Case Study: Discovery Meeting Goals

Have you been interested in working with a Wealth Coach or Financial Adviser but want to learn a little more about the process first? For each Client, our first meeting is all about discovering your current situation and your goals, essentially what your ideal life looks like. To help you understand what to expect we share below the details of a discovery meeting Ryan recently completed with a new client.

Had a great discovery (initial) meeting with some new clients this week.

They are both 30 years of age, have a household income of $260,000 per annum, and have a healthy savings balance to help with their #1 goal.

Their goals list includes the big 3 – buying a property, paying for a wedding, and starting a family. As well as building an investment portfolio that will help with their forever home purchase and early retirement goals.

Here is the goals list we discussed that we will base their financial strategy around.

Our Goals List


#1 – Purchase a home for up to $1.5M within 12 months.

#2 – Pay for our share of our wedding ($10,000).

#3 – Buy our forever home within 10 to 15 years. Value in today’s market would be $2.5M to $3M.

#4 – Start a family in the next 3 to 4 years.

#5 – Start building an investment portfolio ASAP which will help with our early retirement goal.

#6 – Allocate $5,000 per annum toward annual travel.

#7 – Be in the financial position to retire from work (or choose what we do with our time) by the age of 55.

Our job is to now work out what financial structure & strategy they will need in place to achieve this goals list (based on their current financial position). It’s important to note that financial planning is very much about structuring your finances around working towards living the lifestyle you aspire to rather than restricting you from living today. It’s a balance and does require some discipline, so having a Wealth Coach to support you with accountability and strategy increases your focus. If you’re wondering how we can help you get ahead, tell us a bit about yourself and what you’re hoping to achieve or book in for a chat today. Get in touch.

Ryan Porter is a Wealth Coach at Catalyst Wealth Group. His mission is to help his clients achieve financial success and live their ideal life.

Any advice or information in this publication is of a general nature only and has not taken into account your personal circumstances, needs or objectives. Because of that, before acting on the advice, you should consider its appropriateness to you, having regard to your objectives, financial situation or needs.

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email