Insights
The Cycle of Life
First Released: February 2006
Life is a series of milestones. Some are joyous occasions and others are
more serious events, but each carries financial implications. Sometimes
we become so wrapped up in the events that we fail to adequately consider
the associated financial obligations. In this edition of Insights, Linda
Stangherlin provides you with some "food for thought". The issues covered
in this article are designed to give you an overview of the many factors
that can influence your finances when a major life event occurs.
As each person's life experience is unique, your financial planning should be customised to fit your needs, however, there are some universal points to consider.
- Marriage means you'll be making many future decisions as a partnership.
- When raising a family you need to consider safeguarding your child's future in case something should happen to you.
- If you're facing a divorce, maintaining your finances is critically important.
- Prior to reaching the big turning point of retirement, you'll need a careful plan to help ensure that your accumulated money will be there for you.
Download this edition of Insights
Insights: The Cycle of Life(368kb)