The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

August 10, 2020 Luke on 2CC – The Super Splitting Strategy
Super splitting may help your spouse retire sooner! Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 7 August 2020 and the topic: Super splitting strategy. Financial Planner Luke Smith joins 2CC to explore a very beneficial but highly under-utilised financial planning strategy called super splitting. We all know whay superannuation … Luke on 2CC – The Super Splitting Strategy Read More »
20 min
August 10, 2020Luke on 2CC – The Super Splitting Strategy
Super splitting may help your spouse retire sooner!

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 7 August 2020 and the topic: Super splitting strategy.
Financial Planner Luke Smith joins 2CC to explore a very beneficial but highly under-utilised financial planning strategy called super splitting. We all know whay superannuation is, but why would you split your super with your spouse? In this episode Luke shares his thoughts around how the super splitting works and how it might help you achieve your goals. And remember, seek advice before you start!
Key highlights include:
What is super splitting?
An example of how it can work, where one spouse is older than the other
How much can you super split with your spouse?
Why would you do it? It may help the younger spouse retire sooner!
You only get to do this once each year – it’s not something you can do for previous years
How and when should super splitting be done?
What are the benefits of this strategy in your retirement planning?
How does it work with carried forward concessional super contributions?
How can it impact the transfer balance cap or help you avoid it?
There are a number of goals this strategy can help you achieve – with examples!
Check your fund to see if they offer super splitting.
An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/08/The-Strategy-Stacker-Luke-Talks-Money-070820.mp3
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore if the super splitting strategy is right for you?
Super splitting can be a sweet strategy!
Are there some personal, lifestyle or retirement goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
August 02, 2020 Luke on 2CC – Reversionary Pensions
A reversionary pension is estate planning for your super-based pension Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 31 July 2020 and the topic: Reversionary pensions. Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your retirement income stream. In this episode Luke shares … Luke on 2CC – Reversionary Pensions Read More »
20 min
August 02, 2020Luke on 2CC – Reversionary Pensions
A reversionary pension is estate planning for your super-based pension

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 31 July 2020 and the topic: Reversionary pensions.
Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your retirement income stream. In this episode Luke shares his thoughts around what you may consider when setting up a reversionary pension and the kinds of financial planning issues you might need to think about as a part of your estate planning.
Key highlights include:
What is a reversionary pension and how is it different to a binding death nomination?
Why would you want to keep your money inside the super/pension environment rather than have a lump sum?
Who can a reversionary pension go to?
What happens with children, once they grow-up, does it need to be cashed-out?
What are the benefits of making a reversionary pension?
As a recipient of a reversionary pension, why do I need to be aware of the transfer balance cap?
Government defined benefit scheme pensions run under a different set of rules. Above all seek advice if you need clarity.
What is the impact of this on Centrelink?
How can you make the most of a reversionary pension – what strategies might you consider?
An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
And finally an invitation to participate in our Budget Program starting in October.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/08/The-Strategy-Stacker-Luke-Talks-Money-310720.mp3
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Is your own reversionary pension or binding nomination sorted?
Check that you have a reversionary pension or binding death nomination in place.
A reversionary pension might be a part of your estate planning and if you have questions please contact us to make an appointment. Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
July 26, 2020 Luke on 2CC – Binding death nomination
A binding death nomination is estate planning for your super or pension Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 24 July 2020 and the topic: Binding nominations and reversionary pensions. Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your super or retirement … Luke on 2CC – Binding death nomination Read More »
20 min
July 26, 2020Luke on 2CC – Binding death nomination
A binding death nomination is estate planning for your super or pension

