Discover essential financial strategies from industry expert Roger Sousa, focusing on building wealth, protecting assets, and planning for a secure retirement. This episode highlights the importance of early planning, diversification, and getting professional advice to ensure long-term financial health.

Key Topics:

The evolution of financial planning industry over the past 25 years
The importance of building financial defense alongside wealth accumulation
Lessons learned from real estate investing and long-term wealth building
Diversification across property, shares, and structures for optimal growth
The significance of planning 10-20 years ahead for retirement goals
How to effectively use cash flow analysis and understand expenditure
The role of insurance and financial defense in wealth protection
Strategies for building assets early to avoid reliance on age pension
The impact of the Royal Commission on industry credibility and education
Building a proactive roadmap for retirement, including fun and lifestyle considerations
Timestamps: 00:00 - Introducing the episode: Building wealth and financial defense
02:00 - The industry’s changes over 25 years and industry credibility
04:00 - Lessons from starting in real estate and investing for long-term wealth
06:30 - Diversification strategies: property, shares, structures
08:00 - The importance of early planning: 10-20 years ahead of retirement
10:15 - How cash flow analysis informs wealth building
12:00 - The vital role of insurance in financial defense
14:00 - Building assets early and planning for lifestyle and fun in retirement
16:30 - Addressing misconceptions about property and asset allocation
18:00 - Setting a retirement roadmap regardless of age
20:00 - The value of transparent client communication and information sharing
22:00 - Retirement lifestyle planning and fun expenses integration
24:00 - Building a buffer for unexpected costs and supporting family
27:00 - The importance of asset diversification and property strategies in super
29:00 - The benefits and considerations of Self-Managed Super Funds (SMSFs)
31:00 - Ensuring cash flow sufficiency before property investments
33:00 - Actionable advice for those feeling financially exposed or uncertain

Resources & Links:

🎙️ Guest Roger Sousa - Socials & Contact:
🌐 Website: www.asperum.com.au
💼 LinkedIn: linkedin.com/in/roger-s-36993192/
📧 Contact: [email protected]

🎙️ Host Tom Carr – Socials & Contact:
💼 LinkedIn: linkedin.com/in/tomrcarr
🔗 Website: wombathomeloans.com.au
📧 Email: [email protected]

🎧 The Property Web – Socials:
📸 Instagram: @thepropertywebpod
📘 Facebook: @thepropertywebpod
📧 Email: [email protected]

This episode offers practical insights on creating a resilient financial plan, emphasising early action, diversification, and professional guidance to secure your future lifestyle.