In today's community Q&A, Glen James and Martin McGrath unpack: π what is spouse super splitting and who would this strategy suit ππΌ can/should anon open a new pension account for an inheritance? ππ½ when to fill out a notice of intent to claim for a super contribution ππΎ can my motorhome be deemed my primary residence for Centrelink purposes? If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.r...
Jun 25, 2025β’35 min
If youβve paid off the mortgage, the kids are grown, and retirement is on the horizon, you might be wondering... do I still need life insurance? In this episode, Glen and insurance adviser Phil Thompson from Skye Wealth dig into how to know if you're overinsured, how to reduce premiums without going cold turkey, and the real reasons people hang onto cover (even when they might not need to). Plus, when income protection and disability cover might still be worth it in your 50s and 60s. Considering...
Jun 18, 2025β’41 min
Glen & Martin unpack how the proposed $3 million super tax (Division 296) actually works. They cover whoβs likely to be affected, how the tax is calculated (including the controversial unrealised gains), and what options you might consider if youβre close to the threshold. Covered in the episode: ππΌ who the $3m tax applies to (and who it doesnβt) ππ½ how the tax is calculatedβincluding unrealised gains ππΎ when this could start and why the date might shift ππΏ tax planning options: keep...
Jun 11, 2025β’56 min
In this episode, Glen and Vince Scully break down WRAP accounts and how they can be used for wealth accumulation and retirement planning. They discuss their benefits, tax advantages and features, and how they provide greater control and flexibility compared to traditional superannuation funds. They also clear up common misconceptions and explain when a WRAP account may be beneficial based on your financial situation and retirement goals. Glen and Vince cover: π what exactly is a WRAP account? οΏ½...
Jun 04, 2025β’1 hr 3 min
Got a rental property youβre thinking of selling before retirement? In this episode, Glen and Martin break down how to use your super to reduce your capital gains tax. They touch on: π how capital gains tax works when selling an investment property ππΌ using concessional contributions to reduce your tax bill ππ½ what carry-forward rules let you do (and who qualifies) ππΎ the bring-forward rule and using non-concessional contributions ππΏ when it makes sense to prioritise super over mortgage...
May 28, 2025β’39 min
In this episode, Glen and Martin walk through a real case study where a couple in their early 70s boost their Centrelink age pension by upgrading their home and drawing down super. They break down how the rules work and how strategic planning can improve cash flow without reducing lifestyle. To see the visuals head to our YouTube channel! Glen & Martin discuss: π upgrading the home to reduce assessable assets ππΌ using super drawdowns to access more age pension ππ½ case study: before and ...
May 21, 2025β’38 min
In today's episode Glen and Martin answer a listener question about quitting a casual job at age 60 and what that means for accessing super. Plus, they dive deep into the behind-the-scenes super components that can affect tax, estate planning and insurance. They touch on: ππ» when quitting a job at 60 lets you access super π the difference between preservation age and conditions of release ππΌ how βtaxableβ vs βnon-taxableβ super components actually work ππ½ why eligible service dates (ESDs)...
May 14, 2025β’41 min
Retirement isn't a full stop anymore, it's a new rhythm. In this episode, Glen sits down with Kat McPhee from Aware Super to unpack how Aussies are redefining retirement, why so many feel anxious about money, and how to plan for a future that's flexible, confident and uniquely yours. They discuss: ππΎ why retirement anxiety is on the rise ππΏ finding structure and purpose after full-time work ππ» how to 'un-retire' or ease into part-time π key watchouts when drawing from super ππΌ tools to ...
May 07, 2025β’36 min
In todayβs episode, Glen and financial adviser Martin McGrath tackle your retirement questions, including: ππΌ is there a death tax in Australia? ππ½ how can I use recontribution strategies to minimise tax? ππΎ help! my downsizer contribution wasn't approved! If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retirer...
