Money Over 50

211 How to save for retirement without using money

When you think of saving for retirement, you'll think of saving with money/capital. However, there are some people that have worked hard and helped others throughout their life to such an extent that they tend to receive help from those others whenever they need it. These people tend to continue to do some form of work until the day they die; they truly enjoy living this way because they value being an involved & contributing member of their society/community. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

210 Protect yourself at all times (be careful of investing too conservatively)

This episode has Michael & Dallas discuss the risk of investing too conservatively, comparing it to fighting for sport, and how it can become a huge factor in why a retirement plan can get derailed. They also discuss the importance of never panicking during times of extreme volatility. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

209 Intimediary monkeys (why you need to evolve with the times)

Not long ago, many people believed cash and term deposits to be the "safer" option when it comes to investing. Nowadays, low interest rates have made these assets some of the most dangerous due to creating the risk of people running out of money prematurely. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

208 You‘ll spend a quarter of a million dollars in the first 3 years of retirement

If you were to spend $80,000 p.a. in your retirement, you'd spend almost a quarter of a million dollars in the first 3 years of retirement. This is why it is essential that you have your money invested in assets that not only grow up to your retirement date but throughout your retirement as well. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

207 Your financial adviser SHOULD BE ”too involved” in your financial life

One of the roles of a good financial adviser is to help you build better habits with your money; the job becomes hard when they have no idea what your current habits are. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

206 Poor health decisions vs poor financial decisions

When it comes to making decisions, it's often hard to make the right financial decisions because you'll usually feel uncomfortable in the short term, but after a bit of consistency and effort, it becomes easy and you'll be glad you have done so; much like eating healthier or exercising more. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

205 The importance of global companies & diversity

As we have said many many times, diversification is important to any investment portfolio. Global companies offer diversification away from Australia and can help protect you from market/economic issues that only affect the Australian economy. *Please note, we are not providing advice in this episode. This is general information only. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.

204 Listener question - Retiring before 60

The question discussed in this episode: "I am a regular listener and have you given you the 5 * rating. Thanks for the latest podcast, interesting. A big gap for me however was, you are assuming everyone is working until they are at least 60. What about those people who want to retire before they are 60, where investments outside of super are essential, or where there is an age gap between the partners and one retires at 60, but the other's super can't be accessed for a few years. Investments outside of super may be required for supplementation. Can you provide some thoughts on this?" Thanks Glenn for the excellent topic. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.