Jason Featherby on 6PR: Recent Episodes
Jason Featherby
Real advice from an astute financial planner and business manager with over 10 years experience. An expert in designing investment strategies, retirement preparation plans, structuring superannuation, risk management, asset and life protection, and the development of estate planning strategies; catch him on 6PR where he discusses these topics and takes questions from listeners.
On this week’s podcast, Jason and Millsy discuss ‘buy now pay later’ - the short-term financing arrangement that saw Australians spend over $5.5 billion over the Black Friday sales. Jason explains the implications of the arrangement and answers personal finance questions on withdrawing super and paying off debt.
On this week’s podcast, Jason and Millsy are joined by a courageous man named Mark to discuss his journey after suffering a stroke at the age of 43. Jason discusses how income insurance serves as a lifebuoy for many struggling Australians and answers questions on inheriting superannuation and the duties of a will executor.
Trading gold is a hot topic at the moment - so, what’s all the fuss?Earlier this month, Jason joined Jenny Seaton on Curtin Radio to answer some of the biggest questions around investing in gold. Jason shared the importance of diversifying your investment portfolio, the ideal percentage to hold in gold and the best way to begin investing.
On this week’s podcast, Jason and Millsy discuss why ASIC is concerned about influencers providing financial advice on social media. Jason answered personal finance questions on gifting assets prior to retirement, paying tax on overseas wills and whether settlement lump sums impact Centrelink payments.
On this week’s podcast, Jason and Millsy discuss the question on everyone’s lips, “is now the right time to buy gold?”. Jason answered personal finance questions about transition to retirement pensions, strategic decisions around long service leave and choosing the best exchange-traded fund (ETF).
On this week’s podcast, Jason and Millsy discuss the rise of the ‘robo adviser’ and whether this newly introduced technology could be a threat for real-life financial advisers. Jason answered personal finance questions about salary sacrificing, negotiating interest rates and choosing the right household budgeting app.Click through to listen to the latest podcast, or subscribe on Spotify to be the first in line every week!
On this week’s podcast, Jason and Millsy covered the burning question: “how do you make money by investing?”. Jason discussed the difference between gambling and investing and answered personal finance questions on superannuation, family trusts and getting a second opinion on your financial adviser.
On this week’s podcast, Jason and Millsy meet to discuss the top four financial concerns of the modern day Australian. Jason answered personal finance questions on rebuilding superannuation, using the popular finance app ‘Raiz’ and managing growth assets in the lead up to retirement.
On this week’s podcast, Jason and Millsy discuss the top three things to consider before downsizing amid Perth’s property boom. Jason answered personal finance questions on accessing super under hardship situations, using super to buy a property and minimising capital gains tax.
On this week’s podcast, Jason and Millsy discuss Australia’s rising interest rates, ‘cheap’ credit cards and the difficulties faced by today’s house-hunters. Jason answered personal finance questions on high growth superannuation funds and heard an interesting story about his grandfather’s career back in the 1960’s!
On this week’s podcast, Jason and Millsy discuss the rising concern of stagflation occurring in Australia. Jason answered personal finance questions on beginning a ‘transition to retirement’, making super contributions and Australia’s interesting retirement law loopholes.
On this week’s podcast, Jason joined Mark Gibson at the Perth Royal Show to discuss Australia’s growing inflation rate and smart spending at the showgrounds. Jason answered personal finance questions on offset accounts, capital gains tax and selling AMP shares.
On this week’s podcast, Jason and Millsy discuss the upcoming changes to the Australian age pension. Jason shared information on how to maximise your age pension and answered personal finance questions on superfund insurance and withdrawing money from super.
On this week’s podcast, Jason and Millsy ponder the age-old question, “can money buy happiness?”. Jason talks through the average Australian’s desired income, preparing for retirement and how to adapt if you’re feeling concerned about your financial state in the lead-up to retirement.
On this week’s podcast, Jason and Millsy discuss their tips on educating children on the importance of money and how to use it. Jason answered questions on investing money on behalf of your kids and deciding between the many investment funds available.
On this week’s podcast, Jason and Millsy discuss the recent surge in WA house builds and raise some important areas to consider for first home buyers. Jason answered personal finance questions on property decisions after a separation, increasing insurance premiums and earning money while receiving a pension.
Tune into this week’s podcast to hear Jason and Millsy discuss the upcoming changes to income protection. Jason answered personal finance questions about pre-tax super contributions, the impact of health conditions on insurance premiums and navigating the changing income insurance landscape.
In this week’s podcast, Jason Featherby joined Millsy to discuss common habits shared by wealthy people. Jason answered personal finance questions about ‘safe’ investing, moving funds to maximise returns and choosing the right financial advisor.03:22 Should you be saving for retirement from day one?05:08 What’s your ‘safest’ area for investment?08:17 Should you diversify your super?09:37 Managing the transition from a super policy to a regular income stream.11:56 Why should you make your payments on time?12:25 The importance of shopping around for deals.13:25 What does it mean to be 'prepared' for financial emergencies?17:15 Is now a good time to move funds from shares to interest-only accounts?18:55 Should you be moving your funds into a more conservative option?21:25 Is it normal to share a financial advisor with your partner?22:40 Jason's wealthy habits, five through to 11.
In this week’s podcast, Jason Featherby joined Millsy to discuss altering life insurance, being disciplined during interest-free periods and the three biggest contributors to household spending. Jason answered personal finance questions about maximising what’s left for your estate and withdrawing and redepositing super to leave for your loved ones.00:57 Telstra’s unexpected updates to phone plans.02:15 Is now the time to sell your shares and reduce your mortgage?06:06 The problem with interest rates at the moment.06:25 Self-managed super funds and managing your life insurance09:11 What should you do before altering your life insurance?13:40 Pay-day lenders and Afterpay, are they worth it?15:15 Being disciplined during interest-free periods.15:45 Should you withdraw and redeposit your super as non-concessional?18:38 Making changes to super to maximise what’s left to your estate.19:22 The three biggest contributors to household spending.21:10 ‘Gifting’ an investment property, what are the cons?
This week, Jason Featherby joined Millsy to discuss some important factors to consider when it comes to super fees, matching risk levels to life stages and over-insuring. Jason then answered personal finance questions about the structuring of wills, choosing the right super fund to consolidate funds and the importance of income protection.
On this week’s episode Jason Featherby joined Millsy to break down balanced funds, explaining what they are and how they work, before sharing advice on how to choose a managed fund. Jason then answers personal finance questions, covering everything from self-managed funds to buying investment properties with super.
0.14 - With the next financial year beginning, you can lodge your tax return from today.0.27 - With more people working from home, the ATO may target any expenses related to that this year.0.45 - The ATO will be considering your deductions compared to last year
2:08 - Is it too late to make adjustments to your super before EOFY?3:10 - If you’re ever going to lock yourself into a fixed interest rate, the time is now.4:27 - What are the biggest changes from the new super legislation passed last Thursday?6:10 - AHPRA is introducing performance testing for super.6:45 - Are superfunds involved in making donations to political parties?7:44 - Can you hold assets offshore and avoid capital gains tax?14:39 - Jason explains the process of changing financial advisors.17:08 - Are small businesses still eligible for the 100% tax write off?18:15 - The best way to track down lost super.21:43 - After moving into your investment property, do you have to pay capital gains tax?
2:00 - What’s the best way to combine super accounts?4:18 - Where should you put your money after you’ve sold your house?6:45 - Jason discusses how offsetting capital gains into super works.8:37 - Should you go for variable or fixed rates when paying off your house?10:29 - Jason talks about famous economic bubbles in history.16:00 - GESB funds can now only be used if you’re employed by the WA government.17:18 - If you don’t have enough in your super to retire, what should you do?18:55 - How super works for teenagers.20:59 - If you have money sitting in the bank, should you move it into super?
2:08 - Jason provides an update on how his cryptocurrency investment is performing.3:13 - Scams in Australia have risen 34% in a year.4:04 - The average amount lost by a scam is roughly $7,000.4:44 - Is there a taxation advantage to withdrawing money from your super?7:25 - Do you have to pay tax on any super withdrawals?8:38 - Jason shares his telltale signs for a scam.9:51 - What are the best ways to avoid a scam?16:38 - What should you do when your partner passes away and you can’t access their super?19:02 - If you’re unsure about whether something is a scam or not, it’s best to ignore it.21:39 - Jason shares more tips on how to protect yourself from a scam.
2:48 - After recently trialling Bitcoin, Jason has found bitcoin to be very volatile.5:13 - While there are plenty of gains to be made with bitcoin, you should still be careful.6:53 - Can you make extra contributions to super before tax or after tax?8:20 - Callers share their experience with Bitcoin.9:05 - How do you choose your cryptocurrency?15:08 - Jason shares the origins of cryptocurrency.19:16 - Some believe the whole world can benefit from cryptocurrency’s blockchain technology.22:35 - Can you access your super after you turn 65 if you’re still working?
2:06 -The right split of shares for an annuity pension.3:40 - 1 in 4 Australians say they wouldn’t mind being paid in cryptocurrency.5:05 - Jason discusses the current state of the property market.6:02 - The federal government is encouraging people to downsize.6:38 - You should always see value in your relationship with your financial advisor.13:43 - Experiences with cryptocurrency can vary from person to person.14:46 - How to manage holding two super funds.16:12 - The tax office is releasing a website to help you compare super funds as of July 1 this year.17:13 - Before the end of the financial year, how long do you have to contribute to your super fund?17:19 - What is the maximum salary you are allowed to salary sacrifice?
1:16 - It’s hard to know when you should keep or sell shares.2:19 - Should you invest in cryptocurrency?3:56 - Jason shares his thoughts on whether we will ever see a one world currency.4:37 - Exchange traded funds (ETFs) - when are they important?5:51 - Jason explains how ETFs work.6:37 - Why do you have to physically buy these shares?14:02 - QR code banking is being introduced to Australia.16:15 - ETFs can be a great option for those looking to move away from investment properties.17:49 - The advantages of using ETFs.19:51 - With ETFs being relatively new, they are still quite volatile.
