Had No Insurance Strategy
Over 84% of our clients had no idea what they were covered for, the terms of cover and the conditions of the cover.
David and Kathy are 42 and have three children. While they both love their jobs and they pay well, they have started to notice as the kids get older, their expenses are increasing too. David and Kathy want to comfortably afford their children’s education and activities and at the same time build their retirement savings. As work is stressful, they also want to continue taking regular holidays with the family.
Davies Wealth Management planners can help clients financially prepare to send their children to a good college or university. Starting the college planning process as early as possible usually provides the best results. Planners can assist parents to establish a systematic savings plan and properly invest the funds according to the child’s age.
We reviewed their current 401K & IRAs and insurance to cut out any unnecessary costs. We made sure their retirement plans are aligned with the retirement lifestyle they wanted for themselves and their family and updated their insurance cover so that it continued to provide suitable risk management strategy for their family.
David and Kathy realized the following benefits from Davies Wealth Management solution: