Pathfinder Modelling Options

Asset Type

Modelling options in Pathfinder

Outside scope of online modelling, but may be possible with a workaround or background adjustment. For more see Modelling outside the scope of Pathfinders' standard modelling

Family home

• Keep or sell an existing family home

• Buy a new family home

For more details, see Family home

Convert home to investment property (and vice versa) - a workaround is available. See How to convert a family home to an investment property (or vice versa) - a workaround

Investment property

• Keep or sell an existing investment property

• Buy a new investment property

For more details, see Investment Property

Cash account

• Keep a cash reserve

For more details, see Cash

Fixed Interest

• Keep an existing Fixed Interest asset

• Purchase a Term Deposit or Australian Bond as a one-off or over multiple years

For more details, see Fixed interest (term deposits, government bonds)

Shares/managed fund

• Keep, sell or buy shares/managed funds

• Control balance and/or deposits

For more details, see Shares/Managed fund .

Borrowing to buy shares. See Secured loan | Strategy-Development-Service-(SDS)-and-Background-adjustment-options

Insurance bonds

• Specify required deposits/withdrawals

For more details, see Insurance bond

Lifestyle Assets

• Used for estimating Age Pension payments

For more details, see Lifestyle asset

Annuities

• Keep an existing annuity

• Purchase a new annuity

• Start with direct funds or funds from super

For more details, see Annuity

• Jointly owned annuities

Liability type

Modelling options in Pathfinder

Outside scope of online modelling, but may be possible with a workaround or background adjustment. For more see Modelling outside the scope of Pathfinders' standard modelling

Secured loans

• Loans financing investment properties and family homes (including if secured by another asset)

• Offset accounts

• Control repayments, pay off loan early

For more details see Secured loan .

• Borrowing to buy shares

• Lines of credit

• Refinance a loan

Unsecured Loans

• Existing unsecured loans only

• Control repayments, pay off early

For more details, see Unsecured loan

• Take out a new personal loan

• Refinance a personal loan

HELP/HECS debts

• Existing and future debts

• Control repayments, pay off early

For more details, see HELP debt (a.k.a Higher Education Loan Programme debt, HECS debt)

Option

Modelling options in Pathfinder

Outside scope of online modelling, but may be possible with a workaround or background adjustment. For more see Modelling outside the scope of Pathfinders' standard modelling

Retail and industry super funds

• Rollover, keep minimum balance

• Open a new super account

• Change investment options, keep investment options in a ratio

• TRIS and account-based pensions

For more details, see Superannuation (a.k.a Super)

• Unusual pensions (e.g. reversionary pensions, defined benefit)

• Complex investment controls

Self-managed Super Funds (SMSFs)

• Start a new SMSF/Close SMSF

• One or two members

• Investments: Cash, shares/managed funds, fixed interest, properties and their mortgages

• TRIS and account-based pensions

For more details, see SMSF (Self-Managed Super Fund)

• Loans on shares/managed funds

• In specie asset transfers

• Three or four members

• Complex control of assets

Option

Modelling options in Pathfinder

Super contributions

• Control or optimise voluntary pre-tax and after-tax contributions.

• Set a non-default super guarantee

• Spouse super splitting can be included or excluded

• Super guarantee, Low income superannuation tax offset (LISTO), spouse super contributions and co-contribution are calculated and optimised automatically

TRIS

• Include or exclude a transition to retirement income stream for an individual

Account based pension

• Determine rollovers and withdrawals to meet expenses

Government Age Pension

• Include or exclude Age Pension payment estimates

Option

Modelling options in Pathfinder

Life insurance premiums*

• Life/TPD, Income protection, Trauma

• Keep, open, close

• Pay directly or pay from super

• Increase premiums year-by-year

Income

• Stop or change value year-by-year

• Estimate tax offsets/rebates

For more details, see Income

Expenses

• Stop or change value year-by-year

• Pay directly or pay from super

• Pathfinder will put aside funds for future expenses

For more details, see Expenses

Option

Modelling options in Pathfinder

Outside scope of online modelling, but may be possible with a workaround or background adjustment. For more see Modelling outside the scope of Pathfinders' standard modelling

Length of projection

• Can choose between 10 and 20 years

• Analysis starts 1 July of financial year

• Projections for more than 20 years

• Mid-year start dates

Compare scenarios

• Compare outcomes from different scenarios

Assumptions for returns & fees

• Optimo has defaults which can mostly be overridden in each case

• It is also possible to set up Custom organisation assumptions. For more, see Custom organisation assumptions

Results

• Summary reports, action items, charts, detailed report tables, comparison charts

• Strategy paper and SOA with Optimo default template (contact us for custom templates)

• Customised results beyond the scope of Optimo Pathfinder are available on request