Odyssey Medical

WEALTH AND PROTECTION STRATEGIES FOR MEDICAL PROFESSIONALS

Are you sure it won’t happen to you?

As a doctor, you spend your life taking care of your patients. But what if something would happen to you and you couldn’t work due to sickness or injury?

Most of us wouldn’t willingly leave our tangible assets unprotected – we wouldn’t drive an uninsured car or take the risk of not having home insurance. However, your most valuable asset is actually… YOU! Your greatest asset is your capacity to generate an income, now and into the future.

It is important to seek the advice of a professional who’s got your best interest at heart. There are many insurance providers in the market that will sell you anything and everything, but there are a number of important features that define the suitability of the insurance policy for your personal circumstances – including waiting periods, benefit periods, stepped vs. level premiums, guaranteed renewable, non-cancellable etc.

Your Odyssey Adviser will put in the effort to fully understand your situation and to uncover the risks that you and your dependants are exposed to. With the right mix of Income Protection, Life Insurance, Trauma and Total and Permanent Disability Insurance you will have the peace of mind that a sound backup plan is in place for you and your family.

YOU NEED A PLAN THAT COVERS IT ALL

CREATING WEALTH • PRESERVING WEALTH • LEAVING YOUR LEGACY

We have structured our business, offering you a single point of contact for all your financial requirements. The Odyssey Advisers can help you identify your risks and opportunities and put a sound financial plan in place. Contact us today!

get-covered

ASK YOURSELF

…COULD YOU SURVIVE WITHOUT AN INCOME?

• How would you keep up with the bills?
• Could you handle additional medical expenses?
• How long would the family savings last?

…WHAT ARE YOUR FINANCIAL AND LIFESTYLE GOALS?

• What do you dream of achieving in your life?
• What’s important to your family?
• Do you know how you will pay for your children’s education?

• Have you thought about when you would like to retire?
• And what you would like to do when you retire?

…AND WHAT ABOUT YOUR BUSINESS?

• What’s your succession or exit plan?
• Could you, or your business partner, afford to buy each other out?
• If you had to sell the business, would you be able to find a buyer?

get-covered

ODYSSEY JOURNEY

Financial Freedom is not a destination, it’s a journey.

Financial Freedom is not a destination, it’s a journey. Throughout the different stages of your professional life and retirement, your financial situation changes and so will your dreams and lifestyle desires. The Odyssey adviser will be by your side, through the good and the bad, to guide you on your journey of financial freedom. We can help identify challenges and opportunities that lie ahead and pro-actively plan for these changing circumstances. Our advice may involve setting up your initial plan, regularly reviewing your personal circumstances, assisting you with a claim or educating you on relevant topics and industry updates. Throughout the process, Odyssey promises to make your financial journey one of ease, reassurance, progress and achievement.

STAGES OF THE ODYSSEY JOURNEY

  • Starting the journey

    It is better to start your journey sooner rather than later. The decisions you make in the beginning of your professional life can have a big impact on your future, and it pays to get into good habits early on. Main strategies may include: developing a healthy spending pattern, protecting your assets, identifying good and bad debt and exploring investment and superannuation opportunities.

  • Flourishing Family

    As you get more comfortable with yourself, you settle into your career and your family is flourishing, you really start hitting your stride. It’s a time of big transformation and your priorities and financial responsibilities start to change. Main areas to focus on may include: maintaining a comfortable lifestyle, protecting what’s important and saving for the education of your children, while simultaneously putting wealth creation strategies into place.

  • GREATER INDEPENDENCE

    Now that your children have all grown up and become financially independent, it’s time to focus on you and your plans for the future. Retirement is within sight and you can take advantage of strategies in the coming years to build wealth, minimise tax and create the lifestyle you want. How much you need for retirement depends on the type of lifestyle you plan to lead.

  • Retire in style

    You’ve worked hard all your life to create the lifestyle you want for you and your family, and now is the time to relax and enjoy the fruits of your labour. At this stage of your life it is also important to secure your assets and have an estate plan in place to leave your legacy for your family.

  • Starting the journey

    It is better to start your journey sooner rather than later. The decisions you make in the beginning of your professional life can have a big impact on your future, and it pays to get into good habits early on. Main strategies may include: developing a healthy spending pattern, protecting your assets, identifying good and bad debt and exploring investment and superannuation opportunities.

  • Flourishing Family

    As you get more comfortable with yourself, you settle into your career and your family is flourishing, you really start hitting your stride. It’s a time of big transformation and your priorities and financial responsibilities start to change. Main areas to focus on may include: maintaining a comfortable lifestyle, protecting what’s important and saving for the education of your children, while simultaneously putting wealth creation strategies into place.

