Super, saving like a boomer and exit-rentvesting dilemmas – Q&A

Video Description

In this Friday episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell dive into your questions on saving, investing, brokers, kids’ money and planning your next big property move. This week we unpack whether a high-yield savings account still stacks up against investing, how to think about using multiple brokers, and what to consider when choosing a provider to invest for your kids. We also tackle a classic rentvesting question from someone with five investment properties who now wants to buy their own home, plus a quick explainer on what really happens to your HECS-HELP debt when you pass away. Topics covered – Whether you should follow your parents’ advice to save in a high-yield account or invest once you’ve built a three-month emergency buffer – How compounding, inflation and time horizons shape the save or invest decision – The pros and cons of having core and satellite portfolios across two brokers, and when it makes sense to merge – What to think about when investing for children, including fees, tax rules and whether Australian Unity or investment bonds suit your goals – A simple framework for exiting rentvesting and transitioning into your own home, even when you’re juggling multiple properties – What actually happens to your HECS-HELP balance when you die, and how the ATO handles unpaid student debt If you like this episode of The Australian Finance Podcast, make sure you hit follow on Apple, Spotify, YouTube or wherever you get your podcasts. And don’t forget to send in your questions for future Q&As using the link in the show notes. Resources for this episode Grant Hackett Episode on Bonds- https://youtu.be/JLoIKV68-hw?si=LHyl4-Zvt7CSSDdW Tax Structure Rask Guide- https://www.rask.com.au/financial-advice/tax-structures-explained/ Sign up for the newsletter - https://www.rask.com.au/insights/ Sign up for Rask Core - https://www.rask.com.au/landing/etfs-checkout/?level=5 Buy Gemma’s book The Money Reset - https://amzn.to/42Uz0aK Ask a question (select the Finance podcast): https://bit.ly/R-quest Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit: https://bit.ly/Pearler Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith View Betashares range of funds:  https://bit.ly/beta-25 Rask resources All services: https://bit.ly/R-services Financial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: Instagram: https://www.instagram.com/rask.invest TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg