Life can throw you some unexpected curve balls, so it’s important to consider your options for keeping your money safe. Life insurance and loan protection are possible choices and if you are turning 31 soon, health insurance with private hospital cover may make your tax bill lower, especially as your earnings may rise in coming years.
Things you should know
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. All information in this article, including any information on taxation, is of a general nature only and is based on the continuation of present laws, rulings and their interpretation. As individual circumstances differ, you should seek appropriate professional advice.
Colonial First State Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State) is the issuer of interests in Commonwealth Essential Super ABN 56 601 925 435.Colonial First State is a wholly owned subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 (‘the Bank’). The Bank and its subsidiaries do not guarantee the performance of Essential Super or the repayment of capital by Essential Super.