25 Jul 2024 Podcast: Guest – Part 2, Investment Strategies and Property Insights with Pierce Hanlen
In this episode we’re back for part two with Pierce Hanlen, Partner and Wealth Adviser at Hewison Private Wealth.
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Pierce, a Certified Financial Planner and Accredited Self-Managed Super Fund Specialist Adviser, covers two key topics: calculating retirement fund requirements using the 5% rule and deciding whether to pay off debt before investing.
He explains the 5% rule, which helps determine how much you need to save for retirement based on generating a 5% net cash flow from your investments.
Pierce also discusses the pros and cons of paying off debt versus investing, highlighting the differences between good debt (investment loans) and bad debt (personal loans) and the strategy of debt recycling.
Connect with Pierce Hanlen and Hewison Private Wealth:
Instagram | Facebook | Website
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You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at https://www.everlend.com.au/
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