1:51 - Who were the biggest winners in this year’s budget?2:35 - According to Jason, the scrapping of the work test was the biggest change4:29 - The government are encouraging older people to sell their family home to put a fraction of it into super.5:21 - Employers will now always be required to put super in for you, regardless of whether you are a low- income earner5:44 - How to calculate capital gain tax on investment opportunities.7:36 - Jason shares his advice on coming out of bankruptcy13:24 - Jason runs through the other winners from this year’s budget.14:05 - The budget has increased how much you can salary sacrifice into super for first home buyers.15:01 - Did the budget mention any changes to Division 7A loans?16:59 - Jason discusses options for paying aged care fees.
1:32 - Jason discusses last year’s federal budget and what to expect from this year.3:02 - With the end of the financial year approaching, now’s the time to sort out any tax issues.3:15 - Jason explains the rules of super and what you can and can’t do in the lead-up to June 30.5:32 - Your assessable assets will determine whether or not you’re eligible for a pension.7:46 - Are contributions to your partner’s super tax-deductible?14:17 - Can you roll money from one super account to your partner?15:08 - If you’ve reinvested dividends from old shares, do they take the cost base from every year’s dividends?16:64 - Is there a cap on non-concessional contributions can you make to your super?17:09 - Once you hit 65, you can access all of your super.17:47 - If you’re approaching retirement age and have money just sitting in the bank, move it to super.18:35 - When applying for a pension card as a couple, how much taxable income are you allowed?19:41 - Can you have a self-managed super fund that deals with cryptocurrency?
0:55 -Two thirds of people think their money will run out during retirement.1:25 - When do you know if you are mentally ready to retire?2:00 - As a general rule, we think we need more money to retire than we actually do.3:16 - It’s natural to be concerned if you’ve overspent in the first 10 years.4:30 - What should you do when you’ve spent too much?5:45 - Most Australians have enough for 14 years of retirement only.12:08 - Jason shares his thoughts on family-friendly investments for children under 18.14:20 - Changes are coming to the Refundable Accommodation Deposit for aged care homes.14:59 - Can inactive superannuation policies be cashed out at your preservation age before retirement?19:44 - According to Jason, many people put themselves under financial strain to help their kids out after retirement.
1:52 - The ABS has released data on the average first and second withdrawal for early access to super during COVID.3:00 - The ABS has also revealed how most people used this money.4:15 - If you’re employed as of June 1, you will have more put into your super by your employer.4:40 - How the increase in super guarantee will affect employers.5:07 - Jason discussed how you should prepare for this increase in super guarantee.7:12 - You should have in safe shares a % for every decade you are old.9:18 - Is super tax-free?9:39 - The amount we can contribute into our super is also increasing on June 1.16:33 - If you have any cash, Jason discusses how you should make the most of it in superannuation before the end of financial year.18:05 - Can you take money out of your mortgage and put it into a superannuation fund?20:04 - If your partner doesn’t meet the annual superannuation contribution cap, can you fill up their side of the cap yourself?22:23 - Does it make a difference whether a permanent disability payout makes its way into your super before or after the end of financial year?
1:24 - How superannuation policies have changed in the last 40 years.4:00 - Using ETFs for micro-investments, is it a good idea?6:27 - After accessing your $10,000 during COVID, how do you let your super recover?10:44 - The next steps after your super fund has made an error and taken too much for your accounts.15:48 - What expenses are associated with a super fund?19:30 - After being hit hard on your super during COVID, it is possible to bounce back.21:29 - What’s the best super fund to set up your teenage child with?22:36 - Accessing your super and using it for your mortgage - should you do it?
2:05 - Banks have announced they will increase home loans soon.3:45 - If you’re going to borrow, now may be the time.4:13 - Is it the time to be aggressive as an investor?5:17 - As a rule of thumb, you should have in safe assets the same in percentage terms as you are decades old.5:33- Jason shares his thoughts on insurance through super.6:25 - The price of industry super funds are increasing significantly.7:05 - The importance of reading the terms and conditions when buying cover.7:52 - While income protection laws are changing on October 1st, life insurance laws are staying the same.8:30 - If your life insurance is too easy to get, it probably won’t provide good enough cover.13:25 - If you can no longer work due to an injury or illness, can you claim the money you’ve been paying through income protection back as a fee for no service?14:32 - What to look for when choosing a salary continuance policy in super.17;10 - Jason shares his thoughts on using your super for special disability housing.19:11 - The risks of having an indemnity style income protection policy.21:20 - When you claim, you always need your original policy document.11:36 - When you buy an indemnity style income protection policy, do you have to inform them every time your income increases?
1:58 - What is income protection?4:00 - Changes are coming to income protection on October 1st 2021.5:09 - Jason explains why income protection laws are changing.6:10 - Using apps to round up your loose change and invest them.7:36 - Federal government has changed the retirement age - will your income protection still cover you in the gap?9:05 - Raiz is a great app to use to invest your spare change.15:53 - Jason runs through the three big changes coming to income protection again.17:10 - APRA is running these income protection changes.17:33 - A mental illness diagnosis can affect your ability to get income protection.19:45 - Jason shares his thoughts on what you should be looking for in income protection.21:45 - Can you change your super fund without losing your income protection?23:47 - Jason explains changes to the way your income is defined when you claim.
3:10 - You don’t need as much as you think to retire comfortably.4:00 - How much roughly do you need to retire ‘comfortably’?5:30 - Should you check your super balance regularly?6:15 - ‘Hiding’ money in a younger spouse’s account to qualify for a pension7:48 - Moving out of high-growth to low-growth super - how long does it take to kick in?13:55 - Will you see returns on super funds in cash?14:35 - Should you be saving in case you or your partner need to go into aged care?18:19 - Are there any super funds trading in bitcoin?21:35 - The risks involved with using cryptocurrency.
2:34 - Why are people worried about inflation at the moment?4:04 - Can the reserve bank really guarantee interest rates won’t rise for 4 years?5:45 - We should expect interest rates to go up eventually.10:50 - Jason shares his thoughts on the new Vanguard superannuation product that has just been announced.13:12 - How using apps to keep the change when you make a purchase and invest them into shares is a great way to save.14:10 - If you have definite plans for funds within 12 months, it may be too risky to invest that money into shares.15:50 - If you have the cash, should you buy a commercial property?16:56 - Commercial properties are best owned through a self-managed super fund.17:38 - Can you make superannuation contributions to bring down your taxable income?18:19 - Raiz is a great app to use to invest and save money.21:26 - Beware of locking into a mortgage agreement, make sure you know the penalties if you need to sell it.
1:50 - If you’re in a position to help your kids, why not help?2:30 - You should be careful when and how you help your kids buy a house.3:12 - Should your help be a ‘gift’ or should you expect your share of the money back eventually?3:58 - Does a loan from your parents make you more likely to get a home loan from your bank?4:43 - Save enough for a deposit and enough to get you into the housing market to prevent house prices from getting away from you.7:00 - The fear of missing out in the housing market.8:28 - Buying a house for your kids and leaving it in your name.15:13 - The benefits of buying vacant land for your kids instead of a house.17:13 - Why you should put any loans you give to your kids in writing with terms.19:04 - Should a solicitor draw up your loan agreement?20:55 - Keep it equal - give the same opportunities to all of your kids21:36 - When is the right time to start planning to help your kids buy a home?
1:44 - How much is too much insurance cover?4:48 - Opting in vs opting out for life insurance - what do you need to know.7:17- If you’re in a position to help your kids out financially, should you?8:35 - Can superannuation help you out with a house deposit?14:04 - We are 6-9 months into a bull market so we shouldn’t expect a severe market crash anytime soon.15:12 - Income protection policies haven’t extended to catch up with new extensions before pension.16:18 - Why you should ignore offers from subprime lenders on a fixed-term deposit.18:13 - Recent changes for self-funded retirees to pay for accommodation for our growing ageing population.22:08 - Can you salary sacrifice through super, withdraw it and then only pay 15%?
2:17 - It has never been harder to shop around for interest rate returns.3:17 - Jason offers advice on what to do about the current low rates.4:40 - Lending your money to big banks - does this control investment risk?7:20 - Borrowing money from a family member with interest - would this impact their pension?13:00 - Should financial advisors be paid on commission or at a yearly rate?15:04- The percentage of safe assets you have should be based on how old you are in decades.16:38 - If you’re older than your partner, should you diversify your portfolio into the partner that is going to continue working to qualify for government benefits?17:57 - Jason shares his opinion on reverse mortgage.19:13 - Should you cancel your income protection and use that money for super instead?20:52 - Can you make non-concessional contributions into your super at 65 if you’re not working?21:47 - Starting an allocated pension - if you don’t need the funds, should they be left in super instead?
1:11 - Selling two properties - should you sell both within the same financial year?2:36 - If you make capital gains on the sale of a house, can you put that into your superannuation?3:50 - When you have a home loan with a broker, is it best to get a lower variable somewhere else or should you fix it?5:22 - Jason discusses the importance of a financial advisor and talks through why people shouldn’t be afraid to trust them.8:04 - Once your super is used up, can you apply for an old age pension?13:45 - Teaching your children to save money - should a 7 year old child have a debit card?17:14 - Where your money should go after you’ve paid off your mortgage.18:39 - What you need to know about super splitting with your spouse.20:25 - Is there a benefit to equalising the amount of super that you and your partner have or should it be based on age?21:50 - Is there a grace period in the assets test?
2:28 - The importance of having a fulfilling retirement to avoid loneliness and depression.3:50 - Is now the time to look into fixed rates for investment loans?5:33 - How often should your financial advisor see you?6:50 - Jason shares his opinion of AMP as a super fund.12:39 - Breaking a fixed mortgage - what should you do?15:38 - Having cash in a short term investment account - is it time to invest this in shares or an investment portfolio18:05 - At 60, Is it too late to start putting money into a super account?20:00 - Where you should invest your money after selling a property.
1:54 - The five big traps investors need to avoid - avoid being overconfident and set up your own investment process with your own rules.3:26 - Avoid herding, don’t follow the crowd when it comes to investing.6:57 - Having a reasonable sum parked against an investment property vs managed funds - which is better?9:28 - When it comes to investments avoid anchoring - don’t hold onto an irrational idea.10:29 - Avoid choosing investments based on familiarity - not all investments need to be in Australia.11:30 - Gambler’s fallacy, the mistaken belief that a random process becomes less random and more predictable as it is repeated, should be avoided.12:14 - Given the share market has gone up so high in the past 12 months, will there be a leg down soon?
