DiscoverThe Savings Tip JarThe $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko
The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

Update: 2024-10-24
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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

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The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

Savings.com.au