Aussie FIRE | Financial Independence Retire Early

By Hayden Smith & Dave Gow

The Aussie FIRE podcast is the ultimate guide to Financial Independence for Australians. Having started life as an e-book, then an audiobook, it's now reached its final form: a podcast that will ke

... more

FAQs about Aussie FIRE | Financial Independence Retire Early:

How many episodes does Aussie FIRE | Financial Independence Retire Early have?

The podcast currently has 121 episodes available.

Best of Aussie FIRE | Financial Independence Retire Early

The most played episodes among Podcast App listeners.

Number 1: 88. Savings vs offset vs investing: How each stacks up at 6% interest rates
A few years ago mortgages were under 2% and cash earned you nothing. Now rates sit around 6% and every option looks different: savings accounts are suddenly respectable, offsets feel like a guaranteed win, and borrowing to invest looks scarier than it maybe is. Dave and Hayden work through how a high-rate environment reshuffles the deck, and the mental shortcuts that lead people astray in both directions. In this episode we'll discuss: 💸 Savings accounts are back, but interest is taxed at your marginal rate, and plenty of high earners forget that 5% is really more like 3% 💸 A quick test for whether you're carrying too much debt: how nervous do you get before RBA meetings? 💸 Dave's peak-debt confession: millions owed in his twenties, and why a 2% rate rise would have broken the strategy 💸 The offset trap: why "a guaranteed 6% return" isn't permanent (it moves with rates), and why "6% tax-free equals 10% invested" is the wrong comparison. Compare after-tax returns to after-tax returns 💸 Waiting for rate cuts before investing: why asset prices reprice on the way down, and if everyone has the same plan, you need to be early for it to work 💸 Dave's counterintuitive maths on borrowing to invest: how borrowing at 8% into a low-yield growth ETF can still come out ahead after the tax deduction 💸 Why people happily suspend the maths for property ($923 a week in interest on an $800k Sydney apartment) but won't extend the same long-term logic to shares 💸 Hayden's crusade: housing's advantages are mostly structural (CGT exemptions, pension treatment, cheap secured lending), and why he wants mortgage-rate loans against boring index ETFs to exist 💸 A cracking listener tip from Jared: pay a lump sum into the loan and ask the bank to recalculate your repayments. Unlike an offset, it actually improves your monthly cash flow 💸 The cherry-picked chart problem: the friend who "proved" property beats shares using 1998 to 2018, and why you should go find the raw data The thread through all of it: know what a decision actually costs you over the long term before you anchor to big theoretical numbers. Questions, disagreements or your own scenario: [email protected] or reach out on socials at Strong Money Australia and Pearler. Follow us on Instagram Watch on Youtube Ask a Question FI Case Study Request Form Pearler Strong Money Australia Original Aussie FIRE e-book Dave's books on Amazon and Spotify Disclaimer: Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it's appropriate for you. You should also consider seeking professional advice before making any financial decision. Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide Hosted on Acast. See acast.com/privacy for more information.
August 21, 20261h 6min
Number 2: 89. How to increase returns without doing anything crazy
There are plenty of ways to chase higher investment returns. The problem is that most of them also come with more risk, more work, or both. Dave and Hayden sort the sensible tweaks from the bigger bets, looking at ways investors might improve their long-term results without putting their whole FIRE plan on the line. In this episode we'll discuss: 💸 Why quitting stock picking could actually improve your returns, and Hayden's two near-misses with Boeing and Qantas 💸 The brutal maths of individual stocks: a small number of huge winners drive much of the market's long-term return, which makes consistently picking them incredibly hard 💸 Why fees matter more as your portfolio grows, from expensive funds and advisers to the recurring costs hiding in your everyday budget 💸 The simple super tweak that could have an enormous impact over 40 years: matching your investment option to your time horizon and risk tolerance 💸 Debt recycling as an optimisation strategy: using money you were already planning to invest while gradually turning home-loan debt into deductible investment debt 💸 Tax efficiency beyond debt recycling, including asset ownership, income versus growth, super, and why your marginal tax rate can change the return you actually keep 💸 Why Dave and Hayden are comfortable holding relatively small cash buffers, and the trade-off between emergency cash and keeping more money invested 💸 The next level of risk: borrowing to invest, geared ETFs, and the questions to ask before adding leverage to your portfolio 💸 Hayden's argument for looking for a discount rather than simply asking what will grow fastest, plus Dave's case for paying attention to mean reversion in unloved markets 💸 Why thematic investing sits somewhere between index investing and stock picking, and why a convincing story about AI, healthcare or any other theme isn't the same thing as a guaranteed return 💸 The case for looking beyond traditional investments, from commercial property and private businesses to earning a profit share or commission by taking more