CAIMS: Case Study
Jack and Jill are two teachers. Jack is an Assistant Principal and Jill is a top-of-the-scale Teacher. In their current situation and CAIMS outcome is shown below:
| Retirement Income | $46,000 |
| Tax Saving | nil |
| Retirement Position | $618,091 |
| Estimated Debt | $136,000 |
| Realistic Retirement Timeframe | 17 years |
| Desired Retirement Income | $70,000 |
| Desired Retirement Timeframe | 10 years |
| GOALS SHORTFALLS | |
| Years past desired Retirement | 7 years |
| Retirement Income Shortfall | $24,000 |
Under the CAIMS program and management of First Capital, Jack and Jill can retire in their desired timeframe of 10 years, and on the income they desired of $70,000 - and enjoy a $45,000 tax saving along the way! Sound to good to be true? The CAIMS program is designed to set and map out your retirement aims so as to have a minimal impact on your current lifestyle, and yet use all available resources to reach your desired outcomes.
In this example we increased the clients retirement savings by almost 50%, but most importantly they have the ability to retire when and how they choose. The CAIMS program has the resources to make this possible.
Note: This is an example, this is not advice. It is intended to provide an outline of an example CAIMS program. You should not act upon this information without obtaining suitable advice.