not too sure where to put it, but i guess it wouldnt hurt to put it here. Havent posted for a while either, the spot price has scared me off but i do a wee bit of stalking from time to time! anyway, heres my situation. Im 26, i live out of home with my girlfriend and my dog, my rent is relatively cheap, we pay cash in hand to our landlord who are also family friends. We dont have any kids or dependents, nor are there any on the horizon. Im a welder earning approx. $45k before tax per year. Im paying $10k on a personal loan and about 4K on a credit card (snowballing my debt, not really struggling to repay it). While i was still living with my parents and less informed about wealth preservation/creation, my parents insisted that i sign up on a joint life insurance/income protection policy. Ive had this policy for the last 3 years and have never needed it. Im not too sure why i have it to be honest. My statement that i just received says i have approx. $18k in my super fund. My fund is with North and my income protecting with AMP. The super statement is very in-depth about where all my money is invested, to the point where it is slightly overwhelming. what certain percentages are invested in which asset class, what property funds its invested in, which national and international companies its invested with, very confusing, yet interesting. My question is, do i really need income protection and life insurance? Ive tried discussing it with my parents and they struggle to discuss it with me, I feel as if they dont really know what they are talking about, or as if they just 'go with it'. I have no dependents, do i really need life AND income insurance? As for my super, am i being shafted? Im more than happy to be a little more proactive with my super- that is, im willing to expose it to a little more calculated risk. Im just not entirely sure what to do. I know there are no right or wrong answers and no one response is my ideal situation, but i really dont have much of an idea when it comes to where to put my super when i dont want to self manage it?