The Strategy Stacker - Luke Talks Money

By Luke Smith

Luke Smith is The Strategy Stacker. He's an experienced financial planner and each Friday afternoon talks about money with Leon Delaney on 2CC Talking Canberra. Luke's down to earth approach breaks do... more

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The podcast currently has 513 episodes available.

The Strategy Stacker - Luke Talks Money episodes:

February 09, 2026Luke on 2CC – What is a Transfer Amount in the PSS and what can I do with it?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 6 February 2026. Luke is joined by Leon Delaney to talk about a super topic that is specific to people who have been employed within the Public Sector. The topic is: What is the Transfer Amount in the PSS and what can I do with it? The Public Sector Superannuation (PSS) Superannuation Scheme is a defined benefit scheme. This means it doesn’t work like a regular accumulation superfund and has special rules about how benefits are calculated and taken. The rules aren’t always easy to follow. The calculations to work out the benefits aren’t as straight forward as you might think.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Many people look at their numbers and can’t figure out why they’re not getting the amount that’s on their paperwork.
What is a Transfer Amount in the PSS?
How do I work out what my Transfer Amount is?
Where did my Transfer Amount come from?
The PSS has special retirement rules. You can start a pension or take a pension and lump sum from the PSS at age 55.
What financial planning options are available to you if you have a Transfer Amount?
It’s important to know your concessional contribution limit if you plan to use a second super fund and seek a tax deduction for your super contributions to it.
You can start a concessional contribution strategy with a second super fund of your choosing.
If you’re over 60, you can rollover the Transfer Amount to start a Transition to Retirement strategy, outside of the PSS, with that money. This strategy is not available inside the PSS.
Of course, you’ll need to select a normal super fund (an accumulation fund) outside of the PSS to implement these strategies.
It’s important to note that the Transfer Amount, and what you do with it has no impact on the calculation of your benefits at retirement with the PSS.
What are the issues you may consider when selecting another super fund?
You can fund personal insurance in a super fund outside of the PSS too, using your Transfer Amount as a basis for starting that new fund.
Luke shares his tips to help you understand the Transfer Amount and consider your options.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/02/The-Strategy-Stacker-Luke-Talks-Money-06022026.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help with retirement planning in the PSS or what to do with your Transfer Amount?
If you have a Transfer Amount within your PSS, is it working hard for you? Make an appointment with Luke if you need help to do more with it. Luke can also help you with PSS retirement planning too.
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 own goals and 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.
...more
17min
February 02, 2026Luke on 2CC – What happens if I hit the Transfer Balance Cap?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 30 January 2026. Luke is joined by Leon Delaney to talk about a super topic that causes many superannuation members heartburn. The topic for this week is: What happens if I hit the Transfer Balance Cap? What does it mean for my superannuation and retirement income? The transfer balance cap is an Australian superannuation rule that limits how much of your super you can move into a tax‑free retirement pension (an account-based pension). Many people dislike it because it restricts tax‑free earnings, adds complexity, and can create unexpected tax bills if breached.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
What is the Transfer Balance Cap?
How much is the cap in 2026? What will it be indexed to on 1 July 2026?
When is the Transfer Balance Cap triggered? It does not impact you if your money is still in super and it does not impact you if you start a transition to retirement legislation.
What makes up the cap? Defined benefit schemes are considered towards your Transfer Balance cap.
How do I work out how much my defined benefit scheme impacts the cap?
Not everyone will have the same Transfer balance cap, remember it is only triggered when you start your pension. Therefore, a person who started a pension three years ago will have a different transfer balance cap to a person who started one today. This means you need to understand the rules as they apply to your own situation – not someone else’s situation.
And while the Transfer Balance Cap is indexed each year, it doesn’t mean you get the full indexation applied to your own cap. Many people fall into the trap of thinking they are eligible for the full amount of indexation when they will not be. Let’s just say you have used 90% of your cap in the year of starting a pension. This means there’s 10% left. It also means you are only eligible for 10% of the indexation.
