For many of us, reaching sixty-five is a huge milestone, and the good kind. You have worked hard, paid off the mortgage, put the kids through school, and helped them out from time to time – but now it’s YOUR big day – it’s time you hang up the working boots for a life of relaxation and leisure.
You’ve earned it. Invested wisely and worked hard to provide for you and your partner for the rest of your lives.
As the first couple of years tick over you have been on a couple of overseas holidays, started playing golf and reconnecting with friends. Then, life throws you a curveball.
You get a call from one of your children and they need help. Obviously you oblige and before you know it, a year has gone by and you are still helping them financially, possibly even paying off their mortgage and helping with living expenses.
Your retirement investment has taken a beating and when you originally planned that you had enough to retire; you did not anticipate the situation you see yourself in. Many people believe that their children have the right types of insurances and measures in place to take care of themselves in a crisis but unfortunately this isn’t always the case.
Superannuation funds don’t always have the level of cover required to accommodate large financial complications and you might find yourself in a situation like we’ve just mentioned.
With over 30 years combined experience, Advised Life can help you work out what you need and when.
Contact us today.