Welcome back to another episode of the 360 Money Matters Podcast!
In this episode we have a special co-host Patrick Nong - Financial Adviser and Partner at 360 Financial Strategists.. We discuss the delicate balance between debt repayments vs wealth accumulation for retirement. We explore various strategies, such as increased superannuation investments, increased debt repayment and stress testing retirement income projections. We also touch upon the human element in financial decision-making, including differing priorities between partners and the influence of behavioral finance.
Tune in now and learn how to balance debt, grow wealth for retirement, and navigate the complexities of financial decision-making.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights
Debt and retirement planning
Balancing the art and science of financial advising
Retirement income planning
Creating options for clients
Importance of addressing financial planning early
Navigating trade-offs and psychological considerations
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