Kondilis Lucas Financial Planning

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Kondilis Lucas Financial Planning We are on a mission to be Australia’s #1 choice for a Second Opinion. Advice on, a lifetime of cashflow. klfp.au

General Advice Warning: The information in this website and the links has been prepared for general information purposes only and does not take into account your personal objectives, financial situation or needs. It is not intended to provide commercial, financial, investment, accounting, tax or legal advice. You should, before you make any decision regarding any information, strategies, or products mentioned on this website, consult a professional financial advisor to consider whether it is suitable and appropriate for you and your personal needs and circumstances. Before making a decision to acquire a financial product, you should obtain and read the Product Disclosure Statement (PDS) relating to that product, together with the Target Market Determination (TMD). If KLFP has an ownership, employment, referral or other relationship with these businesses, that relationship and relevant remuneration/conflicts will be properly disclosed. ASIC specifically requires disclosure of relevant remuneration and associations/relationships, and your advisers must address conflicts where their interests could influence the advice.

25/10/2026

Selling your property and downsizing has a lot of benefits.
Your home holds a lot of capital and is tax free in nature.

A good move some people do is buy and pay off their home and keep upgrading their home to repeat the process.

Each time they are creating a tax haven under their roof.

When the times comes to carve out that wealth , placing the money from the sale into a smaller home / less expensive and the rest into income earning investments can be good choice.

23/10/2026

Buying and Looking after our Backyard.
Home ownership and Debt reduction is a fundamental part of establishing a sustainable financial position over a client’s lifetime.
KLFP considers the principal residence to be different from other assets because it provides an essential benefit: a place to live for life.
Housing is therefore treated as a core lifetime cost rather than simply an investment decision.

The strategy of buying a suitable home and progressively paying down the debt is important as it;
- Allows ongoing housing expense to be turned into an owned asset. Once the home loan is repaid, the client retains the use of the property without the same level of ongoing mortgage commitment.
- Reduces future cashflow requirements. Mortgage repayments are generally one of the largest household expenses. Removing this repayment materially reduces the level of income required in later life.
- It provides housing security. Owning the home reduces reliance on future rental markets and provides greater certainty over where the client can live.
- It strengthens retirement sustainability. A client who enters retirement with a home paid off generally has a lower required retirement income than a comparable client who continues to rent or carry substantial housing debt.
- It provides a valuable balance-sheet asset. The home can provide financial flexibility later in life through downsizing, sale, or other appropriate strategies if circumstances change.
It provides a foundation for the rest of the financial plan.
- Once the housing position is secure, surplus cashflow can increasingly be directed towards superannuation, investments, debt reduction and other lifetime objectives.
In practice we normally get people thinking outside the box and lead them away from asking “What is the best investment?”
We ask, “What does the client need to own and fund so they can live securely for the rest of their life?”
For many clients, establishing and ultimately owning an appropriate home is a key part of that foundation and apart of our principle of;

Buy a home, pay it off, and reduce the amount of money you need to live on for the rest of your life.

23/10/2026

Buying and Looking after our Backyard.
Home ownership and Debt reduction is a fundamental part of establishing a sustainable financial position over a client's lifetime.
KLFP considers the principal residence to be different from other assets because it provides an essential benefit: a place to live for life.
Housing is therefore treated as a core lifetime cost rather than simply an investment decision.

The strategy of buying a suitable home and progressively paying down the debt is important as it;
- Allows ongoing housing expense to be turned into an owned asset. Once the home loan is repaid, the client retains the use of the property without the same level of ongoing mortgage commitment.
- Reduces future cashflow requirements. Mortgage repayments are generally one of the largest household expenses. Removing this repayment materially reduces the level of income required in later life.
- It provides housing security. Owning the home reduces reliance on future rental markets and provides greater certainty over where the client can live.
- It strengthens retirement sustainability. A client who enters retirement with a home paid off generally has a lower required retirement income than a comparable client who continues to rent or carry substantial housing debt.
- It provides a valuable balance-sheet asset. The home can provide financial flexibility later in life through downsizing, sale, or other appropriate strategies if circumstances change.
It provides a foundation for the rest of the financial plan.
- Once the housing position is secure, surplus cashflow can increasingly be directed towards superannuation, investments, debt reduction and other lifetime objectives.
In practice we normally get people thinking outside the box and lead them away from asking "What is the best investment?"
We ask, "What does the client need to own and fund so they can live securely for the rest of their life?"
For many clients, establishing and ultimately owning an appropriate home is a key part of that foundation and apart of our principle of;

Buy a home, pay it off, and reduce the amount of money you need to live on for the rest of your life.

