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

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• JOIN THE WAITLIST: Want to Retire on $3k a Week?
  Our third book, How to Retire on $3,000 a Week, is coming out soon—and it’s packed with our best-ever tips, tools, and frameworks to help you achieve your lifestyle by design. Join the waitlist now to get VIP bonuses and behind-the-scenes content. 

• FREE WEBINAR: How to Retire on $3K a week
  Tuesday 25 March, 7:30pm AEDT
  In this exciting session, we’ll walk you through the strategies and money management set-up you need to achieve this goal. Reserve your seat now! 

• Smart Money Management with Moorr:  
  Supercharge your savings with Moorr—our powerful app that helps you track, save, and grow your finances seamlessly! Create a free account or log in today!  

• Free Book: Make Money Simple Again
  Discover our proven rules-based system that’ll show you how to improve and maintain a healthy credit score—making your financial life simpler!   

• Have a look under the bonnet! Free sites to check your credit scores:  
  • Equifax.com.au  
  • Experian.com.au  
  • Checkyourcredit.com.au 

• Articles from Ben’s “What’s Making Property News”: NSW’s changes to rental laws  

• Leave us a Q for our next Q&A Day!
  Reach out to Bryce on Instagram or through our SpeakPipe. (And get a free Start & Build course if your Q is featured!)   

Timestamps  

• 0:00 – Is Your Super Enough to Retire On? The Top 5 Finance Questions – Answered! 
• 2:30 – Footy season is starting… 😉 
• 3:44 – Join the waitlist for our third book to unlock bonuses 
• 4:25 – FREE WEBINAR: How to Retire on $3K a Week!  
• 4:55 – Mindset Minute: “If you did not come from a wealthy family, make sure a wealthy family comes from you!” 
• 7:09 – Q1) How much super do you need to retire?  
• 7:47 – What is the Rule of 25?  
• 11:19 – Why it’s not a question of “if”   
• 12:46 – The 3 investment strategies  
• 13:49 – How much wealth do you need?  
• 15:43 – Our verdict: The investing combination for a comfortable retirement  
• 19:10 – Q2) Should I get a High Interest Savings Account (HISA)?  
• 21:30 – Who is it good for?  
• 22:10 – Your high-interest savings account checklist  
• 24:05 – If you have a mortgage, THIS is a better set-up…  
• 25:52 – The options for different scenarios  
• 28:09 – Q3) Does credit score matter in Australia? 
• 30:35 – EXPLAINED: How is credit score calculated?  
• 31:12 – Websites to check your credit score 
• 32:30 – The red flags which determine your score 
• 35:05 – How an investment-savvy mortgage broker will make a difference to your credit score 
• 37:51 – Be warned! Banks don’t like “transient bank users”  
• 39:13 – How to improve your credit score: Primary accounts, credit limits, and more 
• 41:09 – Credit score ranges & what they mean 
• 42:35 – The book that’ll help you maintain a good credit score!  
• 44:42 – Q4) What is debt recycling?  
• 46:37 – Are these revolutionary strategies?  
• 48:18 – Example: You’ve got a $50,000 mortgage  
• 49:40 – When this strategy works (and when it doesn’t!)   
• 51:49 – The pros & cons 
• 53:41 – Q5) How does compound interest work and why is it so powerful? 
• 54:34 – Why Warren Buffett’s autobiography is called Snowball 
• 55:28 – Asset selection is still critical!  
• 56:34 – $10,000 at 7% compound interest: What’s your return?  
• 58:48 – The Rule of 72  
• 1:00:31 – Key takeaways  
• 1:02:05 – Warren Buffett’s wisdom  

And… 

• 1:04:20 – Lifehack: Distraction or disruption?  
• 1:08:47 – WMPN:  NSW’s changes to rental laws