This week Jason discussed Christmas spending and chatted to callers about how they manage their spending during this period.
01:30 Will superannuation be taxed when left to a non-dependent?02:53 What’ll be taxable and non-taxable within your super?04:02 Bitcoin appears to have made a resurgence of sorts - what does this mean?05:29 Is crypto currency the way of the future?06:43 Transitioning pensions - from disability to aged, what’s involved?10:30 Paying tax on super when you pass away - what’s involved?12:25 Assets in your bank account - when will they impact your pension?14:45 What’ll be deemed when you’re on a pension and using your super?17:00 Income protection within your super fund, at what age will it cut out?19:38 UK Government changes to expat entitlements - what does this mean?21:40 Will there be asset or income testing in the transition between disability and age pensions?
2:11 - Wall Street hit 30,000 points for the first time this week - what does this mean?3:19 - Looking back on the last 8 months, ‘hanging tough’ has paid off as we’ve seen great recoveries in super.4:10 - The importance of getting good financial advice in the lead up to retirement.4:55 - Selling a rental property - where could you invest that money to get a similar return?7:46 - Tips for planning for retirement after a career change.11:58 - Can you move money out of transition to retirement pension back into super?13:13 - When you hit your 60s, it’s important to understand what you have access to.13:50 - How a transition to retirement pension when you hit 60 can boost your super and save tax.14:35 - Make after tax contributions while you can - don’t run out of time!16:32 - Moving overseas indefinitely - what can be done with your super?17:45 - Jason gives general advice about helping out grandkids with money.18:35 - Offsetting your savings accounts against mortgage - is that the same as paying extra off your mortgage?20:35 - Changing financial advisors and seeing your super drop, what should you do
2:45 - Pros and cons of lump sum contributions into your spouse’s superannuation.5:35 - Rental vacancies are now below 1% for the second month in a row - what does this mean?7:18 - Winding up a self managed fund in preparation for retirement.10:55 - Does your partner’s pension form any part of your taxable earnings?13:32 - If your partner doesn’t want to retire yet, should you put your super into theirs?15:15 - Which is better: making additional payments on your loans, or putting that into savings for a property?17:39 - Starting from scratch after losing your self-managed super fund through a divorce settlement - what’s the best approach?
2:58 - Are you on track with your super in your 40s?3:58 - Buying a commercial property in your super can be a great way to create wealth if you are self employed.5:07 - Do you have to liquidate your assets to gain your permanent residency?7:02 - Get into a good financial position before you splurge on fancy toys.8:23 - When saving for a house, is it worth putting your savings into index stocks?12:34 - When does capital gains tax apply?12:22 - Should you invest in a property with your super?16:29 - Why signing a one-page loan agreement with friends can be problematic.20:23 - Put more into your super than you have to in your 30s and 40s.20:30 - Understanding the new carry-forward concessional contribution rules.20:48 - It is critical to ensure your insurance is up to date.
1:05 - How the stock market has reacted to the US election results.4:04 - If you are gifted money from another country, do you need to pay tax on it?5:27 - The best way to research investment opportunities.8:02 - Advice for 18 year olds regarding superannuation.8:42 - In this day and age, are we better off in property or share markets?12:06 - Using salary sacrificing to buy a vehicle.13:55 - Using Vanguard to help you short term invest.16:01 - Do you have to prove you have been COVID affected to access your superannuation?15:31 - What happens to binding death benefits if you and your spouse die at the same time?17:55: 5 tips for 20 year olds regarding superannuation.
02:38 - As the polls are favouring Joe Biden so significantly, the markets are already factoring his win in.03:18 - If the results are close and contested, then we may see a hiccup in the markets.03:40 - The effect that Trump’s win could have on our markets.04:42 - When do businesses start thinking about the effect the upcoming state election could have on the market?06:02 - How superannuation returns have changed since April/March.07:03 - Jason discusses whether he saw large numbers of people accessing their super earlier this year.07:44 - Why you should know where your super is invested and why it should be invested in a growth-orientated fund.11:40 - What to do when you haven’t put enough in your super as you reach retirement.14:04 - Working overseas then coming back to Australia and getting re-taxed.16:35 - Keeping your super in a well-performing industry super fund vs a private super fund.18:38 - Getting approached on the phone from interstate planning firms.
02:50 - Should you start putting your budget together weekly, fortnightly or annually?03:30 - Why people are susceptible to poor budgeting.04:46 - Budgeting is a tool to manage money that offers us freedom.06:05 - You need to be specific, realistic and you need to set yourself goals.07:02 - Should everyone budget?08:18 - Selling your house or keeping it as an investment property.10:48 - Understanding the right amount to have in life insurance depending on which stage of life you are in.13:34 - Life insurance: inside or outside of super?14:16 - The best practice for managing bills.16:08 - Tools to help you save and budget.18:46 - Are you entitled to a pension if you are still holding onto investment properties?
3:18 - Startups on the Australian sharemarket - ACC and Zip Pay.5:44 - Principal interest or interest only loans for an investment property.7:34 - Navigating the 1.6m pension cap with high super amounts.11:18 - Add extra into super or pay down investment property loan before retirement?12:59 - Tax requirements for early retirement or redundancy payouts.15:12 - What do the banks and financial institutions do with early mortgage repayments?17:04 - Western Australia economy update from Jason.18:12 - Personal finance strategy tips for the next 10 years.19:01 - Industry sectors that are currently doing well in WA.
2:28 - Paying down your mortgage or keeping your money in super.5:40 - Minimise your risks when you are going into retirement.6:23 - When is the right time to invest in the share market?8:05 - Starting out on your share investing journey.11:16 - When is the time for a conservative super plan?13:43 - Investing for your child’s future.15:42 - Who is losing out because of the federal budget?17:25 - Should I put into my super if I am self-employed?19:11 - Self-managed super and transition to retirement after 65.
2:08 - Exchange traded funds explained.5:11 - Premium increases on life insurances.8:02 - Where to go for tax and investment advice on stashed cash.10:11 - What you should look for in a financial advisor.11:28 - Rapid growth super and COVID-19.14:08 - Foreign exchange trading and learning platforms.15:45 - Homeowner with investments with upcoming retirement.18:33 - Why Vanguard is popular for personal investments.19:23 - WA current disposable income and economy.
2:53 - Gambling on the share market4:04 - Investment fads come and go4:54 - Topping up your share fund when you have low living costs7:12 - How will moving your parents into your home affect their pension?11:23 - Minimising tax payments on overseas property sales12:29 - Is there a salary sacrificing limit on West State super?14:28 - No capital gains tax on properties bought pre ’8515:34 - How “Giving your house away” could affect your pension16:55 - Could your younger partner affect your pension?18:08 - Diversified funds for new investors19:59 - Vacant investment property tax obligations
2:36 - How can a financial advisor help after retirement?5:06 - Secure investment for children’s future.7:04 - Indexed funds - what’s the difference between listed or unlisted versions?11:19 - Best time of the year to retire tax-wise.13:41 - Should you top up your super if you have plenty of assets?16:37 - Defined benefits super fund in surplus.19:36 - Vanguard investments for spare cash.
3:29 - Financial advisor fees on allocated pensions and superannuations.7:08 - Getting your financial house in order pre-retirement.8:25 - Leasing vehicles vs. buying outright.11:01 - Where should you be with your super for a comfortable retirement?14:09 - Life insurance premiums - what are the options?16:34 - How to pay off your mortgage in retirement.18:31 - Reducing Australian tax on your British pension.20:34 - Investing children’s inheritance for best returns.
3:19 - What is Vanguard and which fund should I choose?5:26 - Trust fund vs share investment for grandchildren’s future.10:20 - Tax liabilities for adult children on inherited super funds.11:47 - Medicare tax charges on an inherited estate.13:14 - Spousal authority to claim insurance.14:44 - Should you use your super to pay off your mortgage when you are 60+?17:29 - Claim sickness and disability entitlement against lost super policies.
5:27 - Safer alternatives to keeping cash at home.7:52 - What should you do with your cash in between property ownership?9:18 - “Second tier banks” and good short term interest rates.10:13 - Tips for avoiding risks with your cash in the short term.12:28 - Personal contributions to super guide.14:03 - Get the most out of extra cash when you are 10 years pre-retirement.15:50 - Making the most out of a generous cash inheritance.17:37 - Getting rid of little debts by consolidating.18:52 - Australian Government guarantee on up to 250k deposits.19:37 - Why a bank would stop offering services for self managed super funds.
2:43 - How redundancy payments are taxed.4:40 - Why you should avoid a reverse mortgage and what to do if it’s too late.11:11 - The difference between old and new redundancy packages.12:35 - Lump sum payments into super funds.14:02 - Why be a self-funded retiree?15:55 - Demystifying financial advisor and super fees.18:10 - How to get a mortgage if you are self-employed.20:36 - Saving for your Grandchild’s future.
This week Jason Featherby sat down with 6PR's Simon Beaumont to talk about how to manage mortgages before retirement as well as investments and superannuation.02:05 - Owning a rental and choosing between a self managed fund or and income stream.04:10 - Can you run your business through a property from my self managed super fund.05:10 - Would you recommend paying off the mortgage first or put money into super?10:23 - Being mortgage free at retirement.11:25 - Is 50 (years old) too late to make a financial plan?12:40 - What are the downsides of still having a mortgage when you retire?13:42 - The pros and cons of selling an investment property pre or post retirement.14:45 - How much can I contribute to my super? (Super Caps)15:35 - The reason why people take longer to pay off their mortgage.
07:03 I have a few rental properties, when should I sell?09:10 The benefits of teaching kids to save money rather than make money12:40 Are you better off putting your money in a term deposit, supa or paying off your house?13:45 Fixing the minimum super percentage withdrawal for your pension.16:05 How to improve your credit rating?16:30 Paying off tax bills20:00 What do financial advisors do when they meet up with you?
2:15 How will accessing your super early affect your future?2:20 The impact for 25-30 years old.3:50 The impact for 50 years and over.5:00 Can I check my super history since 1990?5:45 Finding lost Super.6:05 Should you file your tax return now or wait for single touch payroll?7:15 How much money do you need for retirement?12:10 How do you transition to retirement?14:15 The age to start thinking about a retirement plan for business owners.15:15 How to recover super from overseas work?17:00 Should I take out my super and reinvest or leave it in the superfund?18:30 Are supposed to be winning or losing money with your super?
