Clients Objectives:

You plan to use $7,000 from your NAB savings account to make an investment. The goal is to accumulate sufficient money towards a holiday through this investment. You plan to take 3 years from now. As a family you all anticipate to spend $20,000 on this holiday.

Consolidate home loan and personal loan into a new home loan at the current interest rate of 3.25% p.a. for the term that matches the current home loan. You and Lynn will continue to pay regular monthly payments.

Together you and Lynn require at least $1,400,000 for retirement. Both you and Lynn plan to retire at the age of 60 and expect to spend $70,000 p.a. during retirement.

what is Risk Profile Reason?

Points of Consideration?

Strategy Comments?