Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired live on Friday 4 April 2025. The topic for this week is: Investing outside of super. Most Australians know the benefits of superannuation investing for their retirement. In this episode our own Financial Planner Luke Smith takes a deep dive into the issues you may consider when considering investing outside of your super. To start the show though, Luke and Leon discuss the news that some industry funds have been subject to cyber attacks, where some pension members have had money taken from their account. If a super fund member has concerns, they should contact their industry super fund and share their concerns.
Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
- Have you completed paying off your mortgage? Have you sold an asset? What’s next?
- The act of making mortgage repayments can be turned into a savings plan, which is a good financial behaviour
- If you’re not close to 60, you might be hesitant about putting money into super because you can’t access it
- What do you have that’s surplus to your needs?
- What percentage of that can you commit to savings?
- Consider which investment platform you might use?
- Which entity will you use to invest?
- What level of risk are you willing to take on? It will determine which growth and defensive assets you invest in, remember diversification benefits
- You can link a bank account to your investment platform for ongoing savings which can be automated ongoing
- What’s the benefit of dividend re-investing?
- Also remember the benefits of ongoing savings and compounding over time!
- You don’t need lots of money to start, you don’t need to become a trader to start investing.
- Luke shares his top issues to consider when you’re considering investing outside of super.
Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’
Do you need help with investing outside of super?
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement (including transition to retirement). Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.
Luke will return to 2CC to talk about other ‘Money Matters’ next week, we hope you can join us. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.
We look forward to your company again. Luke’s book Smart Money Strategy is out now.