responsibility at work 💸 Hayden's take on outsized returns: there are usually two paths — more effort or more speculation — and owning part of a business can give you more influence over the outcome than simply parking money in an asset The thread through all of it: there are ways to squeeze more from your long-term plan, but extra return rarely comes free. Sometimes the opportunity is cutting costs or improving tax efficiency. Other times it means taking on more risk, effort or uncertainty. The important part is knowing which one you're accepting — and making sure the potential reward is worth it for you. Questions, disagreements or your own scenario: [email protected] or reach out on socials at Strong Money Australia and Pearler. Follow us on Instagram Watch on Youtube Ask a Question FI Case Study Request Form Pearler Strong Money Australia Original Aussie FIRE e-book Dave's books on Amazon and Spotify Disclaimer: Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it's appropriate for you. You should also consider seeking professional advice before making any financial decision. Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide Hosted on Acast. See acast.com/privacy for more information.
August 28, 202654min
Number 3: 90. VAS disappoints, avoiding a crash, US tech forever?
Is the Aussie share market still worth it? Should a new investor wait for the next crash? And how much tech exposure is too much? Dave and Hayden open the listener mailbag and tackle three questions that all circle the same problem: it's very easy to make long-term decisions based on what has worked lately. In this episode we'll discuss: 💸 Whether broad Australian shares still make sense for long-term income, especially after a weaker dividend period had one listener questioning their strategy 💸 Why a high-yield Australian share ETF has beaten the broader Aussie market over the past five and ten years — and why that doesn't mean it will keep doing so 💸 Recency bias in action: the temptation to look at the last decade's winner and assume you've found the best investment for the next decade too 💸 Why comparing cash with shares over a single year doesn't tell you much, especially when shares have both an income and a growth component 💸 The hidden risks inside REITs: leverage, management decisions and concentration in areas like offices or retail can make a high yield less simple than it first appears 💸 Why "normal" share market returns can suddenly look disappointing after a decade of extraordinary US tech performance 💸 A question from an 18-year-old worried about an approaching market crash — and Dave's argument that a bad market early in your investing journey can actually help long-term accumulators 💸 Why nobody knows when the next crash is coming, and why spending years waiting for one can sometimes hurt more than the crash itself 💸 Hayden's way of thinking about US market risk: look past the headlines and consider what the biggest companies actually own, earn and do 💸 Why starting slowly can make sense if you're nervous, rather than waiting on the sidelines for the "perfect" entry point 💸 A listener planning to invest $1,000 a fortnight for 40 years, with 70% in a US index and 30% in a concentrated mega-cap tech ETF 💸 The concentration problem hiding inside that portfolio: many of those same giant tech companies already make up a large part of the broader US index 💸 Why doubling down on a theme can work brilliantly — but also leaves you more exposed if that part of the market goes through a long stretch of poor returns 💸 The trade-off at the heart of diversification: you might miss some spectacular winners, but you also reduce the chance of landing near the worst possible outcome The thread through all of it: nobody knows which market, sector or strategy will lead over the next decade. Recent winners can keep winning, or the whole picture can change. Diversification won't make your portfolio the most exciting one in the room, but it can make long-term investing much easier to stick with. Questions, disagreements or your own scenario: [email protected] or reach out on socials at Strong Money Australia and Pearler. Follow us on Instagram Watch on Youtube Ask a Question FI Case Study Request Form Pearler Strong Money Australia Original Aussie FIRE e-book Dave's books on Amazon and Spotify Disclaimer: Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it's appropriate for you. You should also consider seeking professional advice before making any financial decision. Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide Hosted on Acast. See acast.com/privacy for more information.
September 04, 202642min
Number 4: 91. Work optional at 34 with Anthony Nguyen