Apr 30, 2025β’49 min
In todayβs episode Glen James and financial adviser Martin McGrath discuss key points from a Grattan Institute report which details a simpler super system that would allow retirees to stress less, spend more, and enjoy their retirement years. Glen and Martin also explain what annuities are and how they can be used in your retirement strategy. For more on annuities check out the episode below. Read the Simpler Super report here: https://grattan.edu.au/report/simpler-super/ π§ Listen to the annuit...
Apr 23, 2025β’41 min
In today's episode Glen and financial adviser Martin McGrath chat about what to do with your money during this uncertain economic climate, how much financial advice costs and why it could save you from making huge money mistakes in retirement. They also discuss one listener's question about her 90yo grandad. If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Reti...
Apr 16, 2025β’45 min
Stop! Don't panic! I ask you to pause and step back and not do anything out of fear when it comes to investing and your superannuation. Episode on YouTube with presentation: https://youtu.be/xHNAhZrtBNE?si=dQHe3-9tjw52NyOO Perth Live Show tickets: https://www.eventbrite.com/e/m3-live-in-perth-tickets-1295263831989 John's Property Masterclass in Perth: https://events.humanitix.com/perth-property-workshop-25 The Quick-Start Guide to Investing (book): https://amzn.to/4iQ9qua =======================...
Apr 06, 2025β’1 hr 4 min
How much super do you need for a comfortable retirement? Glen and financial adviser Nathan Fradley break it down with real life numbers, covering: π how much the age pension pays & who qualifies ππΌ the impact of homeownership on retirement savings ππ½ super balances - will $500k, $1M, or $1.5M last? ππΎ why spending in retirement feels different (and how to plan for it) ππΏ how Centrelink payments change as your super runs down If you want to see the numbers in action, check out the ep...
Apr 02, 2025β’37 min
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.au/ π‘ Join the retire right facebook group: https:/...
Mar 26, 2025β’1 hr 3 min
Got mortgage questions in retirement? Mortgage broker Rachelle Kroon from Sphere Home Loans joins Glen in this episode to unpack your questions. The touch on: π whatβs the cut-off age for a new loan? ππΌ can you refinance in retirement? ππΎ how parental guarantees work if you're retired ππ» bridging finance - is it still a thing and is it worth it? If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.re...
Mar 19, 2025β’51 min
Big changes are coming to aged care from 1 July, and we've got aged care expert Rachel Lane back to break it all down. Glen and Rachel dive into whatβs changing, how it affects costs and care, and what you need to know if you or a loved one might need aged care in the next few years. They touch on: π major reforms coming to aged care in July ππΌ why aged care is getting more expensive ππ½ understanding home care vs residential care ππΎ how Government support is changing ππΏ the financial mi...
Mar 12, 2025β’51 min
Today's Q&A is packed with great questions from the Retire Right community and Glen is joined by financial adviser Nathan Fradley to unpack them: π what to do with a $500k property sale before retirement ππΌ can you claim a tax deduction on extra super contributions? ππ½ when should you start shifting your super to more defensive assets? ππΎ plus, estate planning, pension strategies & more If youβd like to chat with someone about your personal situation, reach out to our team so we c...
Mar 05, 2025β’57 min
Thinking about downsizing but confused by the options? Rachel Lane, Australiaβs leading aged care expert, joins Glen to break down the differences between lifestyle villages and retirement villages. They cover on: ππΌ how contracts and fees differ ππ½ whether you own the home, the land, or neither ππΎ the real deal with exit fees and capital gains ππΏ what to check before signing the dotted line π how to know if a village is the right fit for you Downsizing Made Simple by Rachel Lane & ...
Feb 26, 2025β’1 hr 5 min
In today's Q&A episode, Glen and financial adviser Vince Scully from Life Sherpa discuss community questions, touching on: π tax and retiring overseas ππΌ how small business owners can access super in retirement ππΎ investing inside vs outside of super ππ½ whether selling a block of land before retirement makes sense If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Si...
Feb 19, 2025β’45 min
Loaning money to family can get messy, fast. In this episode, Glen shares a real life case study where a son wants to help his dad out of a financial mess by buying his house at a discount. But what seems like a good deed could wreck Centrelink benefits, estate planning, and family relationships. If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right new...
