James O'Reilly

James O'Reilly, a financial advisor and co-host of the Australian Retirement Podcast, joins to unravel the mystery of Restricted Stock Units (RSUs) and Employee Stock Purchase Plans (ESPPs). He explains why RSUs exist, how they impact cash flow, and the tax complexities involved. Discover common pitfalls employees face with their RSUs and strategies to avoid them, ensuring these financial tools help achieve major goals. Plus, O'Reilly shares a useful spreadsheet to simplify management of RSUs!

James O'Reilly, a senior advisor at Rask Advice, shares his journey from retail to financial planning. He discusses crucial money decisions for 20-somethings, like choosing between property and ETFs for investment. The First Home Super Saver Scheme is explained, along with its benefits and tax implications for first-time buyers. James also emphasizes emergency funds during career transitions and offers insights on financial preparations for starting a family. His personal lessons on financial planning are both relatable and practical for young investors.

Deep dive into personal insurances: income protection, TPD, and life insurance with financial advisers. Discusses the risks of being underinsured, navigating insurance options in super funds, adjusting coverage, rising costs as you age, estate planning, and choosing the right benefit period for income protection. Also covers wealth management services and the importance of insurance in safeguarding assets and making sound financial decisions.