Your financial picture
Making plans to start a family or increase your existing one can be a joy. And on a practical level, expenses can go up while your income drops if you take time off work.
Usually one or both parents will take some time off work when a new baby arrives. While a reduction in income can present obvious short-term challenges, there can also be impacts on your long-term financial position.
How we can help
We’re here to help you look ahead and be financially prepared for all that comes with growing your family, which could include:
The costs of raising children—including child care and education costs.
The impact on your household income, and on other goals you have.
How to meet upcoming expenses while setting a path to help your children’s financial future.
The right insurance cover you might need to protect your family, such as income protection, death and total and permanent disability (TPD) insurance — and whether I’ll they’ll be appropriate for you and your family.
