Often you can't get through a commercial break on TV without seeing an ad for life insurance. As a basic no frills, low cost service there is no doubt direct insurers have a place. You need to know what it is you are buying though - exactly what is covered and what isn't. A lot … Continue reading Direct Life Insurance vs Personal Insurance Advice
Over the past 12 months I have had too many friends and family members dealing with cancer. Trauma insurance can ease the burden during an incredibly difficult time. Here is a case study based on a true story that shows why sometimes income protection, private health and medicare is not always enough. This Sunday I'm … Continue reading I’m a Big Believer in the Value of Trauma Insurance
Today has been one of the most satisfying days of my professional career. It was an incredible pleasure to hand over a cheque to a client for a child trauma claim. Their young daughter is currently undergoing treatment for leukaemia meaning for now their lives are on hold. The payment will enable them to take … Continue reading This is Why I Love What I Do
Lifestyle cashflow planning takes you through the whole of your life from a cashflow perspective. It is about ensuring you can do the things you want, when you want. By creating a framework within which you can make financial decisions you can understand their impact not just today and tomorrow but in 5, 10 or … Continue reading Planning to Achieve Your Dreams
Spring is a great time for starting afresh. The sun shines longer and in Canberra, Floriade is just around the corner. It's a good time for spring cleaning your finances - here’s a 10-point plan. 1. Fine tune your insurance Twelve months is a long time and in that period plenty can change. There could … Continue reading Spring Clean your Finances
Divorce is often not only emotionally traumatic but financially can leave you starting all over again. There are some key issues I'd like to share that we address when working clients. If you've been through a divorce here are some steps you can take to get your finances back on track: - Reassess your goals. … Continue reading How to Get Your Finances Back on Track After Divorce
When deciding which investments are right for you, it is important to understand the trade off between risk and return and how to manage investment risk. A risk profile can help identify the type and mix of investments that will best help you achieve your financial and lifestyle goals. What is risk? Investors face many … Continue reading Risk and Return
I have previously discussed what sort of retirement income is considered "modest" and "comfortable". You can find it here. The Association of Superannuation Funds Australia (ASFA) has just released their latest ASFA Retirement Standard for the June quarter. Related articles What Type of Retirement Will You Have? (davidjrae.com) How Much Money Do I Need in Retirement? (davidjrae.com)
As parents, we all want the best for our kids. That goes for education, behaviour, their future - every aspect of their life. If something unforeseen were to happen and they suffered a major illness we'd want the best of care and attention. For very little cost you can get some insurance cover on your … Continue reading Every Parent Should have Child Trauma Insurance
