Retired at 39 and $4m in Super, Japanese ETFs & no franking credits

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss: – Why Drew invested in a Melbourne bar – Rising distrust in superannuation – Div 296 and SMSF strategy questions – Retirement bucket strategies and FIRE investing If you love learning about retirement planning and investing strategy, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Why Drew invested in a bar - Beneath Driver Lane Drew explains: – When the opportunity emerged (2018) – The due diligence process – Why having the operator with skin in the game mattered – Surviving COVID – Lessons from inflation and margin pressure – Expansion to Baby Driver Big takeaway: Keep costs low. Avoid debt. Align incentives. Bootstrapping works. Super distrust: what’s going on? A recent survey showed: – 58% of pre-retirees plan to withdraw super in lump sum – One third considering high-risk assets (including crypto) We discuss why disengagement with super leads to poor decisions and why understanding the structure matters more than fear. Listener Question: $4m SMSF and Div 296 A listener who achieved FIRE at 39 asks: – Should they sell down to avoid Div 296 impacts? – Should growth sit outside super and income inside? We explain: – What Div 296 actually does – Why average tax rate matters – Why panic selling rarely helps Bucket Strategy Explained Yoda Best asks about bucket strategies. We break down: 1. Short-term cash bucket (2 years expenses) 2. Medium-term income assets 3. Long-term growth bucket Purpose: Reduce emotional decision-making in retirement. Hypotheticals – If franking credits were abolished overnight – If passive investing was banned – If you could have lunch with any investor (living or dead) Plus: Japanese ETF discussion and CGT property rules. Topics Covered – Private business investing lessons – Super strategy and Div 296 – Retirement income planning – Behavioural investing mistakes Resources for This Episode Super resources: Super Checker Tool Div 296 Webinar Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @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 Learn more about your ad choices. Visit megaphone.fm/adchoices