Retire Right

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money money money
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Retire Right is an Australian Retirement podcast. You only retire once, so retire right. Brought to you by the podcast, 'money money money'. Hosted on Acast. See acast.com/privacy for more information.

  1. 5d ago

    443 The super sweet spot: is less super actually better?

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Get our new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE Are you better off having less in super to maximise the Age Pension? You may have remembered our earlier episode on this topic - well we're back to cover it again! In this episode Glen and financial adviser Martin McGrath tackle two case studies to see how the numbers (and lifestyle factors) stack up. They touch on: 👉 the sweet spot concept explained and challenged 👉🏼 case study one - a couple who upgrades their home 👉🏽 case study one - a couple who downsizes their home 👉🏾 the case for a lifetime annuity 👉🏿 Glen and Martin's final thoughts Related episode: 320 retirement sweet spot: Apple Podcasts | Spotify | Youtube Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  2. Oct 14

    442 Super contributions over $500k, selling the IP, the bucket strategy debate + more

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Get our new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE In this Q&A, Glen and Martin discuss: 👉 concessional vs non concessional contribution limits explained 👉🏼 can you make a downsizer contribution if your balance is over $500k? 👉🏽 should we sell the investment property or keep it as supplementary income? 👉🏾 do you need a bucket strategy? how does it work, flaws and when would you set one up? 👉🏿 can you change super funds after age 75? 👉🏻 can you move personal assets like shares and managed funds into super? 👉 does money sitting in pension phase dwindle from fees or tax? 👉🏼 should I move money from accumulation into my TTR or pension phase? Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  3. Oct 7

    441 Transition to retirement, death tax, recontribution strategy, sell house to travel + more

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Get our new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE In this Q&A episode Glen James and Martin McGrath discuss: 👉 do I need to disclose what I spend TTR money on? 👉🏼 setting up a transition to retirement strategy 👉🏽 will my kids have to pay tax when they receive my super and how is this calculated? 👉🏾 strategies to reduce tax for super beneficiaries 👉🏿 is Scott's retirement strategy sound? 👉🏻 what to do with my house and savings when I travel extensively in retirement 👉 I won't spend the minimum pension drawdown, should I keep my super in accumulation? 👉🏼 what this 83yo did wrong when they wrapped up their SMSF Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  4. Sep 30

    440 Centrelink Q&A: bereavement, gifting, super recontribution, carer payment + more

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE Justin Bott returns to the show for another Centrelink Q&A, and as a Community Information Officer at Services Australia, he's the perfect person to answer your burning questions. In this episode, Glen and Justin touch on: 👉 bereavement payments - what happens to your pension when a partner dies 👉🏼 self-funded retirees - are there any other cards or benefits you can access? 👉🏽 what is the Financial Information Service and who can access it 👉🏾 can I do a super recontribution strategy before claiming the age pension 👉🏿 pension & aged care fees 👉🏻 carer payment vs carer allowance vs age pension 👉 pension residency rules 👉🏼 what is considered gifting? 👉🏽 reverse mortgage vs home reversion scheme and the trap to be aware of Watch: Age Pension increase + other changes you need to know with Justin Bott from Services Australia - https://youtu.be/0kYGWUm93VE Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  5. Sep 24 ·  Bonus

    Age Pension increase + other changes you need to know with Justin Bott from Services Australia

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE Justin Bott from Services Australia joins Glen James to unpack the changes that took effect on 20 September and what it means for your pension. They touch on: 👉 12 Months to Retire Right is now on sale and available for pre-order! 👉🏼 the new increased age pension rates 👉🏽 living and travelling overseas & the pension 👉🏾 the new income and assets limits 👉🏿 key dates to review your pension eligibility if you don't currently qualify 👉🏻 new Commonwealth Seniors Health Card income limits 👉 the new deeming rates and what deeming is 👉🏼 investment properties & the pension 👉🏽 the updated value of shares Learn more at servicesaustralia.gov.au Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  6. Sep 23

    439 Property Q&A: how CGT will work, investment property after age 50, best time to sell + more

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/ Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE In today's episode Glen is joined by John Pidgeon, buyer's advocate, host of This Is Property and author of Sort Your Property Out and Build Your Future for a property deep dive and Q&A. They touch on: 👉 how capital gains tax will be calculated under the new changes pre and post July 2027 👉🏼 negative gearing isn't gone - this is how it will work moving forward! 👉🏽 turning a PPOR that was bought before the May budget into an investment property 👉🏾 holding an investment property after 50 - what to consider 👉🏿 when's the best time to sell a property? 👉🏻 should I move into my investment property or sell it? 👉 should I help my kids by purchasing and renting an investment property to them? 👉🏼 can you avoid CGT by turning an investment property into your PPOR for 1-2 years? 👉🏾 sell IP now in mid 50s and pay off the home or wait until no longer working for tax efficiency? Resources mentioned in the chat: Watch this episode on Youtube here: https://youtu.be/nCQD9RDebuw 12 Months to Retire Right by Glen James and Vince Scully: https://link.amazon/B07u9ZQgE Sort Your Property Out: And Build Your Future by Glen James and John Pidgeon: https://link.amazon/B045jKvnD The Quick-Start Guide to Your First Property by Glen James and Rachelle Kroon: https://link.amazon/B09oz5Fal Book a clarity call with John here: https://www.solverewealth.com.au/clarity-call-with-john-pidgeon/ Need help selling a property? Envisage Property Vendor's Advocate service: https://www.envisageproperty.com.au/vendors-advocate-service Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  7. Sep 16

    438 Money in your 70s: optimising and protecting

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/  Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE Retirement planning doesn’t just happen once, it’s an ongoing process that changes as you move through your 50s, 60s and 70s. In this episode, Glen and financial adviser Martin McGrath discuss why your 70s are the decade to optimise and protect your wealth. They cover: 👉 reviewing your Government entitlements regularly 👉🏼 key things to review 👉🏽 reviewing pension draw down each year 👉🏾 the minimum pension payment by age 👉🏿 simplifying your affairs 👉🏻 recontribution and final contribution strategies 👉 the Downsizer contribution explained 👉🏼 planning age cared needs early 👉🏽 reviewing your estate plan 👉🏾 spending with confidence 👉🏿 leaving a legacy and helping adult kids 👉🏻 action steps Money in your 60s: Apple | Spotify Money in your 50s: Apple | Spotify Aged Care planning case study: Apple | Spotify | Youtube Download the episode slides here: https://www.retireright.com.au/decades Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

  8. Sep 9

    437 WWGD: 50, widowed & what to do with a large life insurance payout

    Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/  In this episode of 'What Would Glen Do', Glen chats with Louise, a 50 year old education assistant in Perth who needs help deciding what to do with the $1.4M sitting in her savings account two years on from losing her husband to a terminal illness. Louise wants to know: What should I do with it? Do I have permission to spend it? And do I need income protection? Subscribe to Retire Right on Youtube: https://www.youtube.com/@RetireRightAus If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ 🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.

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Retire Right is an Australian Retirement podcast. You only retire once, so retire right. Brought to you by the podcast, 'money money money'. Hosted on Acast. See acast.com/privacy for more information.

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