Money Over 50

Michael and Dallas discuss diversity and how it can lead to better decision making through different experiences, knowledge, point-of-views etc. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

Michael and Dallas discuss the differences in value and price changes between gold, property and companies. A bar of gold may be worth more now than it was in the past, but it is still just a bar of gold; a Woolworths share, however, is worth much more not just because of a price shift but because Woolworths has moved from just a few stores to hundreds (increase in value). For all listener questio...

Another one of the retirement planning risks... sequencing risk. Sequencing risk is the risk that your withdrawals of your retirement savings are done at the wrong time, causing an undesirable effect to your retirement savings future returns. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

Another type of risk involved in the world of investing... business risk. Dallas and Michael discuss how the value of a particular company can fall and steps you can take to avoid this from happening. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This frequently asked question has Michael and Dallas discussing what it is they really do and why they prefer to have their clients living a sustainable lifestyle that can continue on throughout their retirement instead of saving way more or less than necessary.  For all listener questions/feedback, please contact the team at podcast@mo50.com.au

This episode discusses one of the more commonly known and feared retirement risks... market risk. The team also explain how the fear of this risk can also cause people to make the wrong decisions when regarding their investments. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This episode has Dallas ranting to Michael about why the answer "no" is more than enough reasoning to decline something. This topic focuses on why it is important for someone saving up for retirement to say no and not feel the need to explain themselves all the time. You have a goal and saying "no" will help you reach that goal. For all listener questions/feedback, please contact the team at  podc...

This episode explains how giving up a relatively small amount of money per week can yield many multiples once you have retired. Give-up X-amount and Get-Back 3x or more!  For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This is one of the more underrated, yet important, risks that needs to be taken into account when planning for retirement. This risk is dangerous because it happens slowly through the effects of inflation; now that we are living longer, these effects are much more profound. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

Another listener question, this one coming in from Kerry! Michael and Dallas discuss some of the tips and traps involved in owning a small business when it comes to setting yourself up for retirement. An incredibly common example of this is not paying yourself any superannuation.

Michael and Dallas elaborate on the frequently asked questions by prospective and current clients. This particular episode discusses the types of clients Dallas and Michael take in and some of the more common aspects of clients of Lighthouse Financial Advisers. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

If you had the choice of investing in a way that gives the highest likelihood of $2,000,000 in retirement OR invest in a way that gives you a 50/50 chance of having $3,000,000 or $1,000,000 at retirement, which would you choose?  For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This episode discusses 5 luxury goods people have while in retirement, but usually do not realise why it is a luxury. These 5 things are: having more than 10% in cash; owning your own home; having a spare room in your residence; having 2 cars; overseas travel. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

100 episodes for the Money Over 50 podcast! Michael and Dallas have enjoyed being able to provide valuable information to their listeners and are eager to keep on going. This episode will highlight some of their favourite episodes ever recorded, while discussing some of their most important points. We thank you all for tuning in! For all listener questions/feedback, please contact the team at  pod...

Depreciation is what happens when an asset loses value over time. Some may see depreciation only as the tax deduction that they can claim, but fail to realise that depreciation is really there because the asset in question is dropping in value (through things like wear and tear). For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

The last episode discussed when it is a good time to give some money to your kids. This episode goes into detail on how you should be giving money to your kids to ensure you are acting in the best interest of both yourself and your kids.  For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

Dallas and Michael discuss the topic of giving money to your kids and give examples of situations that really work well and times that don't necessarily work well.  For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

On this episode, Dallas discusses with Michael why he has decided to rent again instead of buying his own home and explains why his reasoning sits in line with those a retiree should keep in mind. It all comes back to trade-offs and the lifestyle you truly wish to have in retirement. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

A fantastic listener question coming in from Mike, asking Dallas and Michael to discuss his some options in regards to his situation. This topic explores the situation those who have most of their retirement savings tied up in investment property and the options that they have to help secure a comfortable retirement using Mike and his wife Jannene's situation as an example. For all listener questi...

Dallas and Michael discuss what it is that a financial adviser actually does for their clients. The role of guidance and direction is just as important as the technical-know-how.  For all listener questions/feedback, please contact the team at  podcast@mo50.com.au  

This episode provides some background on the Money Over 50 podcasters, diving into what their business actually looks like in terms of size. For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This episode discusses the logistics of "profit first" and how you can put the theory into place in your household. Reference: Book "Profit First" by Michael Michalowicz For all listener questions/feedback, please contact the team at  podcast@mo50.com.au

This episode discusses the theory of "profit first" Revenue - Profit = Expenses and why it is better than the old way of thinking of basing your profits off your revenue and expenses Revenue - Expenses = Profit (Michalowicz, 2017). The theory was originally based at a company level, but has been adapted by Michael and Dallas to suit a household. Reference: Book "Profit First" by Michael Michalowic...

We know that when betting on a 'sure-thing' racehorse, there is still a large chance that it won't win and you'll lose the gamble. But when it comes to investing in a single company, people struggle to see that it very similar to a gamble. The gamble can be educated, but there is still a very real risk of you losing. For all listener questions/feedback, please contact the team at  podcast@mo50.com...

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au Michael and Dallas discuss how a big of a difference a regular investment of $100 can make to your future savings. Have a look at your expenses, is there a spare $100 that is being spent each week on something with little to no value that you could invest instead?