Anthony Nguyen spent around a decade building towards financial independence. But when he got close to his target, he did something many people struggle to imagine: he stopped early. After years in commercial banking, Anthony took a career break, stepped away from the corporate world, and discovered that financial independence wasn't really about doing nothing. It was about creating the freedom to do more meaningful work, build stronger relationships and design life on his own terms. In this episode we'll discuss: 💸 How Anthony went from feeling the Sunday scaries in commercial banking to Googling "how do I not work forever?" and discovering the FIRE movement 💸 Why he moved away from individual shares and towards ETFs after learning some painful early investing lessons 💸 Why property investing never appealed to him, despite growing up in Sydney surrounded by the belief that property should be the default path 💸 Renting forever by choice: how minimalism, travel and geographic freedom shaped Anthony's view of housing 💸 The 50% savings rate he adopted early in his career, and how salary increases went straight into investments instead of lifestyle upgrades 💸 Why Anthony didn't wait until reaching 25 times his annual expenses before stepping away from work 💸 The impact of Die With Zero, and why good health, time and financial stability pushed him to bring his plans forward 💸 Why the first year of freedom wasn't simply endless travel, cycling and hobbies — and how boredom and isolation forced him to rethink what a good life actually looked like 💸 Anthony's version of a perfect day: meaningful work, meaningful relationships and some form of physical activity 💸 Why FIRE didn't remove work from his life — it helped him discover work he actually wanted to do 💸 Going from full-time banking to no work, then part-time work, freelancing and eventually creating content and building a cycling community 💸 The loneliness nobody talks about after leaving a 9-to-5, and why Anthony had to deliberately rebuild social connection and routine 💸 His current portfolio approach, with most of his net worth in ETFs and smaller allocations to individual shares and crypto 💸 Why he no longer treats the 4% rule as a hard target, and how even modest income from meaningful work can change the maths dramatically 💸 The psychological shift that comes from earning your first dollar outside a salary — and why Anthony believes people often underestimate their ability to earn again after leaving corporate life 💸 Why he's now giving himself permission to spend more, rather than automatically investing every spare dollar 💸 Anthony's question for keeping lifestyle creep in check: "What is my enough?" 💸 His practical suggestion for anyone getting close to FI but unsure about quitting: check whether your employer offers a career break and test the lifestyle before making the leap permanent The thread through all of it: financial independence can solve the money problem, but it doesn't automatically solve questions around purpose, identity, relationships or how to spend your time. For Anthony, stepping away from corporate life wasn't the end goal. It gave him the space to work out what he actually wanted his life to look like. Questions, disagreements or your own scenario: [email protected] or reach out on socials at Strong Money Australia and Pearler. Follow us on Instagram Watch on Youtube Ask a Question FI Case Study Request Form Pearler Strong Money Australia Original Aussie FIRE e-book Dave's books on Amazon and Spotify Disclaimer: Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it's appropriate for you. You should also consider seeking professional advice before making any financial decision. Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide Hosted on Acast. See acast.com/privacy for more information.
September 11, 202648min
Number 5: 87. From investment properties to ETFs: how Dave actually made the switch
Most people sit firmly on one side of the property versus shares fence. Dave Gow spent 15-plus years on both, building a property portfolio, hitting the borrowing ceiling, then selling down to fund the ETF portfolio he now lives off. In this episode Hayden puts him through a barrage of listener-style questions on how the transition actually works, and why most property investors have never honestly audited their returns. In this episode we'll discuss: 💸 Why the property-only plan stalled: maxed-out borrowing capacity, and cash flow forecasts that looked grim even with the properties paid off 💸 The mechanics of the switch: sell a property, park the lump sum in an offset, live off part of it, and dollar cost average the rest into ETFs over a couple of years 💸 Why holding maximum debt while living off your portfolio rarely works, even when the maths of leverage looks appealing 💸 Surviving the brutal years: Perth rents falling while expenses rose, negative cash flow on a falling asset, and why Dave banked on mean reversion 💸 The self-delusion audit: anchoring to purchase price and forgetting stamp duty, holding costs, selling fees and CGT. "I bought for 600 and sold for a million" rarely means what people think 💸 Why leverage only works when returns clearly beat the cost of servicing it, and why interest rates and timing matter more than the property you pick 💸 How much you need to retire via property: roughly 30 to 35 times annual expenses instead of 25, to cover selling costs and tax on the way through 💸 Which property to sell first: most equity, strongest market, worst cash flow, and the psychology trap of always keeping the recent winner 💸 Dave's contrarian take on Melbourne: why the unloved market (with some land, away from apartment oversupply) might be the interesting one Questions, disagreements or your own scenario: [email protected] or reach out on socials at Strong Money Australia and Pearler. Follow us on Instagram Watch on Youtube Ask a Question FI Case Study Request Form Pearler Strong Money Australia Original Aussie FIRE e-book Dave's books on Amazon and Spotify Disclaimer: Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it's appropriate for you. You should also consider seeking professional advice before making any financial decision. Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide Hosted on Acast. See acast.com/privacy for more information.
August 14, 202642min