Episode 28: Can You REALLY Retire Early and Still Enjoy Life?

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Episode Description:

In this episode, we’re joined by Natalie Philips, State Manager of Allianz Retire+, an Australian company dedicated to developing retirement products to meet the unique needs of Australian retirees.

We talk about the economic challenges Aussies face in achieving early retirement, the importance of having a financial coach to guide you through life stages, and the role of budgeting and discipline in creating good financial habits.

We also discuss the impact of interest rates and the cost of living on household earnings, the need to structure finances correctly to maximise income, and the benefits of making catch-up contributions to superannuation.

If you want to understand how to balance enjoying your current lifestyle while securing your financial future, then make sure to listen to this episode!

Timestamps:

00:00 – Intro

02:38 – Natalie’s Background

04:53 What Are The Economic Conditions Australian’s are Facing Right Now?

07:00 – What are the Focuses of Clientele in Their 20s-30s?

09:04 – Tackling the Challenges & Focus Areas of Clientele

14:14 – Finding a Balance with Discretionary Spending Habits

18:49 – 45-55 Year Old Clients: What are Their Focuses & Retirement Goals?

28:57 – Looking Gearing & Debt for Clients

34:02 – Conclusion

57:40 – The Three Things to Consider When Deciding to Stay Or Go In Your Insurance

58:40 – Outro