Money Over 50

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au In life, you'll find yourself making mistakes often and it is no different in the world of investing. But, it is the lessons learnt and the decisions made afterwards that can make a positive impact on your plans.

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au Michael and Dallas discuss the importance of looking at the short term objectives and doing the best you can do during those periods. Focusing on your short term objectives can help make that long term goal become more achievable.

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au This episode has Dallas and Michael discusses the troubles that can be involved when making financial decisions that are influenced by your fears.

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au Michael and Dallas discuss a number of different types of taxes involved in retirement, revealing the most tax effective ways to use your money during this time. 

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au Dallas and Michael explain how successful investing is not just about buying shares at a cheaper price. To become a successful investor, it is more likely the long term plan that you follow will do you more good.

Please note, this episode is the 2nd version as the original file had multiple audio glitches.   For all listener questions/feedback, please contact the team at  podcast@mo50.com.au This episode reveals 5 legal loopholes/tax-savings that you can use in order to maximise your retirement savings!    

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au This listener question gets Michael and Dallas discussing some of the time frames one might look at when it comes to moving some of their retirement savings into cash. It might not be the answer you have been lead to believe!

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au Michael and Dallas discuss how the current day and age makes the possibility of providing financial advice to people outside of Townsville so much easier. They emphasise the fact that their clients who live outside of Townsville or Queensland still receive the same quality of financial advice as a Townsville resid...

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au The first of our new "Listener Question" episodes has Michael and Dallas discussing the importance of building your retirement savings even as a low income earner. They reveal strategies and tips that can help these low income earners maximise their retirement savings as much as possible. 

For all listener questions/feedback, please contact the team at  podcast@mo50.com.au In this episode Michael and Dallas discuss how being a risk-averse investor doesn't get rid of risk for you as an investor. Instead, you create a trade-off and shift that risk over to a different area. 

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Michael and Dallas discuss the importance of being in a position to meet living expenses and unexpected costs when things change, without needing to sell down your investments at discounted costs. Dallas emphasises that it does not mean for you to hold off investing to try and time the market.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Financial planning is all about trade-offs, and a lot of the time people don't understand the ramifications their financial actions can make. Having an understanding of what matters and what doesn't can help you see the big picture.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au This episode looks at a case study for a stereotypical client couple of Dallas'. Using their example to highlight the importance of having a viable retirement plan and taking the steps needed to achieve it.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au When it comes to saving money a lot of people think that it's their willpower or lack thereof that dictates how much they save. But in reality, it's a persons processes and habits that actually make the difference.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au It is said that when breeding cattle, especially in North West Queensland, you want the base of your cattle to be a tough breed (Brahman) that can withstand drought and low nutrition, and you want a softer British breed (Charolais)  to go over those cows. The theory is that the progeny of that first cross will be b...

For all listener questions/feedback, please contact the team at podcast@mo50.com.au When coming into retirement a lot of questions may run through the heads of the near retirees both consciously and subconsciously. These thoughts can be associated with financials, or even just wondering what you are going to fill your time with.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Dallas and Michael share 3 common strategies that they use with new clients to help them reach their retirement goals. These immediate changes can also be put into place by you, the listener. 

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Creating the plan is all well and good but without any action being taken, the plan doesn't mean too much. We are lucky enough to have Kylie, our Director of Financial Doing, and she is the one who gets things done.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au At Lighthouse Financial Advisers Townsville we pride ourselves in being retirement specialists, focusing on people over 50. This episode dives into our reasoning as to why we decided to focus our time on these people.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au This episode discusses the importance of utilising the concessional contributions cap each year, and the new carry forward rule which allows you to make use of missed concessional contributions from previous years.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au It has been 3 weeks since our final Covid-19 update, but after seeing such positive movements in the financial market recently, we thought it would be good to discuss how the world has finally got some wind back in its sails.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Another real-life case study on a client couple of ours who achieved their retirement goals even with job changes happening late in their working life.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au This case study focuses on the retirement plans and outcome of a single woman who wanted to be able to retire early and still have the ability to travel each year up until retirement, retaining a good balance of life. 

For all listener questions/feedback, please contact the team at podcast@mo50.com.au This episode discusses why investing in growth assets is not a perfect form of retirement planning, but compared to the other forms it is the best way.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Dallas and Michael discuss two different methods of maximising your concessional contributions in order to increase your tax savings, explaining why they prefer claiming a deduction on after-tax personal contributions to salary sacrificing.