A 60-year-old client, Mick McKormack approaches you about one of the services that your organisation offers. Mick had built a successful career as a senior executive in the logistics industry. He is thinking of investing some of his savings to achieve his ideal retirement plan. He currently has 1.2 million dollars in super and a house worth around $785,000. He currently does not have any life insurance or income protection insurance.
He wants to maintain his comfortable lifestyle once he retires. He is open to ideas on how he can have an adequate income to keep visiting his family overseas regularly. He maintains a healthy lifestyle and has no underlying health concerns. He thinks $100,000 a year would be a comfortable amount for him to live on.

 

Email Mick to advise him the list of services you can provide to assist him. You will need to email according to legislation, regulations and codes of practice, and organizational policies and procedures.

Answer rating: 100% (QA)

Dear Mick Thank you for considering our organization to assist you with your retirement planning We have a range of services that can help you achieve ... View the full answer