Jason Featherby sat down with Mark Gibson to talk about the rising interest in Gold investments and the reasons behind it.3:02 Price of gold on the rise.3:25 What drives the price of gold?5:32 How do you invest in gold?5:45 1) Buy physical gold.6:05 2) Buy paper gold.6:21 3) Buy Gold Stocks.7:02 Investing in the poor man's metal: silver.9:15 When to move a superannuation cash component back to a share component?12:00 Can you invest in gold through your super fund?13:35 How much should your superfund fees be?
04:40 How can I access my super early?07:00 Accessing your super early in the event of unforeseen sickness13:15 The benefits of an industry super fund15:30 Do industry super funds include life insurance policies?17:35 Withdrawing super and placing it into the bank19:32 The balance between your super fund and full pension eligibility20:25 Advice on your superannuation binding death nomination and benefactors
2:52 5 simple tips to start investing3:04 (1) Identify your personal goals3:27 (2) Make a budget and make it realistic3:44 (3) Determine what type of investor you are4:02 (4) Start investing sooner rather than later4:10 (5) Get some good advice5:10 Should we keep our investment property or sell it?7:40 We've recently lost about 8% of our super due to COVID, how should we be protecting in?12:52 How long does an employer have to pay contributions to their employees?15:12 My husband is due to retire in a few months, but I will continue working part-time. Should I leave my super as is or should I start a transition to retirement pension?18:10 What do I do to help get a better rate?19:31 Should I be taking money out of my super to pay off my mortgage?
2:30 Is now a good time to dip your toes into the property market?5:55 Can you close a company that owes you money?10:42 How can you get a commercial tenant out of your property?13:34 Do you have to pay tax when you withdraw superannuation?15:40 Asset and income testing for the pension18:10 Eligibility for the current renovation grants
On Monday morning, Jason chatted quickly with Steve and Basil about how people are spending their early accessed super.
2:22 What do you do if you go over the superannuation contribution fund cap?5:06 Is now a good time to contribute concessional superannuation?8:40 What are you going to do in retirement? Plan for it well in advance is Jason's advice10:40 How to get started investing in index funds12:33 Is it smarter to pay extra on your home mortgage or should you put it into super?15:00 Are there any ramifications of putting the 10K super withdrawal back into your super if you didn't need it?17:20 Is it too late to swap funds if you have already retired?19:47 What happens to your superannuation if you're going through power of attorney?
3:30 What you should be asking when trying to find a Financial Planner3:45 (1) Make sure what your planner is offering matches your expectations4:13 (2) Sign a Service Agreement4:45 (3) Be realistic about your goals5:28 (4) If you don't understand something coming from your Financial Advisor, don't be afraid to ask6:15 Can you move shares across to super, without selling and paying capital gain? Do you need a self-managed super fund?7:45 Are fixed or variable home loans more advantageous?8:36 Should I be putting extra savings into super or buying a house?12:53 More tips for finding a financial planner12:54 (5) Don't agree to invest in anything you don't understand13:12 (6) Make sure the advice you get is understandable13:20 (7) Make sure you're not being promoted a self-managed super fund when you don't need one13:43 Using a binding financial agreement to merge assets with a partner18:49 What to expect from a meeting with a financial planner20:13 How much do you need to have in super to get an income of $50-$60 000 a year in retirement
5:45 Accessing lost super - what to do if you don't have an active super fund?10:00 TPD - some advice around claiming 13:50 Transferring shares into your super17:50 Declaring allowances in the UK through the ATO
4:06 Living overseas? What should you do with your super?7:05 Self employed - what to do about self contributions?9:25 If you have separate life insurance should you keep TPD insurance?13:50 How many time can you claim on a TPD?
4:45 Getting your home loan interest rates down during COVID - you don't get without asking9:45 How to decrease your fixed interest rate with your bank12:35 Dividend reinvestment plan vs. share purchase plan14:45 Should you take the 10k our of super for a home deposit 18:00 Having half your super in shares and half in cash - is it safe to have the shares in speculative shares20:10 How much paid work can you do before it affects your 'retired' status
1:30 The pros and cons of fixed vs. variable interest rates 6:10 Offset v.s putting it straight into the loan10:22 Hanging into superannuation after the COVID crash13:50 Having cash in a self managed super fund, what should you do with it?16:00 Do offset accounts and redraws essentially do the same thing?18:00 Is it a good idea to have a split home mortgage across fixed interest and variable?
2:51 Depositing into your superannuation - do you need to notify the tax department if you make a contribution catch-up?4:55 Best advice for getting rid of capital loss: who to turn to?7:45 Switching your super to cash: is it a good idea right now?11:20 Is now a good time to invest in property if you have no debt, or would it be better to just contribute to super?18:09 What should you do if you really only have your super and you're approaching retirement?
Jason spoke briefly to Steve and Baz this morning about withdrawing early from your superannuation and what it might mean for you.
4:22 Why does income protection not cover loss of employment?6:18 Now is the time to reassess your investments but switching your super to cash might not be the best move11:45 Is Bitcoin a good investment when taking into considerations the risks?13:00 Starting a self managed super17:25 Is now a good time to sell an investment property or would it be better to get a tenant for the time being?
2:00 As a casual worker and your job has been made dormant, can you still apply for the super withdrawal?5:00 Is it worth investing in the share market now while it is so low?9:20 Adjusting your super to increase your pension12:15 The JobKeeper payments - how does it work?14:25 What do you do if the JobKeeper payment is not going to sustain you?17:40 What kind of investment mix should you have in your portfolio?21:21 What age can you access your super during the pandemic?
3:21 If you're a retiree, what can you do to limit the financial impact of COVID-19?5:44 Where do you start if you've never bought shares before?7:10 If you claim the government stimulus package benefits, will you have to pay them back?11:23 Redrawing on your home mortgage to invest in a self managed super fund. Is it a good idea?14:13 Diversifying your share portfolio at a later stage in life, is it a good idea?16:30 Does the co-super contribution still exist?
3:00 Jason explains some of the new Stimulus Package benefits that may relate to you8:08 Making sure that employees are getting paid their super11:08 How to make sure you're eligible for the stimulus payments if you're a sole trader 13:42 Switching your super to cash. Is now the right time?16:11 If you have transferred your super to cash, will it be okay to move it back to shares?19:08 Taking money out of your super to pay off debt - pros and cons20:36 Self employed sole traders - how to register for the stimulus benefits
04:51 Health Minister daily briefing08:02 Should you continue salary sacrificing into super during this time?18:55 Buying shares - should you buy individual shares or shares that represent the whole market?
3:36 How do you survive a market crash?4:30 In times of crisis, what are financial advisers doing?6:05 Is now a good time to switch your super to cash?8:48 Can you sell a house that has been inherited to your super fund?15:40 If you cash in your long service leave as opposed to taking it, can you use this to top up your super?18:09 Why are people selling shares at a time when they should be holding on?21:00 If you retire and claim your super and then go back to work, can you start contributing to super again?
1:26 Coronavirus' disruption to the supply chain and your household budget2:33 If the opportunity presents itself, should I pay off my mortgage outright or hold onto the money and use it elsewhere6:18 The differences between retail and industry super funds8:30 I recently sold a block of land and want to gift money to sick siblings, how much am I able to give?12:49 Using managed funds and an offset account to reduce interest on a mortgage16:18 Using a transition to retirement account or taking superannuation as a lump sum to reduce the impact of share market fluctuations18:05 Investing super directly into property to make a profit in a tax-free environment20:16 Selling an investment property and placing the money into super before retirement age22:06 I own my own property and have just had a large sum of money come through maturity, what should I do with it?23:50 Jason's advice on the Coronavirus and its impact on the Australian economy24:00 (1) Don't panic and keep things in perspective24:33 (2) If you have cash on the sidelines, don't deploy it all at once but do start chipping away at stocks that you have your eye on24:40 (3) Make sure you've got your asset mix right
3:00 Bank error resulting in tax return being payed to the wrong person.7:10 Leaving your superannuation account with your adult kids after you die. 12:45 Can I lodge an old tax return? 14:45 Accessing your super once you meet your preservation age.15:55 Using your eftpos card to tap on and off public transport.16:50 Accessing a family member’s super after they have died. 18:20 Concerns and advantages of a cashless society.
1:03 Helping children move out of home5:55 Using Insurance Bonds to help set your children up financially9:15 I have an offset account with more money than my investment property's mortgage. Should I put it into my Super?15:17 Are Insurance Bonds for kids still available?16:32 Putting money into super through salary sacrificing18:43 Compound Interest for super19:40 Contributing to super after retirement21:28 Final tips for helping kids buy real estate
1:55 Loyalty to banks2:18 When does the ATO receive money from closed super funds?5:51 The process of consolidating super funds7:35 When should you stop paying life insurance?8:43 Fees and charges for super funds12:23 Why should you change your bank?12:43 Getting a better deal from your bank13:38 Banking with one bank and lending with another16:32 Getting a better deal when you're new to a bank18:30 Superannuation lending and the big banks20:56 How to take money out of super without attracting 15% interest
06:15 - Are you better off to pay off your mortgage as you near retirement or focus more on your super?15:00 - Is it worthwhile to pay off a small mortgage on your house by withdrawing from your super?20:20 - Income protection, what you need to know
3:00 - Most common new years resolutions4:20 - Credit card debt 6:00 - Where to start if you'd like to start buying shares8:45 - What you should be asking a financial planner13:25 - Salary sacrificing into super or focus on paying your mortgage, what's a better approach?15:34 - Is it possible to transfer privately purchased shares into your superannuation portfolio
1:39 - Australian's racked up around 30 billion dollars in debt over 2018 Christmas 7:20 - The best way to budget around Christmas and the New Year10:00 - If your loved ones can wait - buy their presents after Christmas15:40 - Tax implications of income protection and receiving payouts
5:20 - Investing in the big banks?8:39 - How can you assess what your property is worth and whether it is actually profitable11:50 - At 71 years of age, do you need a financial advisor?14:11 - Debt free and mortgage free, what's the best way to save for retirement?17:38 - Consolidating two home loans into one across two properties. How does this work when you decide to sell?
