If you wanted to lose weight, would you sit on the couch eating donuts, or have a salad and do some exercise? The answer is simple, yet many people don’t achieve their goals. Often, we want things to happen right away. This is instant gratification. And like losing weight, saving money and preparing for retirement is a long game.
In this episode, Dallas and Michael discuss the difficulties of investing in the long term – and why some people succeed while others don’t.
178 How much income can you draw from an extra $100,000 in retirement savings
177 Why you shouldn't fix your loan's interest rates
176 Your house is more like a car than a super fund
175 Why you probably need 1.1 cars in retirement and what to do about it
174 Brown M&M's (Why the little things are important)
173 Living on the Age Pension is better than being a king 500 years ago
172 Small Business CGT Concessions
171 How you should setup your own business in semi-retirement (Part 3)
170 Who should setup their own business in semi-retirement (Part 2)
169 Why you should setup your own business in semi-retirement (Part 1)
168 No one is raking up cash and setting fire to it
167 Setting up investments for the grandkids
166 The Dodge Ram index (overconfidence leads to overspending)
165 Changes to super contribution caps
164 Either save money or stop stressing about it
163 Ramsay's kitchen nightmares for retirees
162 Getting a good return is not a good retirement goal
161 The difference between a good accountant and a good financial adviser
160 Money spent is kinetic energy, money saved is potential energy
159 The most likely returns of the last 30 years
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