Feb 12, 2025β’27 min
What should you do with your super as you approach retirement? Economist Brian Parker from Australian Retirement Trust joins Glen to break it all down. They chat about: ππΌ the magic numbers of 60, 65, and 67 ππ½ how to invest super in your 50s and beyond ππΎ managing risk as you move into retirement ππΏ why super is your money (and safer than you think) π common mistakes to avoid in drawdown phase If you want more insights from Brian, check out his deep dive on the economy in episode 805 o...
Feb 05, 2025β’46 min
In today's Q&A, Glen and Martin discuss your questions about: π can you leapfrog investment properties to avoid capital gains tax? ππΌ can you access super at 60 while still working? ππΎ what circumstances define "ceasing employment?" to access your super ππ½ what investment strategy should you have for your super as you near retirement? If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retirerig...
Jan 29, 2025β’40 min
In today's bonus episode Glen and Martin go deeper on your questions about planning a caravanning trip around Australia. They touch on: π what to do with your home while travelling ππΌ strategic ways to use long service leave to fund your trip ππ½ budgeting for fuel and other costs ππΏ dealing with waste ππΎ managing the βholiday mindsetβ on the road ππ» and the challenge of balancing flexibility and booking parks in advance If youβd like to chat with someone about your personal situation,...
Jan 23, 2025β’43 min
Ever dreamt of hitting the road and exploring Australia? In today's episode, Glen chats with Retire Right cohost, Martin McGrath who shares how he and his family turned that dream into reality... twice! Plus, we play an audio clip from listener of the show Colin who shares his caravanning experience! Martin shares his top tips, lessons learned, and what it really costs to caravan across the country, including: ππΎ the planning process: from gear to finances ππ» budgeting for the big trip (and ...
Jan 22, 2025β’51 min
In this episode, Glen and John Pidgeon, cohost of this is property, unpack smart strategies for managing property as you approach retirement. They cover: π how downsizing can free up cash ππΌ the growing trend of sidesizing ππ½ renovating with resale in mind ππΎ balancing lifestyle and property goals ππΏ tips for leveraging investment properties ππ» and why planning ahead is key for a smooth transition Check out John's book, Sort Your Property Out & Build Your Future at sortyourpropert...
Jan 15, 2025β’44 min
In today's episode, financial advisers Martin McGrath and Wayne Terry tackle retirement planning strategies and considerations for singles and widows, focusing on how to make the most of your assets. They also dive into a scenario of retiring with a $2M portfolio - unpacking whether to set up a pension, live off a managed fund, or rely on cash income. If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.ret...
Jan 08, 2025β’31 min
To kick off the new year financial advisers, Martin McGrath and Wayne Terry answer your questions about: π funding your pre-super years if retiring before 60 ππ½ best way to structure joint investment property ownership ππΎ CGT strategies for moving shares into super If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email...
Jan 01, 2025β’41 min
Retirement comes with its fair share of uncertainties, but understanding the risks can help you retire confidently. In this episode, Glen chats with Ben Marshanβformer financial adviser and head of policy at the Financial Planning Association (FPA)βto unpack some of the biggest risks retirees face and how to tackle them. With years of experience helping clients and advisers navigate retirement, Ben shares valuable insights on how to approach this crucial life stage. They touch on: π longevity r...
Dec 25, 2024β’1 hr 4 min
In one of our final community Q&As for the year, Glen and Martin chat about: π why you may or may not need a financial adviser ππΌ tax implications for inheriting shares and holding vs selling ππ½ and using testamentary trusts in estate planning If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireright.com.a...
Dec 18, 2024β’28 min
In today's episode Glen and financial adviser Martin McGrath answer your questions about: π the transfer balance cap ππΌ investment and education bonds for kids ππ½ is super really as safe as everyone thinks? ππΎ investing in ETFs inside vs outside of super If youβd like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help Sign up to the Retire Right newsletter here: https://email.retireri...
Dec 11, 2024β’35 min
