“If you're in your 20s and you go and you change your superfund to a good low cost superfund, versus staying in the default one ... that compounding effect is significant by the time you reach retirement”

Tahli Cavagnino · Australian Retirement Podcast · 7 retirement mistakes that can derail your plans

Play from 15:26
15:26

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Advocates switching to a low-cost super fund early in a career rather than staying in the default fund

Said nearby on the same subject

“I’ve purposefully reduced LP count: fund 1 60 LPs, fund 2 50, fund 3 22… keeping the fund small lets me stay flexible with checks and aligned with LPs.”
♫
Said on TBPN
Why it worked fund 1 ≈ 60 LPs; fund 2 ≈ 50 LPs; fund 3 ≈ 22 LPs; $35 M fund size Share this moment
“It can pay to borrow a little bit of extra money to cover some of those bigger ticket maintenance things rather than using your emergency fund”
PN
Pat Noll
Equity Mates Investing Podcast ·
Why it worked Share this moment
“Low cost index funds… you’re competing with a PhD in liquid dynamics from MIT… with supercomputers and AI.”
SG
Scott Galloway
BiggerPockets Real Estate Podcast ·
“Default way for defining your service boundaries is around your business domain ... rather than technical decomposition”
♫
Said on The Pragmatic Engineer
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.