I retired at 52 and honestly, I wish I’d done it sooner. The 9-to-5 grind steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now - Financial Independence, Retire Early. And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember: financial freedom is within reach if you make it a priority.
Working with Lorrie Greta Hillard , a financial advisor, was a game changer. She helped me refine my savings strategy, including retirement planning, and provided expert guidance on investments and budgeting to maximize my savings.
What would be the deemed benefit of all the concessions people on the pension qualify for too? Add that to their Super and Pension income they are better off than many people working and paying tax I’d suspect.
So does that mean that if you hit the sweet spot for Super it's not counted in the assets test but deemed for income then? If this is the case then the assets test would include your other assets except for the family home? At what point does this change if you get above the sweet spot in terms of Super or is the amount above the sweet spot counted in the assets test along with everything else except the family home?
I retired at 52 and honestly, I wish I’d done it sooner. The 9-to-5 grind steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now - Financial Independence, Retire Early. And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember: financial freedom is within reach if you make it a priority.
I have 5 more years and I can’t wait!
Exactly My point! The 9to5 grind is just not worth it the stress and low payoff. What specific steps did you take to break free?
Working with Lorrie Greta Hillard , a financial advisor, was a game changer. She helped me refine my savings strategy, including retirement planning, and provided expert guidance on investments and budgeting to maximize my savings.
Got it! Thanks for the tip! I was curious, so I looked up Lorrie
So done with 9-5, its Depressing!
Great advice. People need to be open-minded and explore their options to maximise their position
What would be the deemed benefit of all the concessions people on the pension qualify for too? Add that to their Super and Pension income they are better off than many people working and paying tax I’d suspect.
So does that mean that if you hit the sweet spot for Super it's not counted in the assets test but deemed for income then?
If this is the case then the assets test would include your other assets except for the family home?
At what point does this change if you get above the sweet spot in terms of Super or is the amount above the sweet spot counted in the assets test along with everything else except the family home?
No pocket in shrouds
Being broke in later life sucks.
Bec . I love your content but this is little Australian for us poms