Welcome to our summer miniseries called #moneyforjam on the #mastersoffinancepodcast. In this first part we are looking at how you can look like the caring partner and boost up your spouse’s super balance by making a spouse contribution (while secretly doing if for your own benefit by way of a tax offset).Have a listen! More info on the hosts Ü www.moranfp.com.au Follow us on Facebook Ü https://www.facebook.com/moranfp/ Please read and acknowledge the following before listening to this episode. ...
Dec 31, 2019•8 min
Are you worried that you will run out of money when you stop work? In this episode of the #mastersoffinancepodcast we delve into how to make your portfolio last longer and ride out any periods of negative returns. We explore the idea that the sequence of the returns experienced by your portfolio has a huge impact on how long your money will last and what has been considered as the safe amount you can withdraw to try and avoid running out of money. We have also spent many years researching and cr...
Dec 18, 2019•32 min
When is the right time to retire? Plenty of people will say 'As soon as possible' but is that always the right time? In this episode we look at some of the issues of when let your job define you and what happens when you no longer have the job. We discuss some pitfalls of retiring too early as well as leaving it too long and finish with some tips to make the transition easier. Have a listen. www.moranfp.com.au
Dec 03, 2019•33 min
In this episode of the #mastersoffinancepodcast we delve into some of the biggest mistakes we see people making with their money management and also talk about some of the strategies you might use to avoid them or fix them. Do you: overspend? Hate paying your insurance? don’t know where your super is? or only make minimum mortgage repayments? Then this is podcast is for you! www.moranfp.com.au
Nov 19, 2019•51 min
Part 3 of our Estate planning special coming at ya! Have a listen to the final episode with Lav Chhabra of Perpetuity Legal where we look at some case studies of when a simple will did not provide the right outcomes for people as well as some of the issues to consider when planning the transfer of assets of a Self-Managed Super Fund. Have you nominated someone to hold your Power of Attorney? Find out why it could be important and also some of the limitations that a Power of Attorney is constrain...
Nov 05, 2019•37 min
We are back with Lav Chhabra of Perpetuity Legal for part 2 of our estate planning special on the #mastersoffinace podcast. The first time around we covered some of the really important points and roles of a will but in this episode we have a look at some of the more complex situations. Are you part of a blended family? Have you made adequate provision for everyone in your will? What eve is ‘adequate provision’? If these are questions you can’t answer then have a listen for some hot tips to solv...
Oct 22, 2019•54 min
Some new legislation that has recently come into effect allows people some extra flexibility to convert one of their most valuable assets, their home, into additional capital for tax free retirement income. In this episode we go through the new Downsizing rules and talk about how this can help you improve your quality of life in retirement. If you are an empty nester and no longer need the big family home, this one is for you. www.moranfp.com.au
Oct 08, 2019•23 min
In this episode Chris and Alex are lucky enough to be joined by Lav Chhabra, owner and founder of Perpetuity Legal, who is a highly qualified estate planning expert. In part 1 of this mini series within the podcast, we look at some of the reasons you might need a will or whether you need one at all and what are the most important things you need to think about when creating a Will. If you have ever thought about getting a Will or know that you need one but haven't gotten around to sorting out, t...
Sep 26, 2019•42 min
Have you ever heard of the Bucket company strategy? In this episode of the Masters of Finance podcast we delve into how to setup a bucket company strategy to help you reduce the amount of tax you might pay and even go into how you can use it to get some of that tax back! Find out more at www.moranfp.com.au
Sep 11, 2019•20 min
What do you do when you have built a mini property empire and reach the time when you stop working? In this episode you can find out how to capitalise on your property investment success and turn that into the retirement lifestyle you want! Have a listen. Find out more at www.moranfp.com.au
Aug 28, 2019•32 min
In this episode we have a look at some of the events that have influenced investment markets over the last 12 months including the position of the Federal Reserve on US Interest rates, some unexpected outcomes from the Royal Commission, the performance and correlation of Equity and Bond markets and of course, POTUS Donald Trump and his trade war with China. We finish off with our outlook for investment markets going forward. If you would like a copy of our print version of the Investment Outlook...
Aug 14, 2019•42 min
In this episode we attempt to quantify the value a financial adviser can add your situation. Is it all in the investment returns? Or is there more value to be found in the intangibles? Or is it as simple as having someone with a great understanding of your situation to know which levers to pull and when? Have a listen and find out. For more info head on over to moranfp.com.au or get in touch, we'd love to chat to you.
Jul 31, 2019•31 min
Have you heard of the FIRE movement? FIRE stands for Financial Independence, Retire Early. In this episode we have a look at some of the lifestyle changes required to make the FIRE concept work for you. We also have a look at some of the trade offs this lifestyle forces on you, including some that might not be apparent until much later on in life.
Jul 17, 2019•30 min
In this episode we look at the 8th wonder of the world as described by Albert Einstein, in the power of compounding returns or compound interest. This podcast is about making the decision to save small amounts early on to grow exponentially over time so you don't have to save lots later. Have a listen!
