The ups and downs of trying to accumulate a seven-figure net worth on a five-figure salary, loose weight, get fit, do a post-grad course and launch a financial planning business - while working full-time.
AU Buffet Index
Thursday, 5 August 2021
A nice video by Paul Clitheroe on how to DIY a basic financial plan
Found this on youtube, and it is quite a good general discussion of the basics of doing your own financial plan.
It's good apart from saying: "Multiply your spending by 17". Why do Aussie commentators often assume a 6% withdrawal rate. Given a balanced portfolio the only way not to run out of money is if there are no bad downturns.
1 comment:
It's good apart from saying: "Multiply your spending by 17". Why do Aussie commentators often assume a 6% withdrawal rate. Given a balanced portfolio the only way not to run out of money is if there are no bad downturns.
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