3:30 - 8 superannuation accounts - the best way to consolidate6:50 - investing in bluechips or ETF - what’s the best approach11:05 - the rules around lump sum super contributions and withdrawals16:43 - navigating superannuation insurance and fees18:55 - private health, is it really as necessary as everyone says?
2:03 Why do we spend everything we make and find it hard to save?3:46 How to avoid lifestyle creep3:49 (1) Pay yourself first4:33 What should you do if you have debt?5:28 Where does lifestyle creep come from?6:45 How to use a line of credit to stop lifestyle creep habits10:34 Using superannuation to buy a block of land12:11 Tips on avoiding lifestyle creep cont.12:19 (2) Do a budget12:52 (3) Reduce your credit card limits13:29 I'm looking to start a new business, should I lease out the commercial property or purchase it?16:26 The pros and cons of a Transition to Retirement pension19:25 Advice on an investment opportunity21:31 Equity release and reverse mortgages
3:08 What is fixed income?3:50 Other examples of fixed interest investments include bonds, mortgages, hybrid notes and term deposits.4:05 How are they different to shares?4:15 Understanding where they fit in your investment mix.4:40 Do fixed income investments carry risks? If so, what are they?(1) Credit risks.(2) Inflation risks.5:03 What are the benefits of fixed income investments?(1) Receive a better income than what you would get from a bank in terms of a term deposit.(2) Act as a volatility buffer, as you shouldn’t invest all of your money in shares and property.6:19 Discussing GESB Gold State super.7:51 Deciding whether to make smaller mortgage repayments in favour of larger GESB West State super contributions.11:17 The disadvantages of purchasing a house through a company.13:37 Salary sacrificing into super in order to make larger mortgage repayments.18:11 What is the current political landscape looking like?
2:30 Discussing self-managed super funds: how do you know you should set one up? How do you keep them running and ensure they’re inline with the law?2:54 Is it hard to set up a SMSF? Will you require a lawyer and accountant?3:48 The ATO’s concerns with mismanaged self-managed super funds.3:56 How much should you have in super before you contemplate setting up a SMSF?5:44 How do super funds treat dividends?10:22 The process of making Total and Permanent Disability (TPD) claims.15:05 Reaching ‘preservation age’ and withdrawing funds from your superannuation.
2:05 The government has announced a new review of the banks2:40 The benefits of researching banks3:39 The income from my super is currently tax free because I am over 60. If I take on a part-time job, will I continue to have a tax-free super income?7:23 Fees on Super9:57 I'm intending to retire at the age of 60. What will happen to my super if I re-enter the workforce later?11:03 Is there a good time in the financial year to retire?13:23 Do I need to close my reset loan to access my pension entitlements?16:05 Tips to get the most from your bank16:06 (1) Do your research first16:32 (2) Don't be afraid to ask and to act16:56 (3) Know what your property is worth18:03 Is it better to pay off your home loan or put extra money into your super?19:54 Is there a calculator to determine how an industry fund compares to the super fund I am using now?
2:08 What does a default or balanced fund within super mean?3:28 How to choose a good financial advisor and how often you should see them.5:52 Is the Downsizer contribution a once off initiative?7:49 Recognising how balanced a balanced fund is.10:35 I'm looking at semi-retirement. Can I still do an early withdrawal from my super?12:25 Accessing super whilst still working.14:15 Using super to pay the mortgage on a rental property.16:30 Should university students be making voluntary contributions to their super funds?18:29 How to know how to compare balanced funds.
1:40 General thoughts on retirement3:10 Where should I investment my money?5:10 Is my little bit of super enough?6:45 Commonwealth Seniors Health Care card contributions and eligibility11:00 Why you need to consider starting a pension14:02 What should I do with cash within my super?16:10 Financial Planner advice. What do I need to consider?18:45 What happens if my spouse retires and I continue to work?
1:31 Household debt is close to 200% of our income.2:02 Australia sits 4th in OECD countries in household debt.2:45 Practical tips on reducing your household debt.3:24 Claiming tax reductions on untaxed super contributions.5:49 Discussing the black economy legislation.9:00 Where to place sale proceeds in the short term before purchasing a new house.12:48 Are quarterly superannuation payments detrimental to your super account?15:09 Rolling over super funds.17:49 Jason’s thoughts on the CommSec mobile app.19:45 Superannuation advice following retirement.21:13 There’s good debt and bad debt: the former enables you to build wealth in the longterm and whilst the bad diminishes in value.21:30 Practical tips to help reduce your household debt.21:38 (1) Change your behaviour by setting up a budget so that you can track your spending.21:52 (2) Have a plan of attack for reducing debt, i.e., paying off smaller debts first.22:03 Consolidate your bad debts into your mortgage.22:17 Once you have everything under control, set up a regular savings plan.
2:40 Since the GFC, the share market has doubled and interest rates have come down considerably.3:10 We need to get used to lower returns and observe the greater risk that we might live longer than our money does.3:17 As an executor, where to find details of the deceased’s share portfolio in order to complete probate.6:37 Withdrawing lump sums from super, battling high fees and other super queries.12:20 Paying off your mortgage rather than making super payments.15:45 If a husband and wife bought two properties in their individual names, would they need to pay land tax?16:54 Situation: Once I turn 60, can I take super out without having to pay tax? If I leave it to my children , will they have to pay tax?18:17 Withdrawing a term deposit from the bank that’s matured and investing elsewhere.
1:26 Options after receiving poor and detrimental advice from your mortgage broker.7:05 Long term investment options for money given to children.11:11 Assessing when to take out Total & Permanent Disability (TPD) insurance for your spouse.14:03 Paying superannuation for employees that have claimed worker’s compensation.17:04 Deciding whether to purchase a new house with your superannuation whilst your existing house is on the market, in your retirement.
1:09 A glowing testimonial for Jason Featherby!3:00 Paying tax when you salary sacrifice.5:00 In the next few months, 10 million super statements are going to come out. Why should you care about them and what should you look for?5:38 (1) For most of us, apart from our family home, super is going to be our largest asset. If we get it right early, take control and make sure it’s invested correctly, we will get to take advantage of the compounded effect of its returns.5:54 (2) The aged pension isn’t enough to sustain a comfortable retirement on its own. If you’re retired for over 20 years, it’s important to get as much super as you can so that it lasts as long as you do.6:10 (3) The government offers tax advantages and benefits to contribute into super while we’re working, as well as when you’re retired to draw an income from your super.6:30 Advice on when you get your super statement.6:45 (1) One statement is ideal, unless you have a reason for having more than one superannuation account. If you don’t, look to consolidate your accounts.7:07 (2) Look to see how much you’re paying and what you’re paying for.8:31 The difference between lending yourself money from your own superannuation fund and lending your superannuation fund money, on commercial terms, to buy a property.13:26 Is tax payable on trans-pension super accounts?15:20 Situation: my mother is selling her house. Once the house sells, my sister and I will have power of attorney over her finances before she moves into an aged-care home. Where should we place the money in the interim?18:29 Discussing the ongoing cost of financial advice.20:53 Recap: try and consolidate your accounts; look at your fees to see what you’re paying for; make sure that the contribution your employer lists on your payslip is actually what’s going into your account; make sure you know where your money is invested; check your insurances and know what your balance is; and, compare your fund to others to make sure that you’re getting the best returns.
4:47 With a mortgage almost paid off but no super, what to do?7:25 To sell or keep that investment property you have a mortgage on as you move into your later years?13:25 Insurance on super, the need to know15:35 Putting disposable income into investment and savings, the need to know19:00 Putting money into a mortgage or super when you're self employed
1:45 What does a typical retiree look like?3:24 Are you able to purchase shares in your children’s name?5:10 What are some of the common issues that retirees face?6:50 If you’re retired and living comfortably, should you bother to get financial advice?10:35 Consolidating superannuation13:30 Can you take money out of your super to pay off your house while you’re still working?15:45 How much super should you have in your 40’s19:10 Who to talk to about your superannuation
1:49 It’s estimated that about a million retiree’s savings are earning less than “deemed” to earn.3:04 What can you do about it?3:05 (1) Spend some of your capital in the interim period where interest rates are low.3:17 (2) Try and budget to see where you can cut back.3:26 (3) Re-enter the work force part-time as a pensioner.3:46 (4) Downsize the family home to create more capital.3:52 (5) Take more risks with your investments.5:03 Re-investing super when you’re nearing retirement age and have been made redundant.7:51 Can you claim sickness benefits through Centrelink if you’re employed but have run out of sick leave?11:36 Changes to interest rates on pensioner’s savings accounts.14:40 Re-entering the workforce after retiring.16:14 Scenario: Am I better off keeping my money in an offset account against my mortgage or moving it to shares due to low interest rates?
2:44 How are interest rates and the stock market impacting people’s propensity to take risk?2:58 Danger in chasing returns at different times and impossibility of timing the market.4:07 Advantages of having a diverse investment portfolio in the first instance.4:20 (1) Able to tinker with existing assets dependent on market conditions.5:40 Giving superannuation the attention it deserves.5:59 Making decisions on changing your super.9:10 Deciding between continuing to add to an interest-only loan and offset account or principal and interest loan to pay off an investment property.10:45 Setting up super contributions to an existing account in a new job.12:27 Investment options for when you want to retain full access to your money.15:15 Advice for self-employees looking to take out loans but feeling limited by the options available to them.18:26 Knowing when accounting fees in your SMSF are too high.19:42 Consolidating Gold State Super with West State Super and assessing the risks.
2:03 Ensuring you’re getting your money’s worth with your financial advisor.4:09 Advice on managing your superfund: is it better to have a conservative or active approach?4:56 Impact of low-interest rates on those that have been conservative and have had their money in term deposits or cash-based investments.5:39 Moving out of cash-based investments and building an income-oriented portfolio.6:54 Changes to capping fees on low-balance super accounts, banning exit fees and closing small, inactive super accounts.9:25 Advice on investing in a term deposit or superannuation.12:45 Can I put my employee contributions into my older spouse’s super so that I can access them sooner?15:02 Will the changes to dormant super accounts affect Commonwealth super funds?16:25 Discrepancy on earning 2% on a term deposit and Centrelink reporting earnings of 3.25%.18:08 Is income protection for stay-at-home mums worth it or a waste of money?19:45 Changing your gross payments so that you receive more in super than in your bank account.