Jul 08, 2019•28 min
In this episode Chris and Alex talk about how you can take the fear and loathing out of budgeting and turn it into a positive experience that will benefit you no end. If you are scared of the 'B word' but need some help to kick your savings into action or maybe you are approaching the retirement cliff and need to throttle down on your spending, this podcast is for you! Have a listen. www.moranfp.com.au
May 29, 2019•34 min
Chris and Alex have a bit of a discussion on the fallout from the Federal Election in May 2019 and what the new (or status quo) outlook on finance related matters looks like for peoples finances. Have a listen. www.moranfp.com.au
May 22, 2019•21 min
In this episode of the podcast we are joined by Marcus Nicholson, the up and coming adviser in our office, to talk about how to protect yourself and your family financially using insurance. We discuss what some of the different types are, who should have them and address the big question of "how much insurance should I have?". If you are a small business owner, stay tuned as towards the end of the episode we also get into some succession planning and how you can use insurance to make sure that i...
May 15, 2019•42 min
In this episode Chris and Alex run through the basic building blocks you need to have in place to start to build long term wealth and then explore some of avenues to consider along the way. There is a strong emphasis on goal setting in this episode, as there is throughout the financial planning process. Have a listen. Also, as mentioned in the podcast, we have been building a new website which is now live and will be updated in the coming weeks with more content including all the past episodes o...
May 01, 2019•32 min
This episode Alex and Chris discuss Labors Election tax policies. Franking Credits, Abolition of Negative Gearing, Tax on trust distributions and superannuation. What does it mean for you, and what does it mean for the economy. Have a listen. To check out the youtube video of this podcast head over to https://youtu.be/GNIJZ-sgIbw
Apr 17, 2019•54 min
In this Episode, Chris and Alex are joined by Paul Moran to talk about the Federal Budget handed down on the 2nd of April by the treasurer Josh Frydenberg. This is a discussion and not simply just stating the changes in the tax brackets so tune in for some more philosophical analysis and some light hearted fireside chat. If you are interested in talking to either Chris or Alex then please get in touch with us through social media or by visiting our website, www.moranfp.com.au...
Apr 05, 2019•28 min
In this Episode, Chris and Alex go through some of the reasons why people like to help their children out financially and discuss how to go about saving or investing for these particular goals. Alex gives us some insight into how he is teaching his daughter to manager her pocket money and we also pose the philosophical question of whether it is better to help your children out by providing them with financial capital or financial knowledge and habits. If you are interested in talking to either C...
Mar 27, 2019•43 min
Paul Moran is back for this episode of the podcast and shares some insight into how to plan for successful retirement. Paul gives us his definition of retirement as well as identifying some key time points in the lead up and some of the actions you need to be taking to avoid falling off the 'Retirement Cliff'! We also discuss some of the things that people need to do once they do retire to make sure that they enjoy it and don't feel too lost and try and reduce the impact of cognitive decline on ...
Mar 12, 2019•40 min
This episode Chris and Alex discuss Self Managed Superannuation Funds - what are they, how are they different (or the same) from retail and industry super, and how they might work for you. Have a listen.
Feb 26, 2019•38 min
In this episode Chris and Alex are joined by Paul Moran and Podcast debutant Marcus Nicholson to discuss and dissect the recommendations handed down in the Royal Commission into Banking and Finance. This is not the extensive list but more of a conversation about the issues likely to impact consumers of financial services and us as Financial Planners. Also the Masters of Finance Podcast has been entered into the Australian Podcast Awards for 2019. We would really appreciate your help in the Popul...
Feb 12, 2019•55 min
In this episode we look at Tax Structuring - what are the options available to you based on your scenario, how can they help and how can you take advantage. Have a listen.
Jan 29, 2019•35 min
In this episode we look back on our first year podcasting together and go back through some of the big issues of 2018 as well as looking forward to some key events of 2019. Have a listen.
Dec 21, 2018•42 min
This week we hear a discussion that was recorded in July this year. We thoroughly dissect the property market, and whether we think the bubble has burst. We explore a number of the forces at play - why the market is softening, rising interest rates and a lack of wages growth. Have a listen.
Nov 14, 2018•47 min
In this episode Chris and Alex explore Lifestyle Financial Planning. Are you living a life that is aligned to what's really important to you, or are you just doing what society says you 'should'. We discuss how traditional financial advice can be overlaid with this approach to deliver value that isn't just financial. Have a listen. You can get in touch with us by getting on twitter and looking for @PlanWealth or @AlexHont.
Nov 01, 2018•26 min
In this episode Chris and Alex explore some of the options available around estate planning so that what you want to happen when you kick the bucket, actually happens. We have a look at some things that need to be in your Will, briefly discuss testamentary trusts, and look at how to transfer assets to without them passing through your estate in case of potential challenges to your Will. Have a listen. You can get in touch with us by getting on twitter and looking for @PlaWealth or @AlexHont....
Oct 16, 2018•29 min
This week we have a bit of a yarn about what changes are happening in our world. Some of our favourite topics we discuss include Artificial intelligence, driverless cars, tech companies infiltrating your wallet, blockchain & crypto, digital health records and data security. The future is here and we are embracing it! You can get in touch with Chris @PlanWealth or Alex @AlexHont on twitter.
Sep 14, 2018•26 min
