-out of an ongoing fee arrangement at any time.

“How do you charge for your services?”

In our discovery meeting with you our advisers discuss the initial advice fee and the ongoing fees associated with our services.

“What is the process for getting our own personal financial plan?”

After our initial phone call to discuss why you are seeking a financial adviser, we arrange a discovery meeting that outlines what is important to you, your current position, our areas of advice, our approach. We then present a Statement of Advice (SoA) to discuss your goals and our recommendations and go through the steps of how to proceed to the implementation stage. After signing the SoA, we discuss your questions, get you to sign the authority to proceed and complete any application forms before implementing the recommendations detailed in the SoA.

“Should I pay more off my mortgage or put more money into super?”

One thing to consider is the interest rate on your home loan in comparison to the rate of return on your super fund. Before making a decision, it’s also important to weigh up your stage in life, particularly your age and your appetite for risk. Whatever strategy you choose you’ll need to regularly review your options if you’re making regular voluntary super contributions or extra mortgage repayments. As bank interest rates move and markets fluctuate, the strategy you choose today may be different from the one that is right for you in the future

“How do I know Evalesco is the right fit for me?”

We know the impact of good holistic financial advice can make and we have the life experience, technical capability and quality support team that can make that difference for you. We’ve empowered over 1000 families through the delivery of great financial advice, to be healthy, wealthy and happy.

“How will I measure the value or success of receiving financial advice?”

We believe the true value of financial advice isn’t found in dollars and cents (although this is important too!) but in the peace of mind a financial plan can provide. It’s knowing where you want to go and how to get there, with a dedicated team behind you every step of the way.

previous arrow
next arrow

Evalesco Financial Services Level 17, 20 Bond Street Sydney NSW 2000
Phone: (02) 9232 6800

Evalesco Financial Services Pty Ltd is a Corporate Authorised Representative (325313) of Australian Advice Network Pty Ltd.

ABN: 13 602 917 297 AFSL: 472901