Aussie FIRE | Financial Independence Retire Early

With a name like “Aussie FIRE”, you’d expect that this podcast would be all about retiring early.And, to be fair, it sort of is.However, the world of Financial Independence, Retire Early is crammed with concepts that can sometimes feel far removed from the goal of early retirement. That’s why this episode’s case study is particularly refreshing.The case study itself is jam-packed with facts, figures, and proposed investing schedules. For the sake of the episode description, we’ve whittled it down to the following:“We’ve recently started on our FIRE journey. How can we reach early retirement as soon as possible?”As always, the answer to this question will differ depending on a range of factors. Even so, by listening to Dave and Hayden do the maths around this case study, you may well find some ideas for your own FIRE goal.FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.

Hosts tackle listener questions about the balance of property investments versus shares, revealing insights into the intricacies of debt recycling. They discuss the implications of capital gains tax when selling assets, especially in uncertain geopolitical climates. The conversation highlights the need for a diversified investment strategy while cautioning against simplistic views on property returns. With a nod to the importance of personalized financial planning, they stress the relevance of mindful decision-making in navigating lifestyle inflation and retirement goals.

In the past, this podcast has delved into the practicalities and potential perils of using leverage to invest in shares. And in our completely unbiased opinion, it was a brilliant delving. However, the episode in question focused on using home equity. In doing so, left an unanswered question: how can renters or those who don’t like the home equity method, use leverage to invest?In this session, Dave and Hayden explore non-home equity channels for leverage in investing. From geared ETFs to margin loans and everything in between, the FIRE-namic duo share their thoughts. So, pour yourself a beverage and hear about leverage!FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.

Who doesn’t like a good Aussie FIRE case study?That wasn’t a rhetorical question, and we’re going to give you an answer.Monsters, that’s who.…okay, so maybe that’s a bit harsh – we’re sure there are upstanding citizens out there who don’t like Aussie FIRE case studies – but we have a feeling that YOU’ll like this one.In this session, Dave and Hayden field a question from a listener whose experience mirrors Dave’s. As per usual, we’ve oversimplified the question below so it fits into this episode description:“My partner and I own our home, and we’re thinking of living overseas for a few years. Before we go, should we focus on saving up cash, buying an investment property, or debt recycling into shares?”While there’s no universally right answer, Dave and Hayden weigh up the potential pros and cons of each choice. After the case study, they also delve into a presently trending topic: is there any value in using ChatGPT for investing?FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.

You may well have heard the (correct) adage that investing carries risk. And if you’ve ever missed a mortgage, credit card, or BNPL repayment, you’ll be familiar with the risks of leverage. So, if they’re both risky, are there any circumstances in which it would make sense to combine them?In this Aussie FIRE episode, Dave and Hayden discuss this exact topic. Join them as they cover leveraging strategy, debt options, and key points to consider. While using leverage for shares investing isn’t for everyone, this session may help you decide whether it’s right for you.FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.

What do Aussie FIRE’s Q&As and Ben & Jerry’s ice cream have in common?Two things:They both feature ampersandsThey’re both very good…okay, so that wasn’t some of our best work, BUT you should definitely check this episode out.Co-hosts Dave and Hayden have opened the mailbag to answer some of the community’s most asked questions. From “When is it okay to splurge during a FIRE journey?” to “Investment loans: yay or nay?”, this session answers a panoply of dicey questions.How many of these questions have YOU asked?FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.

Dave shares hard-won lessons from 15 years in property investing, highlighting essential truths about cash flow versus capital growth. He navigates the emotional rollercoaster of real estate markets, discussing challenges like managing cash flow and the ups and downs of tenant relationships. Humorous stories from upscale dining experiences juxtapose frugality with social status. The conversation also dives into using buyer's agents and emphasizes the importance of market timing, location, and diversification in achieving financial independence.

Listeners dive into a relatable financial dilemma as a Melbourne couple debates whether to buy their dream home or focus on investments. The discussion emphasizes balancing emotions with financial goals, particularly in the context of rising property prices. Bond strategies also come under scrutiny, especially for older investors, revealing their protective role amid risk. Additionally, trading dynamics are explored through a fun game, shedding light on market unpredictability. Ultimately, the hosts encourage thoughtful financial decisions tailored to individual circumstances.

Credit card hacking is a fascinating strategy for maximizing rewards, points, and cashback. The hosts dive into credit card churning, revealing how to navigate promotional benefits and loyalty programs. They share tips on managing multiple cards while avoiding pitfalls and emphasizing responsible usage. Personal experiences highlight the importance of strategic planning to achieve financial perks. Listeners are encouraged to explore their options cautiously as they embark on their journey to make credit cards work for their financial goals.

Much like the Chupacabra or Berkshire Hathaway’s founding story, Aussie FIRE’s FI case studies have become the stuff of legend. This time ‘round, Dave and Hayden answer a question from a listener which may well have crossed your mind:“Do I have enough in savings, investments, and super to retire early?”Of course, this person’s portfolio, income, and living circumstances are specific to them. Even so, by listening to Dave and Hayden crunch the numbers with this listener, you can form some ideas which can help shape your FIRE journey. The Frugal Fraternity (a nickname we’re trialling for them) also discuss a classic long-term investing topic: ETFs or managed funds?FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.