Bigger House, Bigger Debt? The Financial Decisions That Follow You Into Retirement

Could the biggest financial decisions you make today shape the retirement you have tomorrow?

From upgrading your family home to buying an investment property, spending big on retirement travel or deciding whether to keep working another year, some financial decisions can have a much bigger impact on your future than you might expect.

In this episode, financial advisers Rob Goudie and Rachel Todman discuss the major financial decisions they help clients navigate, the trade-offs people can overlook, and why it's important to look beyond investment returns alone.

Together, they explore how everyday choices can affect your cash flow, debt, lifestyle and retirement plans, with real-world client examples illustrating the value of considering alternatives before making a big commitment.

In this video, we discuss:
📌 How upgrading your home can affect your debt, lifestyle and ability to save for retirement.
📌 Why borrowing capacity doesn't necessarily reflect the lifestyle you want to live.
📌 A retirement case study exploring the trade-offs of spending big on a caravan and vehicle.
📌 When renting instead of buying could offer greater flexibility.
📌 The financial and practical considerations of owning investment properties in retirement.
📌 Whether working another year could meaningfully improve your retirement, or delay time spent enjoying it.
📌 Why running the numbers and exploring alternatives can help you make more informed financial decisions.

The goal isn't to put your dreams on hold. It's to understand the trade-offs, explore your options and find a balance between enjoying life today and preparing for tomorrow.

Whether you're building wealth, considering a major purchase or approaching retirement, this conversation offers useful perspectives on making more informed financial decisions.

💬 What major financial decision has had the biggest impact on your life? Share your thoughts in the comments.

⚠️ General information disclaimer: This video is for general information and educational purposes only. The views expressed by the speakers are their own and are not intended to constitute personal financial advice. The examples discussed are illustrative and may not reflect your individual circumstances. Consider your own financial situation, needs and objectives, and seek advice from a suitably qualified financial adviser before making financial decisions.

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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.