Aussie FIRE | Financial Independence Retire Early 27. FI case study: semi retirement, island living & getting shares stolen
Dec 6, 2024
Join a captivating exploration of financial independence through a family's journey to island living while navigating semi-retirement. The hosts unpack the benefits of ETFs, mindful spending, and tax implications of renting property. They tackle the pressing issue of identity theft and share tips for protecting investments from share theft. Engaging with diverse financial perspectives, the discussion inspires listeners to reassess their own financial goals and encourages sharing personal case studies for future insights.
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Leverage Unnecessary
- This family's strong financial situation and savings rate likely don't necessitate leveraging.
- Focus on existing investments and continued savings for their semi-retirement goal.
Premature Home Purchase
- Buying a future home now is unwise given location uncertainty and apprehension towards regional property investment.
- Their current finances and savings rate support semi-retirement through super and ETF investment.
Spending Habits
- Their high spending, excluding housing, could hinder semi-retirement plans, especially with a future mortgage.
- Consider delaying or reducing charitable giving until financial goals are solidified.