Building wealth in the lead up to retirement

In this Australian Retirement Podcast episode, your hosts Drew Meredith, from Wattle Partners, and James O'Reilly, from Northeast Wealth discuss all things superannuation and how to accelerate your savings in the lead up to retirement.

Topics covered today:

1 Everything you need to know about super

2 What to do with your cash flow surplus in your 40s, 50s and 60s

3 Clear your mortgage or boost your super?

4 Most effective strategies to build wealth quickly

5 Which super fund is right for you?

Resources for this episode:

~~ Resources for the show ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

[MorleyLEE]

Informative podcast. It would have been more helpful if you could laugh less.

[adamabbas]

My father outsourced his super with one of those outsourcing groups. He was getting charged 7% commission!! It ate all of his profits

[MarcusRowan-fv]

Terrific podcast - both very clear and concise; thank you. Trying to figure out if there’s any case to keep funds out of the super environment as you wind down…

[rc]

As of 2026 employers will make contributions every pay cycle. Very important to look at your transaction costs. Smsf, self allocation etc could create a lot of brokerage costs.

[ianlimn]

Found that was very useful for me where I'm at. Cheers guys. 👍

[megazone]

You are a great team and I enjoy your podcasts. I'm in a large industry fund close to retirement. Can you please cover at some point the merits of leaving a small accumulation balance alongside pension account and is this a method of getting funds currently in offset accounts or investment property proceeds into super in the future.

[peterpanousis]

Under normal circumstances, contributing to super is a no brainier. However, when markets are getting smashed like they are now, and super totals are actually dropping, I prefer to hold off and leave my money in the bank.

[brucesherborne]

Is it good to aim pay off mortgage first or salary sacrifice into super and pay mortage out of super later

[EmmaTerry]

Hypothetically, is it better to monthly contribute (salary sacrifice) towards <30k concessional OR save up same amount and apply the debt recycle approach?

[bazilbrush]

Good info guys, and I stash my money away if that helps ;>...

[amyhudson]

Australia is the most taxed country in the world when you consider so called fines that are out of proportion plus GST, plus state tax, plus federal tax, councils gouging for the simple things that use to be free as a constituent. Nobody is getting rich or even comfortable. It’s all

[videoish]

Super ..super & more super. For gods sake it’s the best tax avoidance you can get for the average worker

[sueschoers]

I think that 'death tax' will be introduced in Australia in the not too distant future. The government will no doubt dip their hands into the wealth of baby boomers in the handover to the younger generation. As a self funded retiree, who does not have any tax structures that put your assets at arms length. How can we pass on our wealth to avoid death duties but still retain access to this to fund my old age?

[anomadhunter]

The title of this episode made me laugh our loud - "building wealth" in Australia...what a joke. The confiscatory tax regime in Australia makes it impossible to build real wealth.