The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko
Description
This week on the podcast we had special guest Victor Idoko, the founder of financial planners CFV Services. He’s here to talk to us about the five steps needed to retire at age 50! Sounds pretty tough, but doable.
People with need to weigh up the benefits and sacrifices
needed to retire at that relatively young age. As they say 50 is the new 30.
As well as this, Victor has a new book out, detailing seven
ways to grow wealth and enjoy life. As with most things, it’s as much about saving and spending, as it is about growing. It was a great podcast chat and hopefully
you get something out of it.
As well as this we discuss the newly introduced super cap of $3m and what this means for those looking to retire.
00:00-00:30 - Intro
00:30-03:30 - The steps to retire at age 50
03:30-05:58 - Enjoying life before 50
05:58-07:31 - Avoiding lifestyle creep
07:31-09:28 - Salary sacrificing super
09:28-11:35 - The $3m super cap
11:35-13:38 - Book plug
13:38-15:23 - Outro