Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired live on Friday 11 October 2024. Luke this week is joined by Nicole Overall who is sitting in the chair for Leon Delaney. Recently, Luke and Nicole talked about negative gearing. One of the issues they didn’t talk about was that there’s lots of people out there who aren’t wealthy but have an investment property and are trying to get ahead. They would be greatly affected by any changes made to the current rules.
This week’s discussion is wide ranging and includes negative gearing, changes to aged care costs, and contribution to super limits. Does the system work for retirees and those who need aged care? Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
- Luke and Nicole continue the conversation about negative gearing.
- Luck versus making the decision to improve yourself and your position.
- Changes to the aged care system and what it’s going to cost you.
- Aged pension benefits versus being self-funded the retirees and aged care dilemma.
- Should we be allowing people to contribute more to super and get a tax deduction, so they look after themselves?
- Are our governments planning with a system that rewards people for looking after themselves?
- Current super contribution limits reduce the opportunity for people to self-fund themselves.
- We’d also benefit from a simplification of the system!
This podcast is also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’
Do you need help with your future financial plans?
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement. Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.
Luke will return to 2CC to talk about other ‘Money Matters’ next week. You can catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.
We look forward to your company again and Luke’s book Smart Money Strategy is out now.
