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.

The Task: You are required to use your own case to generate a SOA (Statement of Advice) using the XPLAN software by completing the relevant steps based on the assumed scenarios. You need to generate and submit the SOA in a PDF file that details your investigations, suggestions, advice, recommendation, etc. These should specifically address each of the above client objectives. You also need to submit any supporting evidence as appendices such as charts, tables and file

Details on Superannuation:

Client:

Balance: $175,000

SG: 9%

Age 50

Income: $140,000

Lynn:

Balance $100,000

SG: 9%

Age 47

Income $75,000