Regardless of where you are in life, everyone can benefit from a greater degree of financial management. Even if you are just starting out; saving for a new car, an overseas holiday, or perhaps a deposit for your first home, an effective savings plan can help you to reach your goals sooners.
An unexpected illness, injury or worse is not something many of us like to contemplate, however should the unexpected happen it can be reassuring to know that you have adequate insurance cover in place to protect you and your loved ones financially.
Despite the often volatile nature of investment markets, investing remains one of the most effective ways to grow your wealth over the long term.
Retirement means many different things to different people. For some it may mean finally reaching that stage in life where they can relax and enjoy themselves and perhaps spend more time with family, friends or travelling.
Superannuation and SMSFs
While it may not seem like it yet, your superannuation savings or ‘super’ as it is more commonly called, is likely to be your greatest asset (aside from the family home) as you approach retirement.
When it comes to retirement, many Australians will come to rely on a full or part Age Pension to supplement or fund their retirement income.
A Will is a legally binding document that outlines your wishes regarding the distribution of your assets upon your death. While a Will is important, it is only one aspect of the estate planning process.
The prospect of moving from the family home into an aged care facility can be an emotional and unsettling experience for the individual concerned and their adult children.