  • GREATER INDEPENDENCE

    Now that your children have all grown up and become financially independent, it’s time to focus on you and your plans for the future. Retirement is within sight and you can take advantage of strategies in the coming years to build wealth, minimise tax and create the lifestyle you want. How much you need for retirement depends on the type of lifestyle you plan to lead.

  • Retire in style

    You’ve worked hard all your life to create the lifestyle you want for you and your family, and now is the time to relax and enjoy the fruits of your labour. At this stage of your life it is also important to secure your assets and have an estate plan in place to leave your legacy for your family.

The inner circle

At Odyssey we appreciate that your profession is demanding and the pressure to keep abreast of new development leaves little time to manage your finances. Being part of the elite ‘Inner Circle’ means that you can expect more than insurance advice alone. We have structured our business so that we can offer you a single point of contact for all your financial requirements. Whether it is to help with personal and business insurance, strategic financial advice, protecting assets, planning for retirement or assisting with accounting, finance, legal and taxation advice, our in-house experts and alliance partners can offer you the peace of mind and guidance when making important financial decisions.

IN-HOUSE EXPERTISE
STRATEGIC BUSINESS PARTNERS
SMSF/ Superannuation
Personal and Business Insurance
Investment Strategies
Business Advisory/ Transactions
Accounting
Legal
Property
Finance and Mortgage
Cashflow Management
Retirement Planning

IN–HOUSE EXPERTISE

  • SMSF/ Superannuation
  • Personal and Business Insurance
  • Investment Strategies
  • Cashflow Management
  • Retirement Planning

STRATEGIC BUSINESS PARTNERS

  • Business Advisory/ Transactions
  • Accounting
  • Legal
  • Property
  • Finance and Mortgage

Case Studies

Every person’s situation is different and therefore your priorities and financial requirements change depending upon your particular stage in your professional career. To give you an appreciation of what these may be, we have created six client profiles, based on real life client cases; three Medical Professionals and three Legal Professionals.

Michael

Michael

Elizabeth

Elizabeth

  • Title: SOLICITOR, 30 YRS
Graham

Graham

  • from: Variable
John

John

  • Location: Los Angeles
  • Camera: EOS5D
Peter

Peter

Jennifer

Jennifer

Our Team

As we believe that knowledge is the foundation to success in all aspects of life, the Odyssey team is not only experienced, but also highly educated and passionately dedicated to their profession. We take the time to listen to our clients and to fully understand their needs and are proud of the difference we are able to make to our clients’ financial well-being.

 John Todd

John Todd

CEO & Director - BComm, AAIB, DFP

“At Odyssey we don’t only go the extra mile, we are with you for the entire journey”

 Campbell Flower

Campbell Flower

General Manager & Director - Dip FS (FP)
Laura Mitre

Laura Mitre

Client Services & Adviser Support
 John Todd

John Todd

CEO & Director - BComm, AAIB, DFP

“At Odyssey we don’t only go the extra mile, we are with you for the entire journey”

 Campbell Flower

Campbell Flower

General Manager & Director - Dip FS (FP)
Laura Mitre

Laura Mitre

Client Services & Adviser Support

Upcoming Events

Past Events

  • Protecting your most valuable asset27 March 2014
  • Retire in Style 1 April 2014
  • Royal Australasian College of Surgeons, Medical Students Workshop15 June 2014
  • Annual Conference of the Australian Association of Crown Prosecutors2 July 2014
  • The Do's and Don'ts of Property Investment and SMSF's 19 August 2014
  • Royal Australasian College of Surgeons, Medical Students Workshop7 September 2014
  • Royal Australasian College of Surgeons, 56th Victorian Annual Surgeons Meeting25 October 2014
  • Royal Australasian College of Surgeons, Medical Students Workshop14 June 2015
  • Royal Australasian College of Surgeons, Medical Students Workshop9 August 2015

Odyssey / ‘ɒdɪsi/ noun. L19.

A LONG SERIES OF WANDERINGS, A LONG ADVENTUROUS JOURNEY, AN EXTENDED PROCESS OF DEVELOPMENT OR CHANGE.

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Discover how the inner circle can help you. Contact us today for a financial consultation.

This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs.
Because of this, you should consider whether the information is appropriate in light of your particular objectives, financial situation and needs.
Odyssey Financial Management is an authorised representative of Securitor Financial Group Ltd.