Money Over 50

175 Why you probably need 1.1 cars in retirement and what to do about it

In retirement, if you can run one vehicle rather than two, you'll be able to save yourselves a few thousand dollars each year to spend on something you'd enjoy much more. Of course there'll be times you and your partner may need a separate car, but owning a second vehicle isn't the only option. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

174 Brown M&M's (Why the little things are important)

David Lee Roth from the band Van Halen set up an ingenious visual safety clue inside the contract given to venue staff/promoters to ensure that everything was set up correctly... there were to be no brown M&M's in the bowl they'd receive an hour before their show. We have to rely on third parties such as superannuation funds for the safe custody of our client’s life savings.  As our clients work for all manner of different employers who have different preferred third-party superannuation funds as default providers, we have gotten to know which providers remove the brown M&M’s and which providers don’t. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

173 Living on the Age Pension is better than being a king 500 years ago

As a person living in our current age, it is pretty easy to fall into the trap of constantly worrying about money. However, when you have a really good think about what's available to us now (modern medicine, air-conditioning, surplus of food, machines that drive us between locations, etc.), you can see that life is actually pretty good. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

172 Small Business CGT Concessions

Capital Gains Tax can cause the net earnings from the sale of a business asset to be significantly reduced. In this episode, we discuss small business CGT concessions that can help provide HUGE tax savings if you were to meet the eligibility requirements. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

171 How you should setup your own business in semi-retirement (Part 3)

We've discussed why someone should setup their own business in semi-retirement and type of people who would benefit the most from this. Now we'll discuss how to do this, or more specifically, what things you should look out for and what to avoid. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

170 Who should setup their own business in semi-retirement (Part 2)

In the previous episode, we discussed why someone should setup their own business in semi-retirement. In this episode we discuss who can really benefit from having this in their financial/life plan, and looking at who this might be a bad idea for. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

169 Why you should setup your own business in semi-retirement (Part 1)

One option that a lot of people tend to not think about, leading up to retirement, is to setup their own business doing something that they are passionate about and enjoy.  For all listener questions/feedback, please contact the team at podcast@mo50.com.au.

168 No one is raking up cash and setting fire to it

Spending is down and savings are up….  Your typical news headline during a recession.  This is always portrayed as kryptonite for companies, however, the last time that we checked, "no one is raking up cash and setting fire to it!" (Michael Hogue 2008).  Since the dawn of time (another classic claim that Michael often overuses to start a sentence) companies have been adept at moving quickly to reduce costs when spending is down, then ramping up quickly when spending is up. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.