Remember, Total Super Balance rules deal with how much you can put in, Transfer Balance cap rules deal with tax when you start taking it out in retirement.
How is the tax relating to the Total Super Balance actually calculated? It’s not as bad as most people think!
Why is it important to get advice on this for your own retirement planning?
Luke shares his tips to help you understand the Transfer Balance Cap.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/02/The-Strategy-Stacker-Luke-Talks-Money-30012026.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help to work out your Transfer Balance Cap and how to manage it?
Retirement Planning can be complicated and with many rules and regulations to consider, it’s important you find and create your own retirement strategies and plan, for your own situation and goals. Make an appointment to meet with Luke if you need advice.
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 own goals and 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.
...more
17min
January 26, 2026Luke on 2CC – What is the Total Super Balance?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 23 January 2026. Luke is joined by Leon Delaney to talk about a specific aspect of super that is poorly understood by most. The topic for this week is: What is the Total Super Balance (TSB)? Luke takes a deep dive into this topic, what it is and how it impacts your retirement planning.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
In past show’s we’ve talked about how much money you can put into super.
You can put in $120,000 tax free as a non-concessional contribution or 3 times that amount.
This is a great opportunity to boost super if you’ve inherited some money, sold an asset or want to boost a partner’s super balance before retirement
But there is a limit on how much you can put into super using concessional contributions; that’s the role of the TSB.
The total super balance is now $2 million.
This means once you reach that amount, you’re not longer eligible to make non-concessional contributions to super.
Therefore, you need to check your balance to see if you’re eligible to contribute using non-concessional rules. Many people fail to check.
You can however still make a concessional contribution to super, even if you’ve reached $2 million.
Total Super Balance is not the same as Transfer Balance Cap – the two terms are often confused. Total Super Balance determines your eligibility to make concessional contributions to super, while the transfer balance cap determines what tax, if any you might pay on your super.
What strategies can people consider if they’re close to the $2 million total super balance?
Couples should make use of the rules, to ensure both make the most of their individual TSB amounts.
Making concessional contributions is important for estate planning too, especially for adult children who benefit from your super or pension.
Those with defined benefit funds should also be aware the TSB rules apply to them; defined benefit funds are not exempt and have an amount recorded against them for the total super balance. Check with your fund to find out yours or in your Mygov account.
If you’re going to hold money outside of super, consider a family trust alongside your super or pension income.
Luke shares his tips to help you understand the TSB and make the most of your concessional contributions.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/01/The-Strategy-Stacker-Luke-Talks-Money-23012026.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help to work out your Total Super Balance or start retirement planning?
Do you know what your Total Super Balance is? It pays to know when you’re retirement planning so you can make the most of concessional contributions to super. Make an appointment to meet with Luke if you need help.
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 own goals and 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.
...more
18min
January 18, 2026Luke on 2CC – Can I use the transition to retirement strategy to save tax?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 16 January 2026. Last week we spoke about the transitioning to retirement opportunity, how you can work less and take home the same pay using your super. This week we continue the transition to retirement strategy but focus specifically on how you can use the transition to retirement strategy to reduce your tax. Luke takes a deep dive into this financial planning strategy what it is, what the rules are and how it works.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Did you know you can also use the transition to retirement strategy to boost your super and save tax?
The transition to retirement strategy can provide the funds you need to make a tax-deductible super contribution.
Everyone can make a $30,000 dollar contribution and get a tax deduction. This amount includes the contributions made from your employer.
As an example, if your employer puts in $15,000 into you still have $15,000 free to make your own contribution and get a tax deduction.
The are some rules around accessing the transition to retirement strategy, including you need to be over 60.
If you’re over 60, money taken from your transition to retirement account is tax-free. You don’t pay income tax on it.
Check that your super fund offers a transition to retirement option.
You need to still keep a super fund open for your employer contributions and your contributions which are eligible for the tax deduction.
What if I haven’t used my $30,000 limit in the past, is there a way to catch up? Yes there is!
