Aussie FIRE | Financial Independence Retire Early
The Aussie FIRE podcast is the ultimate guide to Financial Independence for Australians. Having started life as an e-book, then an audiobook, it's now reached its final form: a podcast that will keep on giving.
The Aussie FIRE audiobook is brought to you by Pearler, Australia's favourite long-term investing community; and Dave Gow, the brains behind Strong Money Australia. Each episode explores a different aspect of Financial Independence, so stay tuned for new releases!
https://pearler.com
https://strongmoneyaustralia.com/
DISCLAIMER: We’re big fans of sharing experiences and talking about money. However, please note that any advice is general, and does not consider your financial situation, needs, or objectives.
Consider whether it's appropriate for you, and if in doubt, speak to a licensed financial adviser.
Aussie FIRE | Financial Independence Retire Early
16. How to calculate whether to rent or buy your home
Housing plays a pivotal role in any FIRE (Financial Independence Retire Early) strategy. Whether you rent or buy, you’ll need to account for your shelter before you can comfortably retire early. That’s why, in a past episode, co-hosts Dave and Hayden explored the relationship between housing and FIRE. This time around, they roll up their sleeves and crunch the numbers.
In this session, the Aussie FIRE duo run some calculations to determine whether moving or renting makes more financial sense. As part of their data crunching, they incorporate an array of different factors, from average mortgage rates to moving costs.
Of course, these figures are hypothetical, and don’t consider your specific circumstances. But by tuning in to this episode, you can find a framework for making your own decision.
Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.