2:23 Including property in your investment mix.2:50 The pitfalls of loading up your investment mix with property.3:19 Discussing various loan options with no assets.6:20 Qualifying for a pension when one spouse is of pension age and the other is not.10:12 Scenario: Where to invest money that will be gifted to grandchildren between the ages of 2 and 15.12:34 Where should property sit in your investment mix?12:58 The downfalls of having property in your investment mix in retirement and the importance of having diverse, liquid assets.13:48 Recent changes to closing inactive super accounts.17:50 Claiming tax deductions and the eligibility for co-contributions.20:00 Requirement by the bank to lodge probate after inheriting money through a deceased estate.
0:21 Recent tax cuts making it over the line and the impact on the financial system.3:00 Advice for shopping around for low-fee superannuation funds.6:02 Discussing the Premier’s pledge to bring 150,000 jobs to WA and the goal for population growth.7:22 Intersection of increasing costs of living and the tax cuts.11:15 Taking advice from the Barefoot Investor.14:00 Nominating a next of kin as a beneficiary of your superannuation and explaining binding death benefit nominations.16:17 How to receive the recent tax cuts.
01:50 – How to get your financial house in order for the 30th June03:05 – Employer super contributions and tax deductions explained04:20 – Failure to submit a tax return when retired07:40 – Knowing your entitlements for tax deductions08:15 – Small business owner tax deductions11:40 – Super contributions whilst self employed and the benefits of doing so13:50 – Family trust arrangements and distributing contributions to minors/children15:25 – Should I pay my mortgage down, build up my super or invest in the kids?18:50 – Investment advice20:33 – Super contributions and the benefits of being under 25k21:34 – Should I have multiple super funds?
2:26 How does Afterpay and other digital payment services work?3:00 How the repayments of Afterpay work?03:50 The risks of Afterpay and other payment methods?05:12 The impact on your credit rating and living costs by using these methods06:20 Paying over $25,000 concessional contribution into super and the tax implications11:00 Tax eligibility on super contributions whilst self employed12:14 Single and no dependants - beneficiaries after death13:50 Who can help you set up a will?14:10 Fines/penalties concerning tax returns15:45 How often should you review your fund management?17:55 How to prepare for a Financial meeting?19:35 Income protection insurance for the self employed.
02:56 What do the RBA cuts mean for house rates?03:40 The costs involved with moving your mortgage to another supplier04:50 Transferring money from one super account to another06:02 How can I get back on my feet financially?09:24 Retiring with no superannuation what options do I have?13:30 Super fees explained15:11 Concessional caps with super and offsets explained17:25 Locked interest rates and paying it your term early19:51 Insurance through super and upcoming changes. Who to consult?21:38 How will the RBA cuts affect us, and the economy?
2:15 Super recommended figures to retire comfortable2:57 Maternity leave and superannuation options explained5:25 The impact of not putting money into super on a risk/return basis7:25 Super fund changes concerning insurance10:45 Investing in Super or investing directly with the bank12:09 How to start a super account and what to look for?12:50 life insurance reviewing and considerations14:44 Splitting of super with relationship separations17:07 Split contributions to super explained18:01 Advise for investments as a young person19:50 Eligibility of salary continuance insurance when self employed
02:06 – Check your super or you could risk losing your insurance cover.03:08 – Types of cover within super.04:11 – Reasons to consolidate your super accounts and what to look for.05:26 – Banks flexibility with loans and the reason to shop around.09:30 – How to put a value on an investment property after subdividing.17:30 – Withdrawing super and the tax consequences.22:40 – Actions to take to keep your super cover.
01:55 The changes to financial planning with a change of government.02:53 Who is affected by interest rate changes.03:55 Issues with accessing pension as a dual citizen.06:45 Franking credits and tax rates.10:50 Options for passive income from property.14:56 Important upcoming changes to life insurance through super funds.16:54 Property capital gains and tax.18:30 The importance of communication and keeping banks accountable for your rates.
2:42 A growing number of Australians are quitting retirement and returning back to work. Why is that?2:46 (1) Cost of living is rising for retirees.3:28 (2) When we plan for retirement, we focus primarily on the monetary aspect of it. We don’t plan around our social lives, such as hobbies, volunteering and the like.4:55 Alternatives to term deposits with a better return.8:34 Getting around carried for losses with Centrelink when they label them as part of your income.11:51 Capital gains tax and inherited shares.14:51 Deciding whether to pay off your mortgage or contribute to super when you’re self-employed, but also have full-time employment as a PAYG.17:47 Scenario: I’m 55 and for approximately $1,000 a year, my superannuation provider was offering me around $250,000 death cover. Is that a cost-effective offer or are there better options out there?
2:21 Is buying a holiday home the great Australian dream?2:57 What should you consider before purchasing a holiday home?4:04 Scoping a property manager for your holiday house.4:49 The important distinction between labelling your holiday house a lifestyle choice, rather than an investment decision.6:55 Refinancing an NRAS (National Rental Affordability Scheme) property.11:34 Scenario: I have a line of credit linked to my personal account where I can pay a SMSF out. Is there any way I can create an agreement so that my line of credit is the bank?13:28 Switching from an interest only loan to a principal and interest loan in order to pay off a tax-deductible property.16:28 Investment advice for when you’re in your early 20s with a stable income and a decent amount of savings.20:13 Is it possible to tax-deduct the repayments on a loan that was originally taken out on an investment property?
01:50 Superannuation contributions or do I pay off the mortgage?03:33 Growth options in super and the historic returns.04:14 The importance of knowing your balance & interest rates.04:44 What mortgage features to look out for.05:25 What benefits are there to adding to your super?06:08 What are the drawbacks of adding to super?07:18 Viewing super as an investment vehicle, rather than an investment in itself.09:52 The eligibility of accessing super.12:55 Gold State Super and retirement decisions.16:10 Accessing super for a new business venture.
2:03 Labor are proposing to limit negative gearing tax breaks to new properties only.2:40 What is negative gearing?3:40 Why would limiting negative gearing work?5:25 Should I be drawing 10% of super into a salary sacrifice for tax benefits?7:45 The best ways to invest savings as a young adult.11:33 What to do if you have income protection and insurance as part of a salary package and superannuation.13:20 How to get access to a UK pension once you've returned back to Australia.17:00 What to do if you are putting a large amount of money into your super and not getting a lot in return.18:36 Self managed superfunds vs. industry superfunds.19:37 How should I organise my self-managed superfund so that my wife will be able to access it once I'm gone.
2:28 Can I receive a pension if I own my home?4:32 Who are the winners of the budget?6:00 What will the government focus on?6:51 Receiving conflicting advice regarding exercising the authority given by an enduring power of attorney.10:40 How to rapidly bolster your super when you’re approaching retirement age.12:13 Deciding whether to take out a binding death benefit nomination or a will.14:00 Adding funds received from a disability pension to super.18:00 Choosing income protection insurance.
2:18 Reasons for changing from DRP stream to cash dividends.4:43 Scenario: I’m 56 and about to start a new job. Should I put the money towards my super or mortgage?7:00 Why has the budget been brought forward from May to April?7:20 Expectations of what to see in this year’s budget.7:45 Who will benefit from the budget results?8:30 Likely losers of the budget.9:36 Benefits and pitfalls of transitioning to retirement pensions.12:58 Investing money left to minors.16:56 Putting money towards super or your mortgage when you’re self-employed and have little to no super in the first instance.19:14 Switching from an interest only loan to a principal and interest loan to pay off an investment property.
1:11 Salary sacrificing into super3:34 Getting the best results from savings in a bank account6:32 Switching your superannuation to a retirement income stream10:30 The truth about how much money you really need to retire - it might not be as much as you think12:20 How much tax will you pay if you contribute more than the maximum concessional contribution to super14:30 The changes to franking credits16:00 Bringing over a large sum of money from the UK - what is the best course of action?18:45 Maximising your pension by taking a holiday
2:24 How to prepare yourself for retirement if you're on a disability pension6:50 Maximising your pension by contributing to your spouse's superannuation8:42 The difference between a binding and a non binding death benefit nomination10:20 Do the banks really go through peoples transaction history?12:45 The aged pension increase13:34 Tips and tricks to maximise your aged pension entitlement16:36 Approaching retirement with a number of assets19:50 Leaving the public sector with a Gold State fund, what to do
0:36 What is underinsurance?0:58 The gap between what Australian families have in life insurance, and what we require.1:10 Why do Australians underinsure ourselves and our families?1:14 (1) Australians have a carefree attitude and it stops many of us confronting the possibility that we may suffer an insurable event.1:40 (2) We’re not aware of the types of insurance available.1:49 (3) 41% of Australians think that life insurance is too complicated.1:54 (4) 1 in 4 Australians don’t know where to start when considering life insurance.1:59 (5) 1 in 5 Australians think it’s too hard to select a product to suit their needs.5:00 Scenario: my husband and I are both over 60 and have allowed our life insurance to lapse. Do we need it at this stage of our lives?6:00 What happens to the life insurance that you took out with your spouse when you divorce?10:46 Discussing income protection insurance.14:12 Does your superannuation supply income protection and life insurance?15:14 What’s the best longterm investment for my daughter who has money tucked away in a term deposit account?
1:53 Women retire, on average, with 42% less super than men. This is around $100,000 less.2:03 Three reasons why this occurs.2:07 (1) The average woman will take around 5 years off work to look after their children, resulting in 5 years where you’re not collecting super.2:20 (2) When family members are ill, female partners tend to be the ones to take time off work to care for them.2:32 (3) When women do go back to work, around half of them do so on a part time basis.2:51 Suggestions on how to tackle these issues.3:10 Tip: If you earn less than $40,000 a year, your partner can put up to $3,000 a year into your super and claim a $540 tax deduction.3:43 Scenario: I am retired and have no super whatsoever. However, I have quite an extensive share portfolio that I own directly and pay tax on. Will I still receive my imputation credits?7:16 Investing through Raiz accounts.9:14 The importance of women discussing their superannuation with their spouses.14:54 I am 55 years old and on a disability pension. What are my options to save?18:47 Growing your super fund at retirement age when you can no longer make contributions.