The tax benefits for the catch-up contribution rules can be significant; tax is only 15% for super. Many people pay more than double that amount on the income tax on their take home pay each year.
Can I use the salary sacrifice strategy to get the same result? No not always, it really depends on your situation.
Apart from topping up my super, can I use the transition to retirement income to pay off a mortgage?
The transition to retirement strategy can also be used to lower your super balance under 500k, so you have the ability to get more in under the rules.
While the rules are complicated, there’s good financial planning opportunities to consider so think about your options.
Don’t forget to lodge your ‘Notice of intent’ if you wish to claim a tax deduction for your super contributions, with the super fund you made the contributions too.
Luke shares his tips to help you explore and start a transition to retirement pension to boost your super and save you tax.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/01/The-Strategy-Stacker-Luke-Talks-Money-16012026.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help to transition to retirement or retire fully in 2026.
Would you like to improve your retirement position and save tax? A transition to retirement strategy might be right for you. Make an appointment to meet with Luke if you need help to explore it.
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 own goals and 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.
...more
17min
January 11, 2026Luke on 2CC – Can I reduce my work hours but still earn my normal wage?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 9 January 2026. We wish all our listeners a happy and safe 2026 and we welcome back Leon Delaney who is well rested from a holiday in Queensland. We turn to the topic for our second episode of the year: Is there a way to reduce my working hours but keep earning what I am earning? Many people at this time of year have enjoyed the break and the thought of 5 days on the tools or in the office isn’t that appealing. The good news is that there is a way to reduce your working hours and keep your income the same. It’s called the transition to retirement strategy and Luke takes a deep dive into what it is, what the rules are and how it works.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Do you have the return to workplace blues?
The transition to retirement legislation is a great way for you to work less hours and top up your income from your super while you still work.
How does the strategy work to help you replace your income from working a shorter work week?
How do you start a transition to retirement from your super?
How old do I need to be to use this strategy?
How much income (pension) do I need to take from a transition to retirement pension?
You also need to have a conversation with your employer, to see if they’ll agree to you having a shorter work week!
If you take the maximum (10% of the account balance), which may be higher than what you need to replace your income, you may do several advantageous things with it, like putting it into an offset account to reduce your mortgage repayments, you could also put some back into your super and claim a tax deduction if you’re eligible to do so. You might also pay down debt with it.
Can I still use this strategy even if I don’t reduce my working hours? Yes you can! It’s a good way to pay off the mortgage for you too.
Can the strategy be used if you’re in the CSS or PSS?
Can the strategy be used in a self-managed super fund?
Do you need to change your underlying assets to use this strategy?
How do you start a transition to retirement pension?
Luke shares his tips to help you explore and start a transition to retirement pension.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/01/The-Strategy-Stacker-Luke-Talks-Money-09012026.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help to transition to retirement or retire fully in 2026.
Would you like to improve your lifestyle by working less hours and maintaining your income? A transition to retirement strategy might be right for you. Make an appointment to meet with Luke if you need help to achieve your financial goals.
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 own goals and 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.
...more
17min
January 06, 2026Luke on 2CC – Setting financial goals for 2026
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 2 January 2026. We wish all our listeners a happy and safe 2026. The topic for the first episode of 2026 is setting financial goals for the new year.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Measure your expectations and then take action that is sustainable.
Knee jerk changes don’t work in the medium and longer term, so don’t try and do too much too quickly.
Start by thinking about where you want to go over the next 12 months.
Break the action down into smaller bite size chunks.
What have you got coming in, what have you got going out – understand where your money is going.
Look at your results on quarterly basis – not monthly, give yourself time to work towards the bigger goals.
Beware of social media – it’s a highlight reel of people’s life, you don’t actually know how they pay for it!
Micro investing apps are a great way to start investing and you don’t need much to start.
Work with your partner, if you’ve had one, get on the same page and do it together, it’s easier with you both going in the same direction.
Work towards your goals at a pace that works for you.
Removing the waste and the clutter – is a great way to also make a few dollars by selling what you don’t need.