23/10/2026

Owning Real Estate such as the Family Home is central to the advice framework we practice.

As Financial Planners , advice around Real Estate comes in the form of General and Strategic information and not by way of the product type itself.
With different properties comes different advantages and disadvantages, such as buildings, shopfronts, units , houses , and warehouses. As a way of disclosure , because Real Estate is not a financial product, the rules governing "general advice" or "personal advice" under ASIC do not apply to regular brick-and-mortar property sales.

A Planner will look at how properties both current and future hit into your overall financial plan.

Understanding what you are buying, financing , holding and selling falls well into our framework of Buying a Home, Paying it off, Investing, Insuring and Meeting your cost to live.

KLFP provides a Lifetime Cash Flow framework that connects property, debt, investments, protection and living costs to a...
22/10/2026

KLFP provides a Lifetime Cash Flow framework that connects property, debt, investments, protection and living costs to a client’s long-term financial goals, supported by personal financial advice and implementation where appropriate.

Our service takes into account what assets you hold and construct deliverables client outcomes in our statement of advice.
- Property and personal financial position
A consolidated understanding of assets, liabilities, income and expenses.
- External Property acquisition and debt scenarios
An assessment of how alternative decisions affect cash flow, liquidity and risk.
- Lifetime cash-flow projections
A view of whether projected resources can support the client’s desired lifestyle and retirement objectives.
- Ongoing monitoring and advice
Updates as property, financing, income and person

21/10/2026

Kondilis Lucas is based in Rockhampton, Central
Queensland and Mackay , Whitsundays.
We believe Financial Planning does not have to
complicated to be effective.
It should be be simple , straight forward and intuitive.
Buy a home, pay it off and Continue to meet your cost to
live and never run out of money.

In practice we make steps to care of your family by putting a roof over their head, looking closely at your cost to live your life land use some corrective straight forward financial strategies to pay off debt sooner and invest in and outside of superannuation to meet your lifelong living costs.

21/10/2026

Project backed Financial Planning. Buy a Home, Pay it Off, Insure your Income and Never Run out of Money.

Client Case StudyImagine a couple wants to buy a home, but also wants to maintain their lifestyle and start a family.- U...
21/10/2026

Client Case Study

Imagine a couple wants to buy a home, but also wants to maintain their lifestyle and start a family.
-
Under a conventional Financial Planning advice engagement model, the adviser might prepare recommendations covering the relevant financial matters under their Financial Planning license and explain the steps required.

Under an AFSL (Australian Financial Services License) their advice will cover financial products such as Savings accounts, Insurances, Superannuation, Shares and ETFs and margin loans.

Under a project backed engagement offer, the client could see how different decisions affect the overall financial picture:

What happens if they buy a $700,000 home rather than a $600,000 home?

How much cash flow remains after mortgage repayments and household expenses?
Can they maintain appropriate insurance and continue contributing to super?
What happens if one partner temporarily stops working?
Does their current plan support their desired lifestyle and longer-term financial goals?

The KLFP framework provides the structure for testing these scenarios. Personal recommendations still need to be developed within the appropriate advice scope, and the modelling is only as reliable as its assumptions.

In Practice we have seen the commercial advantage of clients having a tangible reason to return to the framework whenever their circumstances change on a yearly basis.

KONDILIS LUCAS— PROJECT FRAMEWORK LED “Understand how today's financial decisions affect your ability to fund the life y...
21/10/2026

KONDILIS LUCAS— PROJECT FRAMEWORK LED

“Understand how today's financial decisions affect your ability to fund the life you want which requires a cost of living number”

We look at a Lifetime Cash Flow framework to connect fhome, protection, debt, cost of living, assets and income into one model, with personal advice and implementation where required.
-
Barry Lucas , Financial Planner/ Director

A note form AMP chief executive shows that Australia has built one of the largest retirement savings pools in the world ...
20/10/2026

A note form AMP chief executive shows that Australia has built one of the largest retirement savings pools in the world , but have a lot of work to do to turn those savings into confidence about retirement. There is 3 in 5 Australians that worry about running out of money and that tell shows rightly that the challenge has shifted from helping people build and grow larger asset balances to giving people greater certainty that they will continue to meet their cost of living expenses and their income will last.

Address

3/75 East Street
Rockhampton, QLD
4700

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 4pm

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