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 24 July 2020 and the topic: Binding nominations and reversionary pensions.
Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your super or retirement income stream. They start the show however by having a quick chat about Covid-19. Canberra is doing quite well when compared with other parts and we hope that continues. In this episode Luke shares his thoughts around what you may consider when setting up a binding nomination.
Key highlights include:
What is a binding death nomination? Did you know It’s not automatically covered by your Will.
What is a non-binding death nomination?
What happens if their is no nomination in place and you passed away?
What are the benefits of having a binding death domination?
The nomination can lapse, so don’t forget to renew it! Some super funds however offer non-lapsing nominations so check!
What are the things you need to consider, as a part of your broader estate planning?
The pitfalls or things people miss – things like forgetting to update it after a divorce.
There are also tax consequences – so think about how these might be managed.
What are the strategy considerations you might consider? Perhaps a reversionary pension is better?
An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
An invitation to participate in our Budget Program starting in October.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/07/24.07.2020-The-Strategy-Stacker-Luke-Talks-Money.mp3
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Is your own binding death domination or reversionary pension sorted?
Good estate planning fulfils your wishes
Estate planning can be confronting to many people, but it’s important to get it right given you’ve worked hard to build assets over your life. Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
July 20, 2020 Luke on 2CC – Discretionary family trust
What is a discretionary family trust and why would you have one? Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 17 July 2020 and the topic: Family discretionary trust. Financial Planner Luke Smith joins 2CC to explore the structure you might of heard about but not know much about – … Luke on 2CC – Discretionary family trust Read More »
18 min
July 20, 2020Luke on 2CC – Discretionary family trust
What is a discretionary family trust and why would you have one?

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 July 2020 and the topic: Family discretionary trust.
Financial Planner Luke Smith joins 2CC to explore the structure you might of heard about but not know much about – the discretionary family trust. They start the show however by having a quick chat about the footy – Go Canberra! In this episode Luke shares his thoughts around why you might set up one of these trust structures and how they work. And remember, seek advice before you start!
Key highlights include:
What is a discretionary family trust?
How does a discretionary family trust work in a practical example?
Why would you have a discretionary family trust?
Can income from the trust be re-invested or can it only be distributed?
Who can participate in a discretionary family trust? Does it need to be just family?
What are the roles within the discretionary family trust? Who controls it?
Why a financial planner, accountant and solicitor need to be involved in setting one up.
An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
An invitation to participate in our Budget Program starting in October.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/07/17072020-The-Strategy-Stacker-Luke-Talks-Money.mp3
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore if a discretionary family trust is right for you?
Family trusts offer a range of benefits
Are there some personal, lifestyle or financial goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
18 min
July 13, 2020Luke on 2CC – Reward yourself for change
Good money behaviour deserves to be rewarded!

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 10 July 2020 and the topic: Rewarding yourself for good money behaviours.
Financial Planner Luke Smith joins 2CC to explore the topic of rewarding yourself for good behaviour. They start the show however by having a quick chat about stock market volatility – there’s a lot been going on, including the Covid-19 outbreak in Victoria. The stock market though is holding up, despite this uncertain news which is a positive sign for the economy. In this episode Luke shares his thoughts around why rewarding yourself for good financial behaviour is important and how you can do that in a way that doesn’t blow up your budget.
Key highlights include:
Making change isn’t easy sometimes, so it’s important to have a goal
Why setting a budget can help you get a handle on your financial life
How behavioural change can help save you money – we’ve seen some good savings as a result of covid-19 lockdowns
Adapting to change needs to be part of your plans
The soccer team analogy
Setting goals for short-term, medium-term and long-term
Behavioural change needs to be sustainable
Enlisting your family and friends help you make a change
Tips and tricks to help you make the change and reach your goal
An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/07/The-Strategy-Stacker-Luke-Talks-Money-100720.mp3
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Are you ready to make some changes in your own financial life?
We can help you achieve your goals
Are there some personal, lifestyle or financial goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
19 min
July 13, 2020 Luke on 2CC – Reward yourself for change
Good money behaviour deserves to be rewarded! Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 10 July 2020 and the topic: Rewarding yourself for good money behaviours. Financial Planner Luke Smith joins 2CC to explore the topic of rewarding yourself for good behaviour. They start the show however by having …
Luke on 2CC – Reward yourself for change Read More »
19 min

About The Strategy Stacker - Luke Talks Money

From the publisher's feed

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…