Future-proof your lifestyle: why investing matters

19 Dec 2024 Back

Why is investing so important? How far can the age pension really take you? And is it ever too late to start building your wealth through property?

In this series starter, podcast host Damian Collins sits down with Certified Financial Planner Fran Hughes to tackle the essential questions on why, when and how to start your investment journey. Together, they delve into the importance of investing, the shifting landscape of retirement, and actionable strategies to help you take control of your financial future.

In the episode, you’ll hear about:

  • The limitations of relying solely on superannuation and the age pension
  • How the retirement landscape is evolving and what this means for you
  • The 80/20 rule for balancing savings and investments
  • Damian’s biggest regret in his own investment journey
  • The advice Fran and Damian would give to their younger selves
  • When to consider seeing a financial advisor

 

Enjoyed the episode? Learn more about the frameworks Damian has used to help thousands of investors build wealth through property in his Amazon best-selling book, Property Investing Roadmap: How to build an income from property for life.

Featuring

Damian Collins

Host, Property Investing Roadmap
Managing Director, Momentum Wealth
Chairman, Westbridge Funds Management

Damian Collins is the Founder and Managing Director of residential property advisory, Momentum Wealth, and Chairman of Australian property funds management company, Westbridge Funds Management. Damian is the author of the Amazon Best Seller, Property Investing Roadmap: How to build an income from property for life and host of the Property Investing Roadmap podcast. He is a well-known advocate across Australia’s real estate industry, previously serving as President of the Real Estate Institute of WA (REIWA) from 2018 to 2022 and as a Director of the Real Estate Institute of Australia. Having been an active property investor himself for over 30 years, Damian continues to apply his extensive experience to help fellow investors grow wealth through direct and syndicated property investments.

    Fran Hughes

    Mini-Retirement Coach & Certified Financial Planner

    Fran Hughes is a financial coach who authored her own hero's journey. As a 14-year old finding herself in a financial predicament, Fran chose to use her lateral-thinking approach to pay her way through private school, complementing school learning with financial education and in doing so, discovering her passion for financial coaching. A business owner with 35 years’ experience, Fran has built and sold several award-winning financial planning firms, retiring several times between projects. She believes that the face of retirement is evolving, with many opting to take mini-retirements throughout their careers, just as she did. She is a well-respected active member of the community as the FPA Chapter Chair, future2 foundation ambassador, finance columnist for the West Australian newspaper and regular finance expert on radio. In 2020 and 2021, Fran was awarded FS Power Australia's Top50 most influential financial advisor.

    Thanks for tuning in! If you’re enjoying the podcast, please take a moment to rate us to help others discover the show. Please note that the information shared on Property Investing Roadmap is general in nature and doesn’t take into account your individual circumstances. The information is for educational purposes only and should not be relied upon for investment or financial decisions. Always seek professional advice before deciding whether to invest.