The Savings Tip Jar

85: The 5 steps you need to retire at age 50, with financial planner Victor Idoko


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This week on the podcast we had special guest Victor Idoko, the founder of financial planners CFV Services. He’s here to talk to us about the five steps needed to retire at age 50! Sounds pretty tough, but doable.

People with need to weigh up the benefits and sacrifices

needed to retire at that relatively young age. As they say 50 is the new 30.

As well as this, Victor has a new book out, detailing seven

ways to grow wealth and enjoy life. As with most things, it’s as much about saving and spending, as it is about growing.

It was a great podcast chat and hopefully you get something out of it.

Also, on our fortnightly property chat with Emma, we discussed the big news coming from Victoria this week. Yes, you might have heard that the state government is minimising stamp duty for those who buy an off-the-plan, strata-titled property.

Plus we discuss the latest savings tips, and what’s making the news.

00:00-01:55 – Intro

01:55-04:47 – Savings Tips: Use cashback apps, and cheap ice cream

04:47-08:14 – Central banks cutting rates, why isn’t the RBA doing the same?

08:14-11:04 – How to get 5.50% savings rate with Macquarie

11:04-14:42 – Bank outages galore, why people are withdrawing more cash

14:42-26:09 – How has Victoria changed stamp duty for off the plan builds?

26:09-40:53 – 5 steps to retire by 50, with Victor Idoko

40:53-42:16 – Outro

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The Savings Tip JarBy Savings.com.au