1:45 650 000 people in Australia has interest only loans, but many of them are due to mature or expire in the next 18-24 months.2:34 I can access my super in about 7 years, but I don’t want it to go through another GFC. What should I do with it?4:39 I got liquidated about 2 weeks ago and I’m quite weary of financial advisors. I realise I need to start somewhere, but I’m not sure where that is. How would you suggest I find a financial advisor?6:18 I’m looking for some advice on using my superfund to develop a block of land I already own.8:53 I have an investment property that I have used as my primary residence since 2007. It has been an interest only loan since leasing it in 2007, I’m worried about what will happen in 24 months when it does expire/mature.13:25 I have retired recently, but I probably won’t need to use my superfund for a couple of years, what should I do with it in the meantime?16:17 Tips to follow if you have an interest only loan that will convert to a principle plus interest loan over the next two years.19:00 My partner and I are in our mid 50s and are looking for solutions to our finances. At the same time, we are getting calls for finance companies inviting us to dinners and seminars. What are the ethical considerations around this?
2:16 66,000 people consolidated their super in the last three months of 2018.4:46 I can’t get my last two superfunds consolidated into one. How can I do this?6:26 Discussion on superfund fees.7:50 I don’t have a lot of super, my wife has a good amount of super. I want to see a financial advisor, but I’m not sure where to go to find financial advice.11:43 I have a large amount of annual leave and long service leave and I want to cash it in, but I’m worried tax will be a problem.13:02 My superannuation went into a wrap product and the only way I can access funds is to go through a financial advisor. How do I get control of my superannuation?16:42 Do ASX-50 and ASX-200 funds pay dividends?17:39 Advantages to leaving super funds after retirement.18:53 Discussion on where to start with superannuation consolidation, including how to roll funds over, where to roll them over to and what to be weary of.
0:19 Royal Commission findings and how they impact on financial planners.1:57 Current opportunities for financial planners to attract a commission.4:54 If the Royal Commission has achieved anything, hopefully people will be more aware of where their money is.6:24 I received my 6-month super report and had lost $11,500. Questions for super financial advisors to get more of an idea about my personal super.7:26 (1) Know where your money is invested and how much is in shares and how much is safe in cash, term deposits and bonds and whether it’s appropriate for you in your stage of life.7:38 (2) Know how your return compares to the average return other Australians are getting.8:25 The average cost of running a superannuation account.9:24 I like to go to my broker and get things checked, which has generally come at no cost, but now it will cost money. How do I manage checking interest rates and insurances in the future?9:37 When my wife and I moved to a self-managed superfund 12 years ago, we were charged an exuberant exit fee. Was this legal?15:58 Advice for people changing super-funds.16:45 I went through a divorce in 2009 and was given papers to sign for my mortgage, one being an insurance policy that only lasted 5 years. The bank manager has since been sacked for wrong doings. Am I able to get that money back?19:44 Tax income and super discussion.
3:03 I’m a self-funded retiree and want to learn more about Labor's proposed changes to imputation credits will affect me.5:38 Options for you if you are in a situation where you will be affected by imputation credits.6:07 (1) Look at other ways of investing, such as those that pay distributions rather than dividends.6:28 (2) If you are on the borderline of receiving an aged pension but you are a little bit over the assets test limit, you might think about spending money to get yourself under the top asset threshold.7:45 If Labor are elected and if the changes are enacted through legislation, there will be ways to minimise your loss of income by diverting funds elsewhere and seeking advice.8:05 If I’m self-employed, am I better off paying myself superannuation than paying down my mortgage as much as I can?12:00 Scenario: I’m 60, self-employed and recently acquired a sum of money. Am I better off to invest it or pay it into my superannuation?15:23 Putting income generated from an investment property into superannuation.17:15 Are employees obliged to salary sacrifice or can they refuse to do so?18:16 Discussing super co-contribution.20:24 Can I keep my franking credits if I receive a part-pension?
01:38 What is the current state of interest rates and how will they influence the housing market? 05:40 As conditions are difficult for borrowing money, what other options are there for consumers? 08:24 How will the upcoming election influence consumer's investment choices? 11:50 Who will benefit and who will be disadvantaged from interest rate cuts? 13:00 Gifting children a present that "grows with them". 13:50 The advantages of gifting your child an investment portfolio. 14:50 Franking credits and their impact on shares held in a self managed super fund and a trust. 16:42 Gifting investment bonds to children at a young age. 18:17 Setting a small amount aside each fortnight for your grandchildren's future.
1:54 Money saving tips for Christmas. 3:54 Closing a private super fund with shares still remaining in it. 7:43 The benefits of budgeting when purchasing gifts. 11:57 Lodging a tax return when you're on Centrelink. 12:50 Purchasing farmland through a superannuation fund. 15:33 Amalgamating four different superannuation funds into one account. 18:05 Creating a self managed super fund with multiple members. 20:28 How to consolidate separate investments into one portfolio.
01:52 A recent Parliamentary report suggests that if superannuation was not compulsory, Australians would opt out. 02:12 Why would people opt out of their superannuation? 04:14 Risks of opting out of your superannuation. 06:59 What are the best monetary options when travelling overseas? 11:38 Transitioning to a retirement pension when you haven't reached retirement age. 15:20 How can I rollover funds from one superfund to another? 17:30 Rolling over funds from a private superfund to a GESB account. 20:05 Is it possible to claim your super before you reach retirement age if you're on hard times?
02:19 Risks that are prevalent in self managed super funds. 05:01 Are self managed super funds suitable for everyone? 06:03 Financial planning at every stage of your life. 09:13 Investment possibilities for recipients of a disability pension. 12:06 What's best for the future: should I set up a self managed super fund or look at investing? 13:43 Is it possible to dip into my super to pay off my mortgage, and then repay my super? 15:46 What are the deductions on my superannuation statement? 17:23 Scenario: I had $25,000.00 in a fixed term deposit, however, I didn't receive a great return on it. What other investment options do I have? 18:39 The risk of buying property "off the plan".
03:20 Making the decision to change your financial advisor. 05:24 Four things you need to consider when approaching a bank for services. 10:56 Why don't large banks like to lend small amounts of money? 13:56 How safe is it to deposit large sums of money into your super as a retiree? 17:32 What is the difference between insurance cover and death cover? 19:50 What is a good percentage rate to be paying for super and how do you find out how much you're paying?
1:55 Should we be helping our kids buy their first home?2:41 Evaluating your children's financial situation.4:00 Are the younger generation seeking financial advice and should they?5:30 Is it a good idea to put you super into higher risk investments at a later stage in life?8:20 Is the income drawn from your super a taxable income?12:40 Receiving a UK pension.16:05 Inheriting a sum of money, what should you do with it?17:54 State Government Gold State Super, what does it mean for you when you retire?
03:07 Who’s most at risk for unpaid super entitlements?03:55 How to cross-reference your payslip against your super balance.05:20 Where to get help if you think you may have unpaid super.06:30 How to approach your employer to seek clarification on your super.08:28 Scenario: pre-retirement planning and investment options if you had over $600,000 in your super.15:30 Getting early access to your super and application due to financial hardship.17:30 Investment options for those who’re approaching preservation age and how to start your transition to retirement.22:00 Combining super policies and multiple insurances.
2:28 Outcome of the inquiry into banking and finance – highlights of the interim report findings. 4:23 What does it mean for us?6:25 First colonial investment.10:07 Self-managed accounts (SMA).13:22 ‘Bring forward’ rule for superannuation funds.15:15 Pension and conventional scheme.17:26 Deferred annuity.19:05 Banking credit.20:39 Outcome of the inquiry, and its implications on us.
1:30 AMP plan advice.4:22 Should I keep or sell my investment property?7:49 Life insurance and superannuation.12:30 Superfund policy for part-time/casual work.15:51 Selling your property and capital gain/status.18:06 Superfund and life insurance advisers.
1:20 Highlighted research statistics.2:56 Four types of parents who deal with money and kids differently.4:58 Teaching your kids about money.7:33 Investment debt and mortgage.11:01 Importance to see physical value of money.12:20 Starting a super fund for children.13:50 Investment property.17:05 Starting up super fund for apprentices and university students.19:43 Setting up trust or investment bond for kids.21:09 How to approach the discussion of money with your kids.
2:06 Life insurance fees explained and the process of moving life insurance ownership.4:57 The bull vs. bear market and how they're both characterised.6:04 What is irrational exuberance?6:23 What could stop the bull run?8:29 Recommended split of growth and defensive assets in super.16:50 Market crashes vs market corrections.18:08 Having a financial advisor and not receiving any advice - what to do?20:30 Why it's so important to read your super statement properly.21:10 When to start getting financial advice.23:30 Can you access super to clear a debt?
03:30 The 5 C's of lending.03:50 At what age should you consider an aggressive portfolio mix for your super?05:20 The sleep test for how many growth assets you should have in your super portfolio.06:00 How much do you need to set up a self managed super fund?07:20 Restrictions on investing in international properties with your super.13:08 Are you better off to claim a tax deduction on your voluntarily super contributions or taking the tax benefit of not paying tax at all?14:45 How and why do interest rates change throughout the duration of a loan?17:50 When should you start making voluntary super contributions?21:00 The 5 C's of lending explained.22:50 How to get into the stock market.
04:40 Receiving a TPD payment inside and outside of super.07:28 Voluntarily putting money into super over the age of 75.10:20 The underperformance of super funds identified by the productivity commission.15:35 Buying an index/ETF with money out of a self managed super fund. 17:25 Downsizing over the age of 65. 19:20 How to manage super as a small business owner.21:50 Withdrawing super once you turn 60 and the tax implications.24:25 Fees on superannuation funds.
02:15 Putting money into super when you're over the age of 65.03:40 Planning your super contributions year to year.03:50 Income protection policies and annual leave.06:25 The minimum you’re allowed to have in super before your pension reduces.08:10 Does your wife/husband's HECS debt impact you at tax time?16:20 Asset test limit for singles – the maximum.17:30 Selling shares and offsetting capital gain by contributing to super.22:55 Withdrawing money out of your super if you have a chronic illness.
05:23 Whether or not to take a payout if it's an option.07:30 Starting a family on only one income.10:02 Should you diversify your investment portfolio if you’re 25 and in debt?16:50 The cost of financial advice.19:20 Super changes for people over the age of 25 with less than $10,000 in their super.21:47 The importance of having income protection.
03:40 Making the most of your super while you’re under 30 for a better retirement.07:10 What do the new tax thresholds mean?08:30 What are undeclared capital gains?14:20 What commission do financial advisors get on insurance?17:45 As someone over the age of 50, what investment should I be focusing on in my super fund?20:10 Military super and the rules.
