The Wealthlab Podcast (Aust)

Wealthlab Australia

Phil and Scott discuss with world of financial planning, superannuation and how we think about growing and protecting your money.

  1. Most Aussie Don’t Understand Their Super Insurance

    3D AGO

    Most Aussie Don’t Understand Their Super Insurance

    You probably already have insurance inside your super but do you actually know what it covers? For many Australians, this “set and forget” insurance can be misunderstood, underfunded, or not fit for purpose when it’s needed most. In this episode, Scott and Phil unpack how insurance inside super really works, what types of cover you may already have, and why it often doesn’t align with your actual financial needs. They also explain the key differences between default cover and tailored insurance strategies. You’ll learn: - What types of insurance are typically included in super (life, TPD, and income protection) - Why default cover is often lower than expected, and may not cover your real needs - How policy changes and fine print can impact your ability to claim - The difference between default super insurance and fully underwritten retail policies - When it makes sense to keep your existing cover, and when to review or replace it This episode is for Australians aged 55+ who want to protect their family, income, and retirement plans. If you haven’t reviewed your insurance in years, this conversation will help you understand what you have, what you might be missing, and how to make more informed decisions moving forward. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    26 min
  2. SMSFs Explained: Why More Australians Are Switching

    6D AGO

    SMSFs Explained: Why More Australians Are Switching

    General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide/ Take the free retirement quiz → https://wealthlab.com.au/retirement-quiz/ Want to chat? Book a free intro call → https://wealthlab.com.au/strategy-review/ Self-managed super funds (SMSFs) are booming but does that mean they’re right for you? With over $1 trillion now sitting inside SMSFs, more Australians are taking control of their super… but not always for the right reasons. In this episode, Scott and Phil break down the reality behind SMSFs — why they’ve grown so quickly, who’s actually setting them up, and the key risks most people don’t consider. They explore when SMSFs can work well, and when they can quietly create more problems than they solve. You’ll learn: - Why SMSFs have grown to over $1 trillion and who is actually using them The most common reasons people set them up, including property and alternative investments - The real costs, responsibilities, and compliance requirements involved - Why “more control” can increase risk if you don’t have a clear investment strategy - When an SMSF might make sense and when a regulated super fund may be the better option This episode is for Australians aged 55+ who are considering taking more control over their super or exploring SMSFs. If you want to understand the trade-offs, avoid common pitfalls, and make informed decisions about your retirement savings, this episode will help you approach it with clarity. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    22 min
  3. What Is TTR? Transition to Retirement Explained Simply

    APR 9

    What Is TTR? Transition to Retirement Explained Simply

    You’ve probably heard someone mention a “TTR strategy” but what does it actually mean, and should you be using it? For many Australians, misunderstanding this strategy can lead to missed opportunities… or costly mistakes. In this episode, Scott and Phil break down Transition to Retirement (TTR) in plain English what it is, how it works, and when it actually makes sense. They also explain how the rules have changed over time and why many people are still working off outdated information. You’ll learn: - What a Transition to Retirement (TTR) strategy is and how it works from age 60 - How you can use super to supplement income while reducing work hours - The rules around accessing super, including the 4%–10% drawdown limits - When TTR can be used for tax planning, cash flow, or future strategy - The risks of accessing super too early and reducing your long-term retirement balance This episode is for Australians aged 55+ who are approaching retirement and want to understand how to use super more effectively. If you’re considering cutting back work, improving cash flow, or planning the next phase of life, this episode will help you make smarter, more informed decisions. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    19 min
  4. Why “Playing It Safe” in Retirement Can Cost You More

    APR 2

    Why “Playing It Safe” in Retirement Can Cost You More

    Debt recycling is everywhere right now but is it actually a smart way to pay off your mortgage faster, or just another risky strategy being overhyped online? The truth is, it can work incredibly well… but only if you understand the risks and structure it properly. In this episode, Scott and Phil break down how debt recycling works in plain English, why it’s gaining popularity again, and where it can go wrong. They walk through real examples to show how using home equity to invest can accelerate wealth but also highlight the behavioural risks that can derail the strategy. You’ll learn: - What debt recycling actually is and how it converts non-deductible debt into tax-deductible debt - How using equity in your home can help build an investment portfolio over time - Why this strategy can reduce your mortgage faster while growing long-term assets - The real risks, including market volatility and selling at the wrong time - Why consistency and discipline matter more than trying to time the market This episode is ideal for Australians who have built equity in their home and are looking for more advanced strategies to grow wealth and reduce debt. If you’re considering debt recycling or want to understand whether it’s right for your situation, this episode will help you approach it with clarity and caution. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    20 min
  5. Downsizer Contributions: The Hidden Traps You Must Know

