285. Investing for your 40's
About this episode
This episode discusses investment strategies and financial planning for individuals in their 40s, addressing common concerns and misconceptions.
If you're heading into your 40s (or already there) and worried you've missed the investing boat, this one's for you. Following their episodes on investing in your 20s and 30s, Tash and Ana tackle the decade where compounding starts pulling its weight, but mortgages, kids, ageing parents and lifestyle creep are all fighting for the same dollar. Ahead, behind or starting from scratch, it's not too late. In this episode we'll discuss: 💸 The maths of starting at 40: how $1,400 a month at a 7% return (not guaranteed) could make you a millionaire by 65, and why smaller amounts still count 💸 A timely scam warning: the fake accounts and WhatsApp groups impersonating Tash, how to spot an imposter, and what to do if you've been caught 💸 Why your 40s call for a more serious setup: super contributions to reduce taxable income, carry forward rules, insurances, and when a financial adviser's fee starts being worth it 💸 The $100,000 deck conversation: Ana's framework for lifestyle creep ("if someone gifted you the money, would you actually spend it on this?") 💸 Why feeling behind is the worst reason to take on more risk, and the Princeton research linking financial stress to a 13-point IQ…
More episodes of Get Rich Slow Club
- 286. Emergency funds 101: how much you need and where to keep it (part 1)
- 284. Is your 9-5 actually safe?
- 283. Is FIRE still a realistic goal in 2026?
- 282. How this 33 year old is investing $5k a fortnight
- 281. Bonus Budget Episode: The latest on SMSF and Testamentary Trust Changes
- 280. Investing for your 30s
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