Life insurance is all about providing a financial safety net that helps you take care of yourself and your loved ones when they need it most. It’s about peace of mind in knowing that no matter the adversity, you and your family’s financial stress will be reduced and you can focus on rebuilding your lives. But have you ever wondered how much insurance companies actually pay out?
Continue ReadingSuperannuation is the primary method of funding retirement for many Australians and is a tax effective investment vehicle to grow your money for this purpose. Planning for retirement and making contributions during your working life will enable you to take advantage of compounding investment earnings which will ultimately boost your Super balance at retirement. It is also important to ensure your Super Fund is right for you and your investment strategy (the manner in which your Super is invested) meets your financial goals and your tolerance to risk. Following are some ways to contribute to Super before the end of the financial year.
Continue ReadingAre you impacted by COVID-19 and thinking about using the Federal Government’s Early Release of Super provision to access your Super?
Continue ReadingA common financial concern amidst the COVID19 crisis is the impact of the share market downturn on Superannuation accounts and what one ought to do about it. If you are an ‘accumulator’ (typically those with longer than 5 years until retirement), you should do nothing if you are invested in a well diversified investment strategy with a reputable Super fund.
Continue ReadingThe last two weeks have thrown up unprecedented challenges to many of us as we deal with the impacts of the health crisis that is COVID19 and the resultant economic crisis. The importance of fighting the economic crisis cannot be underestimated as the impacts of failing on this front will be devastating for many Australians. At Perera Crowther Financial Services, our efforts to date have been focused on our most vulnerable clients from a medical and financial perspective.
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