Georg, age 57, has enjoyed a successful career in the building industry. He’s not sure exactly when he’ll retire, but when he does he’ll still have plenty to do, as he and his wife are expecting their first child. Georg was referred to financial adviser Paul Trosti by his accountant, and says he now considers Paul a friend.
It all started with the divorce. I knew I needed to look after myself. I need to at least maintain my standard of living when I retire, I don’t want to find out I can’t do this or that. I had a certain amount invested in shares, super and property, but it’s not just a matter of having it, I wanted to know what I can do with it.
I was pretty cautious as I’d seen an adviser before and not much was achieved, so I was a bit shy of the scenario. But Paul spoke well and I liked that he wasn’t pushy. We had time to think and come back—that was a big plus as it wasn’t just a sales pitch. Pulling together all my current assets and re-structuring them. He looked at my cash situation and saw where I could invest a bit more and get more return. I wouldn’t have done that on my own. I also have an approved budget, and know where money actually goes.