Half of over 45's are unprepared for the future

Research suggests that over half of over 45's are unprepared for the future and are encouraged to have a conversation with a financial adviser about life insurance.  This research also shows that 51% are more concerned about today than tomorrow, 29% are still living pay to pay and 95% of Australian families don't have adequate insurance.  The risks are probably obvious, you may end up finding it difficult to pay the mortgage or living expenses and find it difficult to provide for you children now and in the future.

Some of the issues are;

Debt - With a growing number carrying mortgages into retirement. 
Boomerang Kids - With either adult children returning to live with or staying home longer due to unaffordable housing, insecure job market and low wages. 
Divorce - with 1 in 3 Australian marriages ending in divorce, there is a long lasting financial impact. 
Retiring Later - while many will continue to work to afford to live, many will be forced to retire due to injury, illness or disability, making them financially vulnerable.

If you are concerned about your future and need assistance or advice please call me for a free, no obligation chat about how I can help you.