With the festive season here, you may looking forward to enjoying what we can only hope will be a glorious summer of sunshine, friends, family, food and time in the great outdoors. If you are planning long lazy days to recharge your batteries in preparation for the new year, it might also be a good time to take a look at your finances and decide if they are in shape, or need a bit of attention.
Perhaps there have been some significant life changes this year, and if so, is your financial plan still as affective? Is there room for improvement? If you don’t have a financial plan, is 2017 the year you take control and put something in place?
Nothing is more important than family
Most of us have great memories of family holidays, perhaps during our own childhood or more recently as adults – perhaps with children of our own. These special occasions make us realise how precious time with family is. Whether your family is big or small, caring for those we love is what drives us to be good providers – financially and emotionally. So with all the hard work we put in all year, doesn’t it make sense that those we love, and the work we put in to caring for them, is protected?
At Judge Financial we are offering our clients and their family, the opportunity to review their financial protection plan. Even if you are not ready to commit to any changes just yet, it is worth exploring your options. After all, you wouldn’t go on a two week holiday without taking every safety precaution around the house, nor would you set out on a road trip without checking your car was in good condition for a safe journey… why should it be any different with your financial security?
Have a conversation with us about your risk protection plan and start the new year with the peace of mind that comes with knowing you have appropriate measures in place.
Life can throw you a curveball
Did you know that December is typically the month with the highest reported road fatalities? In 2015 there were 1,219 road deaths recorded in Australia, 95 of these fatalities occurred in December1. Even the safest drivers cannot predict or control what others might do on the roads. It’s a sobering reminder of how fragile life can be, the risks around us and the responsibility we have to protect ourselves and our family. Appropriate risk protection plans can allow for your financial obligations to be met if you are injured and need to take time of work, or if you pass away unexpectedly and your family needs to manage your financial affairs on your behalf.
Enjoy your holidays with confidence
If you want to make sure there are no gaps or deficiencies in your personal financial plan, now is a good time to book a meeting. It’s simple to do and it could end up being the most important financial decision you ever make.
Questions that we can answer
Some of the things we can address in our meeting include:
- Do you have a sufficient ongoing income stream if you suffer a sudden accident or serious illness?
- Will your family have the funds to pay off your mortgage and other debts if you suddenly die?
- Are there funds in place to provide an ongoing income for family if you are not around to earn an income?
- Are there funding provisions you want to make to cover the cost of education for your children or major purchases for your family’s lifestyle if you die prematurely?
- Do you want to have access to funds to support your lifestyle if you were to ever suffer a major medical condition such as heart attack, cancer or stroke?
All of these questions can be addressed in a short meeting with you and an appropriate personal insurance strategy can be presented for you to consider.
Secure a brighter future
Take advantage of this review opportunity and call our office on 02 4032 7934 to book a complimentary appointment.
Department of Infrastructure and Development: http://bitre.gov.au/statistice/safety/fatal_road_crash_database.aspx
Matthew McCabe is an Authorised Representative of RI Advice Group Pty Limited ABN 23 001 774 125, AFSL 238429. This editorial does not consider your personal circumstances and is general advice only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances. From time to time we may send you informative updates and details of the range of services we can provide. If you no longer want to receive this information please contact our office to opt out.