    MAR 26

    Downsizer Contributions: The Hidden Traps You Must Know

    Downsizing your home and putting money into super might sound simple but it can come with hidden risks that catch many Australians off guard. From Age Pension impacts to costly moving mistakes, getting it wrong can have long-term consequences. In this episode, Scott and Phil break down how downsizer contributions really work, when they make sense, and where people commonly go wrong. They explore both the financial and lifestyle trade-offs, showing why this strategy needs careful planning, not just a quick decision. You’ll learn: - How downsizer contributions work and who is eligible to contribute up to $300,000 each - Why selling your home can reduce or eliminate your Age Pension entitlement - The 90-day rule and timing traps that can invalidate your contribution - How moving costs, stamp duty, and lifestyle changes can erode expected benefits - Why testing a new location before downsizing can help avoid costly mistakes This episode is for Australians aged 55+ considering downsizing or using home equity to boost retirement savings. If you want to avoid expensive errors, protect your income, and make confident decisions about where and how you live in retirement, this episode will help you plan it properly. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    16 min
  6. Using Debt to Build Wealth: How Debt Recycling Works

    MAR 19

    Using Debt to Build Wealth: How Debt Recycling Works

    Debt recycling is everywhere right now but is it actually a smart way to pay off your mortgage faster, or just another risky strategy being overhyped online? The truth is, it can work incredibly well… but only if you understand the risks and structure it properly. In this episode, Scott and Phil break down how debt recycling works in plain English, why it’s gaining popularity again, and where it can go wrong. They walk through real examples to show how using home equity to invest can accelerate wealth but also highlight the behavioural risks that can derail the strategy. You’ll learn: - What debt recycling actually is and how it converts non-deductible debt into tax-deductible debt - How using equity in your home can help build an investment portfolio over time - Why this strategy can reduce your mortgage faster while growing long-term assets - The real risks, including market volatility and selling at the wrong time - Why consistency and discipline matter more than trying to time the market This episode is ideal for Australians who have built equity in their home and are looking for more advanced strategies to grow wealth and reduce debt. If you’re considering debt recycling or want to understand whether it’s right for your situation, this episode will help you approach it with clarity and caution. About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (ABN 29 678 976 424). Wealthlabplus is a Corporate Authorised Representative of MiPlan Advisory Pty Ltd ABN: 70 600 370 438 Australian Financial Services Licensee No: 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    21 min
  7. Should You Pay Off Your Mortgage With Super at 60?

    MAR 12

    Should You Pay Off Your Mortgage With Super at 60?

    Should you use your super to pay off your mortgage when you turn 60? It’s one of the most common retirement questions Australians ask and the answer isn’t as simple as many people think. In this episode, Scott and Phil unpack the debate around entering retirement with debt. While many Australians are taught to eliminate their mortgage as quickly as possible, the numbers can sometimes tell a different story when superannuation, tax efficiency and long-term investment returns are considered. You’ll learn: - Why many Australians plan to use their super to clear their mortgage at 60 - How investment returns inside super can sometimes outperform mortgage interest - The emotional vs mathematical decision of carrying debt into retirement - Why prioritising super contributions over extra mortgage repayments can be tax-efficient - The risks of entering retirement with too much debt and not enough super This episode is for Australians approaching retirement who still have a mortgage or other debt. Understanding how super, investment returns and tax interact with your debt strategy can help you make smarter decisions and build more confidence heading into retirement. bout Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (AFSL 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    16 min
  8. This Super Rule Change Could Trigger Extra Tax

    MAR 5

    This Super Rule Change Could Trigger Extra Tax

    Several important superannuation changes are coming in the new financial year and if you’re contributing to super or nearing retirement, they could affect your strategy. From higher contribution caps to the new payday super rules, it’s important to understand how these changes may impact your tax position and long-term retirement planning. In this episode, Scott and Phil unpack the latest updates following the release of Australia’s average wage figures and what they mean for superannuation limits. They also discuss potential tax changes being debated in Parliament and some of the hidden traps Australians should watch out for when managing their super contributions. You’ll learn: - How the concessional contribution cap is increasing from $30,000 to $32,500 - Why the non-concessional cap will likely increase from $120,000 to $130,000 - What the new “payday super” rule means and how it could accidentally push you over contribution caps - How high income earners could be affected by Div 293 tax when contribution timing changes - Why triggering the bring-forward rule accidentally can limit your future super contributions This episode is for Australians who are actively contributing to super or planning retirement in the next decade. Understanding these rule changes early can help you avoid costly mistakes, optimise tax outcomes, and ensure your super strategy stays aligned with the latest regulation About Wealthlab Wealthlab helps Australians build wealth, grow businesses, and live life on their terms, through smart financial advice, investing strategies, and financial education. 📲 Follow Us: Instagram: https://www.instagram.com/wealthlabau/ Facebook: https://www.facebook.com/wealthlabAU Disclaimer: General advice only. This content doesn’t consider your objectives, financial situation or needs. Consider whether it’s appropriate for you and read our FSG before acting. Past performance is not a reliable indicator of future results. Wealthlabplus Pty Ltd (AFSL 485478). General Advice Only: Read out Privacy Policy, Fee's and AFSL accreditations here https://wealthlab.com.au/compliance-policies/financial-services-guide

    19 min
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About

Phil and Scott discuss with world of financial planning, superannuation and how we think about growing and protecting your money.

Information

  • Creator
    Wealthlab Australia
  • Years Active
    2020 - 2026
  • Episodes
    19
  • Rating
    Explicit
  • Copyright
    © 2025 Wealthlab Australia

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