Episode 37 – Can you build a retirement fund from investing?

In PodcastsSeptember 6, 20243 Minutes

Investing off-farm in property or shares can be a daunting prospect, however it’s an increasingly appealing way to future proof your funds and diversify wealth away from land. Navigating how to start, what to invest in, and how to manage the risks should be top of mind for anyone interested in investing.

Learn more about how managing your wealth can help with farm succession, retirement, and preparing your rainy day fund. We also cover the importance of estate planning and insurance when it comes to key people in your business.

Guests include:

Carissa Fairbrother, Co-Founder & Financial Advisor, Rival Wealth
Scott McKenzie, CEO & Director, PMG Funds
Angus Marks, Wealth Management Advisor, Jarden

Hosts:

Rebecca Greaves, Editor, Country-Wide
Sarah Perriam-Lampp, Managing Director, CountryWide Media

Rival Wealth Co-Founder Carissa Fairbrother discusses the importance of making sure you are financially organised when self-employed. This will improve stress management for yourself now, but also in the worst case scenario if the key farm worker is unable to work. When it comes to estate planning she says it’s especially important to front foot it, and be proactive. Don’t wait until it’s too late – have a well fenced ‘financial’ paddock, do it once and do it well.

CEO & Director of PMG Funds, Scott McKenzie, discusses investing in property, and how to get your foot in the door. He covers where PMG Funds invest and why, and why they favour investing in commercial property for its longevity.

Jarden Wealth Management Advisor Angus Marks discusses whether all your wealth should be held in your land, and how investing could help diversify onfarm income. He talks about understanding your risk, and how investing can actually help reduce risk by spreading your wealth. Diversification also helps when it comes to the succession and retirement process.

Read more in Country-Wide Spring: