Are You Starting Again?

For those of you currently working in the resources industry, you would no doubt understand that the potential downside is the punishing rosters and long periods away from home that can take a toll on your family and personal life. Sure, the money is good for the most part, but it comes at a cost.

Unfortunately, many marriages suffer irreparably and many industry workers find themselves having to “start again” after relationship breakdown and divorce.

It can be an extremely difficult time and apart from the emotional strain, there’s the stress of having to rebuild financially. Quite often, you may find yourself in a situation where you’re left with minimal assets and essentially must start again.

In this situation, it’s critical to make sure you have your superannuation structured and invested correctly.

If you’ve come through a divorce with your superannuation intact, it may end up being your biggest asset.

You really need to get it working for you. The other issue is you need to make sure your income is adequately insured.

If you’re starting again, the income you’ll earn between now and retirement is extremely important in helping you to build an asset base to fund you in your later years.

Be informed, be curious, be ready for the future you.

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