03:00 Investing in rare coins.06:08 1) Not saving enough and/or spending recklessly.07:04 Regretting not investing in cheap shares and then seeing them increase.07:50 2) Not studying enough or studying the wrong thing.08:30 3) Poor financial planning.16:15 4) 19% of Australians wished they invested more at a younger age. 17:00 5) Investing in the wrong things.19:00 Emotional decisions about spending money on pets.20:04 The do’s and don’ts of investing in gold.
02:18 Thinks they are about 5 off the total 11.02:36 1) You start saving for retirement as soon as you start work.03:45 2) You always make loan repayments in full and on time.04:45 3) You shop around and look for deals.08:00 4) You prepare for the unexpected and always have an emergency fund.13:40 5) You don’t spend what you earn.14:20 6) You contribute more than the minimum super contribution.17:10 Complications to buying a house and renting it out.21:10 Consolidating your super once your mortgage is paid off.22:30 7) You have everything you need but not everything you want.23:00 8) You are progressing in your career and asking for pay rises.23:30 9) You don’t spend too much on housing – 30% of your income.23:50 10) Your money in in diversified and aggressive investments.24:20 11) You don’t have credit card debt.
03:00 How much a self managed superannuation fund costs.05:00 Why do people set up a self managed super fund?07:15 Is now a good time to re-evaluate property investment?14:40 The best way to grow your superannuation fund.17:00 Accounting costs involved in a self managed superannuation fund.20:30 Is it a good idea to switch your super provider close to retirement?22:50 Where to start if you don’t have a super fund?
02:55 What has caused the recent slump in the market?04:20 What is a market correction?06:00 Readjusting your investment mix.13:30 If 50% of your super investment is in shares, what is the other 50% investment mix?15:50 Changing your beneficiary on your super nomination form.17:10 Keeping your super in high growth - is it safe?18:30 The rules of selling your home and contributing the profit to super.19:40 Where do you go to find out where your super is being invested?21:00 The different types of super investment funds.22:00 Finding your lost super funds and rolling them in to one.
01:50 - Knight financial health check - what's involved04:10 - Financial literacy explained05:00 - Why a basic understanding of financial literacy is intertwined with your financial state06:30 - Is a bridging loan a suitable option when purchasing a house?08:10 - What could a financial planner do for you if you are financially stable?11:30 - Is it worthwhile going to an independent financial advisor rather than one at your bank?13:25 - Putting money aside for children - the best options15:20 - Tax implications when taking money out of a public trust fund17:30 - Businesses getting financial advice - the services available19:15 - Turning your super into an income stream - how to
01:20 - What is money?02:10 - What is Bitcoin?03:20 - What can you buy with Bitcoin?05:10 - What should you be doing financially at the age of 18?12:50 - Is Bitcoin dangerous?16:00 - Government co-contribution to superannuation, what is it?19:15 - The best investments for your children's savings.21:10 - Will Bitcoin ever replace money?
02:50 Fixing your loan06:31 When Superfunds increase fees08:20 Christmas Spending Statistics15:15 The Top 3 Christmas Tips17:20 Bank Shares and Capital notes18:35 Transition to Retirement Pensions19:34 Workers Compensation and tax21:35 Using superannuation vs. Loans
02:40 Advice on high income taxes.05:20 Are Australians prepared for retirement?17:56 Can you invest superannuation in crypto currency?19:46 Advice on making extra contributions to superannuation.22:10 Setting up a superannuation.24:03 Advice on Bitcoin schemes.
- How much do normal people spend in retirement?9. Do insurance companies pay out?8. How many clients do you have and what type of clients are they?7. How often can I expect to hear from you and meet with you?6. What qualifications and experience do you have?5. Are you independent or aligned with a bank?4. How do I pay-list tax?3. What returns will I get if I invest with you?2. What do you charge and how are you paid?1. How much do I need to retire?
01:10 Intro to the ‘Gamblers Fallacy’ Theory and Psychology Traps of Financial Investing03:05 Anchoring Trap04:15 Not owning up to investment mistakes05:55 Avoidance Trap06:20 Superiority Trap15:00 Pro’s and Con’s of Annuity17:20 Risks of Bitcoins and other Virtual Currencies19:25 Land tax and overlapping settlement dates
0:47 Reflecting on the 1987 Stock Market Crash.2:23 What caused the crash?4:22 Telstra shares.6:48 Binary options.12:57 Self-serve check-outs vs. customer service.16:00 Superannuation maximum and the pension.18:58 More about self-service checkouts.
03:34 Why you need to plan for longevity risk.05:43 What factors contribute to longevity.07:48 What to plan for.08:44 What happens if something changes.
01:35 What makes a good financial advisor?19:17 What is a non aligned financial planner?20:10 What are the kickbacks from large financial planner companies?20:20 What is a reasonable fee for a financial planner?22:20 Do you need to build a relationship with your financial planner?
02:48 Advice on retirement planning06:16 Underestimating the importance of growth07:19 Managing retirement when you get paid weekly08:34 Mapping out your retirement income14:50 How much should you have in reserve22:22 Assessing your risk profile for retirement
03:00 Should Bitcoin be a legitimate cryptocurrency?03:58 Who are the winners and losers of the AUD?06:30 Who is not benefitting the rise of AUD?14:57 What's the best way to buy foreign currency?20:21 Will the Reserve Bank of Australia increase interest rates?
08:07 Who can receive your superannuation?09:12 Who gets your superannuation if you don't have a will?18:20 How to get your affairs in order.20:23 How do you write your super funds into one?
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses the May budget, along with the potential major changes to superannuation and the way it is taxed and what you can put in. Although these proposed changes have not yet been legislated and whether or not the PMs team will back them in is unclear, it has seemed to create a bit of tension.
02:40 Why do Australians have high debt?05:13 How debt can go wrong?06:05 Tips on how to handle your debt.07:12 How to consolidate your debt.08:27 Changing your behaviour when managing debt.16:40 How to handle your funds when you're retiring.17:09 Why you need to create a monthly budget list.
3:00 How does compound interest work?4:20 Is it worth investing in something like Bitcoin?6:00 Examples of the power of compounding.13:00 How to set up an account for compound interest?14:30 How to open a savings account that is difficult to access.16:30 What to do now with new contribution limits to constitutionally assured superannuation funds.21:00 Potential changes for the future of superannuation.
03:40 What does traditional retirement look like?05:15 Why and how is this model changing in the future?06:25 What are our future work habits going to be?15:30 Can you purchase property with Superannuation funds?18:00 Government introducing property downsizing tax breaks for retirees.21:00 What is your age requirements for the pension age, and how to find out.
03:00 Typical situation a retiree is in.04:30 How much are you going to need when you retire?07:00 Is it possible to freeze superannuation fees if you stop contributing for any reason?12:00 Is it a good idea to set up a reverse mortgage if not currently working, but not retired yet?13:30 Transitioning a superannuation fund into a pension fund.16:00 Removing money from superannuation when your account has been closed.18:20 Where fees on superannuation fund withdrawals come from.
02:30 Defining a pre retiree, mortgage reduced or payed off, kids out of home, thinking about wealth management and retirement.03:20 The main troubles are on reducing tax, and having enough to retire - making sure enough is put away, and in the right place.06:30 Where to invest tax effectively with reduced cap on superannuation.09:30 What is the next step after heavily set up super fund to last the next 20 years.14:00 Transition to retirement pensions.16:30 Making sure your insurances are in place.
02:30 How to extract dividends from shares once they have been set up to reinvest.04:20 How to sell shares individually or through brokers.05:30 Advice for accumulators, 20-30’s with two income and no kids - the best way to spend their money to protect their lifestyles.11:30 Investing in index funds (Vanguard) for retirement.14:00 Advice on capital gains tax on selling shares that have been held for a long time.16:00 Whether to invest or pay down mortgage for 20/30 year olds.18:30 Deciding whether to sell or keep a poorly performing share.
00:30 According to a recent survey in Australia, 95% of Australians are under insured.02:30 The average Australian insurance cover is $200,000; statistically we should have about $700,000 of cover.07:30 Basic advice for claiming on your super for financial hardship.17:00 Some of the reasons people don't get paid out for insurance.22:00 How to reduce your insurance as you get older to save your superannuation fund.23:00 Taking out life insurance cover as a New Zealand citizen.25:00 Will high cholesterol effect your ability to increase your life insurance?
02:00 Setting up a superannuation fund while under the age of 18.04:00 Consolidating superannuation funds.14:00 Understanding the rate of returns on a superannuation statement.15:00 Do you pay tax when you've started a pension and are over 60?20:00 Nominating a beneficiary to a superannuation fund.22:00 Superannuation fees while unemployed.
04:00 Does a 20 year old really need life insurance?08:00 If you're still with an old super fund you could be paying outdated fees. Shopping around for a new super fund could result in a more comfortable retirement.12:00 Winter energy supplement is a small win for pensioners.14:00 You could be paying for two separate life insurance policies and have no idea.21:00 The difference between an active and passive management approach to investing.
01:00 How much do you need to retire? The rule of thumb is 2/3 of your pre retirement income.06:00 Helpful tips to ease into retirement. Going cold turkey could result in losing a sense of identity and purpose.06:30 Difference between a modest and comfortable retirement.19:30 What to include in a will. It could be beneficial for your family to be less specific in the details.
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses retirement and the upcoming rule changes to the pension in regard to those living overseas.
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses the options available as to what people can actually do with their money. Have a listen to the ways you can save before you retire.
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses current record low-interest rates, high volatility in the share market and how times are becoming tougher for those on the pension with the age pension asset test coming up in January.
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses traditional retirement and how the three stages of life (education, career, retirement) will be a thing of the past with the ongoing theme of changes to the age pension and how it is assessed.
As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses simple tips on how to bring down your debts and plan for your future. Topics such as the importance of negotiating lower home loan rates, consolidating debt with low-interest rate credit cards and understanding your superannuation are all discussed.
With the upcoming Brexit referendum, many are considering the outcomes should Britain leave the EU. As part of his regular segment on Curtin FM100.1 radio, Jason Featherby, Director of Knight Financial Advisors, discusses the financial context and how a Brexit would affect Australia.