blogs contact us

Financial security: talk to a financial planning adviser.

Nov, 28, 2012 | No Comments | news

Bumps along the highway of life can occur without notice – much like a flat tyre, you can never be 100 per cent sure of when or where it may occur.

Taking the time to sort out your finances can be beneficial, especially before things suddenly change.

Having a financial plan for the future can give you some peace of mind and security.

This can be particularly important if you or your partner get ill or have an accident that leaves you unable to work for a certain period.

To get your affairs in order, the best thing you can do is talk to a financial planning adviser.

They can assist you to plan for events out of your control such as injuries or illnesses.

In order to be able to handle these types of situations, you need to have some wealth creation strategies in place to start saving.

It is similar to saving for retirement in the sense that it is never too early to begin putting money aside.

Consider it your own insurance policy, which can provide you and your loved ones with a little bit of security.

It may help you to discuss some scenarios with your partner and family.

For example, what would happen if you were to fall ill? Would you have enough money set aside to cover your living expenses while you were unable to work?

Another scenario may involve your partner having an accident. How will you cover the costs?

Now it is pretty understandable that thinking about these things may not be at the top of your discussion list, but part of being prepared is talking about what could happen.

If you don’t discuss these situations, the chances are you may find yourself in problems later on if something like this were to happen.

Having a chat with an adviser can help to clarify where you stand with your finances.

As a financial expert, they can offer a few opportunities where you may be able to save more money.

Furthermore they can help to create an investment strategy plan.

ipac is one of Australia's largest financial advisory firms and has offices based across the country. A wholly-owned subsidiary of the AMP Group, ipac specialises in research and financial advice that helps clients lead happier, more fulfilling lives.

Related Posts

Leave a Reply

captcha

Please enter the CAPTCHA text

subscribe to our blogs

By subscribing to one or all of our blog feeds you'll receive an email notification every time we publish a new article. This can be turned off at any time and won't affect your email subscription.

Simply check the box next to the blog you'd like to subscribe to below.

Your privacy is important to AMP and to ipac. You may request access at any time to your personal information held by AMP by calling 1300 157 173 or by contacting us direct. Information collected by AMP will be subject to AMP’s Privacy Policy available by clicking here.

subscribe to:
 divorce ipac money mentors ipac Paul Clitheroe reflections




Please enter this code below: captcha






let us call you

Providing us with a brief reason for call will streamline our call back process and ensures you have the correct ipac representative handling your enquiry.

Your privacy is important to AMP and to ipac. You may request access at any time to your personal information held by AMP by calling 1300 157 173 or by contacting us direct. Information collected by AMP will be subject to AMP’s Privacy Policy available by clicking here.

* Denotes mandatory fields






Please enter this code below: captcha