537 | Is Your Super Enough to Retire On? The Top 5 Finance Questions – Answered!

The Property Couch

Ever Googled a finance or money management question and felt more confused than before?

We know the feeling! That’s why, in Ep 537, we're continuing our series on the internet's most searched questions, this time homing in on your top finance and money management questions.

Here's a sneak peek of what we cover:

💡 How much Superannuation do you actually need to retire?
💡 Is a high-interest savings account worth it?
💡 Does your credit score matter in Australia?
💡 What is debt recycling? (Will it help you pay off your mortgage faster?)
💡How does Compound Interest Work, and why is it so powerful?

PLUS, Ben covers the critical rental law reforms in NSW & VIC that investors and renters need to understand in “What’s Making Property News.” Stick around until the end!

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• Have a look under the bonnet! Free sites to check your credit scores:
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Chapters

1. 537 | Is Your Super Enough to Retire On? The Top 5 Finance Questions – Answered! (00:00:00)

2. Footy season is starting... 😉 (00:02:30)

3. Join the waitlist for our third book to unlock bonuses (00:03:44)

4. FREE WEBINAR: How to Retire on $3K a Week! (00:04:25)

5. Mindset Minute: "If you did not come from a wealthy family, make sure a wealthy family comes from you!" (00:04:55)

6. Q1) How much Super do you need to retire? (00:07:09)

7. What is the Rule of 25? (00:07:47)

8. Why it’s not a question of “if” (00:11:19)

9. The #3 investment strategies (00:12:46)

10. How much wealth do you need? (00:13:49)

11. Our verdict: The investing combination for a comfortable retirement (00:15:43)

12. Q2) Should I get a High Interest Savings Account (HISA)? (00:19:10)

13. Who is it good for? (00:21:56)

14. Your high-interest savings account checklist (00:22:36)

15. If you have a mortgage, THIS is better set-up... (00:24:31)

16. The options for different scenarios (00:26:18)

17. Q3) Does credit score matter in Australia? (00:28:35)

18. EXPLAINED: How is credit score calculated? (00:31:25)

19. Websites to check your credit score (00:32:02)

20. The red flags which determine your score (00:33:20)

21. How an investment-savvy mortgage broker will make a difference to your credit score (00:35:55)

22. Be warned! Banks don’t like “transient bank users” (00:38:41)

23. How to improve your credit score: Primary accounts, credit limits, and more (00:40:03)

24. Credit score ranges & what they mean (00:41:59)

25. The book that’ll help you maintain a good credit score! (00:43:25)

26. Q4) What is debt recycling? (00:45:32)

27. Are these revolutionary strategies? (00:47:27)

28. Example: You’ve got a $50,000 mortgage (00:49:08)

29. When this strategy works (and doesn’t!) (00:50:30)

30. The pros & cons (00:52:39)

31. Q5) How does Compound Interest Work and why is it so powerful? (00:54:31)

32. Why Warren Buffet’s autobiography is called Snowball (00:55:24)

33. Asset selection is still critical! (00:56:18)

34. $10,000 at 7% compound interest: What’s your return? (00:57:24)

35. The Rule of 72 (00:59:38)

36. Key takeaways (01:01:21)

37. Warren Buffet’s wisdom (01:02:55)

38. Lifehack: Distraction or disruption? (01:05:10)

39. WMPN: NSW’s changes to rental laws (01:09:37)