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Financial Autonomy - Solving the Asset Rich, Cash Poor Problem at Retirement

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February 22, 2023

Solving the Asset Rich, Cash Poor Problem at Retirement

Given the large increases seen in property values in recent decades, combined with more and more of us living well into our 90s, the problem of being asset rich and cash poor is becoming increasingly common. Another way to frame this problem is something an old neighbour said to me once, “Paul, you can’t eat … Continued

Superannuation

February 8, 2023

Finding the Balance between Lifestyle and Long-Term Goals

The goal of this podcast and the work we do with many of you one on one in our financial planning relationship, is to help you gain choice in life. This goal implies at its heart that having choice is a good thing, and in the context it’s intended, such as having the choice to … Continued

Investment

January 17, 2023

5 Tips to Set Yourself Up For A Fantastic 2023

The new year has arrived, you’re re-charged, it’s time to release the hand brake and get moving! Welcome back for another episode of the Financial Autonomy podcast, where our goal is to help you gain choice in life – perhaps that’s the choice to cut back to working 3 days per week, maybe it’s making … Continued

Investment

January 17, 2023

What is a Reasonable Price to Pay for an Investment Property?

In the Financial Autonomy framework there are three pathways to gaining choice, identified through my many years of working with clients and seeing how those who have successfully gained financial security and freedom have achieved this feat. Those three pathways are investing in shares, investing in property, and self-employment or entrepreneurship. As explored in the … Continued

Property

December 21, 2022

Why is record low unemployment a bad thing? What is driving markets right now?

Last week in one of our progress meetings I was asked by a client a very sensible question “why is record low unemployment a bad thing?” His question arose from a news report that was attempting to explain the economic challenges currently faced and the concerns for 2023 and beyond. One of the explanations offered … Continued

Investment

December 7, 2022

What’s a reasonable price to pay for an investment property?

In the Financial Autonomy framework there are three pathways to gaining choice, identified through my many years of working with clients and seeing how those who have successfully gained financial security and freedom have achieved this feat. Those three pathways are investing in shares, investing in property, and self-employment or entrepreneurship. As explored in the … Continued

Property

November 22, 2022

What can we learn from past market downturns?

I’m sure you don’t need me to tell you that investment markets around the world have been experiencing challenging times over the past year. Shares, bonds, and property, everything is down and there’s been few places to hide. So this week I wanted to consider what we could learn from past market declines. What can … Continued

Investment

November 16, 2022

How to Manage Sequencing Risk

What is Sequencing Risk? If we’re asked what sort of return should be expected from an investment over the long run the tendency is to rely on the long term average, or perhaps lean on the conservative side and round down a percent or two. The reality however is that from one year to the … Continued

Investment

November 9, 2022

3 Tips to Rapidly Accelerate Your Wealth Creation

Let’s talk about wealth creation. Specifically what can we do to accelerate it, hit the fast forward button. Of course there’s all the standard and perfectly prudent advice that we’ve covered many times before, spend less and save more, chase a new higher paying job, and ensure any surplus cash is invested and working rather … Continued

Investment

Property

Superannuation

October 23, 2022

What are franking credits and how do they work?

So what are franking credits? You might also see them referred to as imputation credits. These are the same thing. These credits represent tax that has been paid on your investment. They relate only to Australian shares, and then only to the portion of profits that those Australian companies have generated within Australia and paid … Continued

Investment

September 27, 2022

18 ways to Build Passive Income that work in Australia

I’ve been researching all the ways one might go about generating Passive Income. Unfortunately, many of those found on the web won’t work in Australia. So I’ve produced a custom list especially for those of us on the largest island in the Southern Hemisphere. Here’s what I’ve come up with: 1. Low input business 2. … Continued

Investment

Property

Saving Strategy

Self-Employment & Side Hustles

September 21, 2022

Holding Your Nerve When Markets Are Down

This post was inspired by a call I had with one of our clients, Nicola, yesterday, who was sweltering up in Darwin. So a shout out to you Nicola, thanks for the inspiration. If you’re feeling a little unnerved at the moment about your investments, you’re not alone. Shares, property, and bonds have all seen … Continued

Investment