Young Australians clueless about life insuranceBY JAMES FERNYHOUGH | WEDNESDAY, 17 SEP 2014 12:15PMOne in five younger Australians knows nothing about his or her life insurance through superannuation, a new report commissioned by the Association of Superannuation Funds of Australia (ASFA) has found. Related News |
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If only it was 40%. I would place this figure closer to 70%.
Personal protection strategies, estate planning, investment planning seem to be words that are unknown by the public. Successful well being starts early in one's life, not at 20, 40 or 60. It comes down to 2 main area: your surrounding (parents) and learning this as a young child at school, and unfortunately, they both score F that is F for fail. This is crucial to one's livelihood. It is not boring, and those that say it is, well they are ignorant.