New research into Australia’s economy has found that from January 1 to 31 March of this year, debt increased for 18 to 29-year olds more than any other age group in Australia. As debt increases, cash flow becomes a problem.
If you’re considering retirement it’s important to have some kind of strategy. Of course, thinking about retirement income can be scary, but the sooner you begin to make a plan, the more peace of mind you will experience.
Whilst you may not have it as a top priority to ensure you have the correct life insurance policy, it should be a priority to ensure the future of yourself and family. There are many misconceptions with life insurance with people thinking they are already covered, don’t have a need for it or have other commitments that take priority.
Although it’s not a subject anyone likes to talk about, it is worth considering if you need to take out Trauma Insurance. Asteron Life, a major insurer within Australia has reported that 5% of people in their 30’s will make a trauma claim and increasing to 65% for people int heir 40s.
Trauma insurance will cover you if you get a serious accident or medical condition such as cancer, heart attack or stroke and will pay you a once-off lump sum that can be used for any purpose. .. Continued
Is your financial future secure and does you superannuation align with your life ambitions and goals?
Finding the most suitable super fund will help you lead a comfortable and happy life as it is an investment in your future self and of course to give you peace of mind. But, with so many superannuation funds to choose from, how do you hone in on one that matches your goals and saves you more?.. Continued
Income protection works by covering you during tough times if you suffer an illness or get injured. Even though you may never use your Income Protection Insurance, it is peace of mind for you, and the people who rely on your income.
If you’re considering income protection, or want to know if your level of cover is most suitable for you, here’s what you need to know. .. Continued