Think about how automation can help you reach your goals, like setting up a savings plan or investment with regular contributions.
Luke shares his tips to help you step forward in 2026.
https://www.envisionfinancial.com.au/wp-content/uploads/2026/01/The-Strategy-Stacker-Luke-Talks-Money-02012025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need financial planning advice to help reach your 2026 goals?
2026 will be a big year for many people. Some will start retirement planning, and some will actually retire! If you need help, make an appointment to meet with Luke.
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 own goals and 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.
...more
0min
December 21, 2025Luke on 2CC – 2025 in review, a new year is just around the corner!
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 19 December 2025. The topic for this week is a great show to end the series before the Christmas break. The topic: 2025 in review. It’s time to take stock of what’s been happening this year, including legislative changes and financial strategies to help you keep your eye on your goals in 2026.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Good news for employees this year, your employer contributions rose to 12%, helping you save more for retirement.
The transfer balance cap and the total super balance both rose to $2 million dollars. Why is this important?
The proposal to tax unrealised capital gains was quashed. An increase tax was however passed on super balances over $3 million.
Downsizer legislation changed this year, it’s now available to those 55 and over, (it was 60 previously)
The super guarantee threshold was removed, even low income / part time workers are now eligible to receive super.
Converting preference shares are being phased out by APRA.
Contribution limits to super are still low, which is disappointing.
Don’t worry about proposals until the legislation becomes real. Governments will always float ideas.
Sharpen up your spending in 2026, know where your money is going.
Luke shares his tips to help you reflect on 2025 and think about your go forward for 2026.
https://www.envisionfinancial.com.au/wp-content/uploads/2025/12/The-Strategy-Stacker-Luke-Talks-Money-19122025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Has your financial life met your expectations in 2025? Do you need advice in 2026?
The end of year is a great time to reflect on where you’re at and where you’d like to be. There’s been a number of changes this year that might be opportunities for your own financial situation. Make an appointment to meet with Luke if you need advice in 2026.
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 own goals and 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.
...more
19min
December 15, 2025Luke on 2CC – Misconceptions about financial matters – Don’t let them cost you money!
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 12 December 2025. The topic for this week is one that everyone can learn from as we head towards Christmas. In this episode Luke shares the most common misconceptions about financial matters he’s heard from clients this year. There’s a lot of information out there, but not all of it is good and some of it is from people who aren’t qualified on social media chasing more followers. This podcast aims to separate the facts from the fiction and provide you with the right information to start thinking about your own financial planning journey.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
I’ve retired and I can’t add any more to super. So that option closed to me. That’s not correct!
Can I start a new pension if I already have one? Yes you can and there might be good reasons to do it.
Can I stop a pension once I start it? Yes you can, you could roll it back to super, add more money in and re-start a new pension.
If my super balance is over 500k today, I can’t use the catch-up legislation, that means I’m not eligible – not true, 30 June of the previous financial year is the balance they consider.
I can only make a contribution of 10% to PSS Super. That’s not correct, you may make a contribution to another super fund and get a tax deduction too.
My kids won’t be taxed on my super if I pass away. If they’re adult children, they will.
If I don’t want an industry super fund, I have to get a SMSF – no there’s another option, a retail personal super fund.
SMSF’s are the most expensive option when it comes to super – with a high account balance they’re actually the cheapest.
My Will looks after my superannuation if I pass away. No correct, you’ll need to get a death nomination from your super fund.
I need to combine all my super into one fund. No there are reasons to have more than one, depending on your goals which might also include insurance and estate planning.
Luke shares his tips to help you navigate financial planning matters.
https://www.envisionfinancial.com.au/wp-content/uploads/2025/12/The-Strategy-Stacker-Luke-Talks-Money-12122025-1.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help sorting out your own financial planning opportunities?
Acting on the wrong information can be costly, and the pathway to making the most of your investments, super and retirement is not always clear. Make an appointment to meet with Luke if you need help and get some personal advice for your situation and help achieve your own goals.
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 own goals and 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.
...more
19min
December 08, 2025Luke on 2CC – Can I gift money and assets to my children?
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 5 December 2025. The topic for this week is one that will affect many parents. Can I gift assets to my children? Increasingly Australian parents if they can afford to are gifting money and assets to their adult children to help them start out in life, perhaps to help them buy their first home or help with the deposit. The short answer is yes you can, but there might be consequences.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
Yes you can gift anything to anybody you want
Is gifting a tax event? Is there a gift tax in Australia?
If you sell an asset to gift you might be liable for capital gains tax.
Should you give a financial gift or should loan it to them instead with a proper agreement?
What are the implications of gifting from a Centrelink perspective?
What are the Centrelink gifting rules?
You might be assessed as owning the asset, even though have gifted it, in the eyes of Centrelink.
Even though Centrelink will want to know about loans you make, having formal paperwork offers you protection should a breakup occur for example between your child and their partner if you were to lend them money to buy a home.
Does moving money between spouses trigger gifting rules? The answer is no!
Why might you gift between spouses?
If you’re not retired, be mindful of what impacts gifting to children will have in the future on your Centrelink entitlements.
Remember there’s also benefits to a part-pension even if you’re not entitled to the full aged pension.
Remember gifting has a wide definition in the Centrelink rules.
Luke shares his tips to help you navigate gifting to your spouse and your children.
https://www.envisionfinancial.com.au/wp-content/uploads/2025/12/The-Strategy-Stacker-Luke-Talks-Money-05122025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help assessing if gifting is the right financial decision or how you might do it?
Are you thinking about gifting to adult children? It might pay you to seek advice before you do, so you understand the consequences of making such a gift. Make an appointment to meet with Luke and seek personal financial advice for your individual situation.
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 own goals and 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.
...more
17min
December 01, 2025Luke on 2CC – How to avoid tax from super when you die
Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 28 November 2025. The topic for this week is one all Australians need to pay attention to as not taking the right action can cost you tens of thousands of dollars in tax. This week Luke explores how to avoid tax on super when you die. Did you know that if you leave super to non-dependants they are taxed? While we don’t have any death taxes in Australia this looks and acts like it. Seeking good advice about financial planning including estate planning in regard to super and pensions can deliver you with more certain outcomes.
But before they start the show Luke and Leon have a quick chat about the new Bureau of Meteorology website which cost taxpayers $98 million dollars! Let’s hope someone is held accountable for this outrageous waste of public money.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
If you’re over 60 your super is tax free – but only for you!
Luke shares the experiences in his office where there’s client disbelief about such a tax on super could exist!
How does tax on super work?
Remember that are two components of super in tax terms, a taxable component, and a tax-free component.
The taxable component is the one you need to pay attention to in regard to tax when you pass.
How do I find out what my taxable component is?
The tax applies to those who are over 18 and are non-dependant.
How can I turn the taxable component into a tax-free component? It’s a little tricky but not impossibly complex.
Essentially you make use of the re-contribution strategy.
How much can I put back into super so it will be a tax-free component?
Make sure you re-contribute it as a tax-free contribution.
Luke provides an example of the strategy in action.
Remember, when you start a pension the tax outcomes are locked in depending on your components.
It therefore is important to plan sooner rather than later!
Can you have a second super and second pension account – Yes you can and it makes sense in the case of the recontribution strategy.
Luke shares his tips to help you navigate the tax on super issue and using the re-contribution strategy.
https://www.envisionfinancial.com.au/wp-content/uploads/2025/11/The-Strategy-Stacker-Luke-Talks-Money-28112025.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need help planning your super, retirement and estate planning?
How to avoid tax on your super when you die? Luke thinks it should definitely be part of a retirement plan, but most people think we don’t have death taxes in Australia. Make an appointment to meet with Luke if you need help.
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 own goals and situation. Luke can also refer you to an estate planning solicitor within his network at no cost.
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.
...more
20min

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The podcast currently has 513 episodes available.

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