Friends With Money #108: The key to retiring rich

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More than 800 people retire daily in Australia, and that number is expected to balloon over the next decade. While most will leave the workforce with a "sweet spot" super amount and a government pension, many want to retire rich - $99,000 a year rich!

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with the Vanguard's head of super, Shannon Nutter, about the strategies needed to retire wealthy.

  • It's a generational difference
  • Parental breaks can have a major impact
  • How do you generate a large income for retirement?
  • It's all about confidence

friends with money podcast 107 retiring rich

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

Subscribe to the Friends With Money podcast today and start learning when it suits you.

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice. Connect with Michelle Baltazar on LinkedIn.

Shannon Nutter is the head of Vanguard Super. Previously, she was the head of participant strategy and development for Vanguard's U.S. institutional business. Shannon has also served as head of institutional marketing, head of market research and voice of client for all U.S. and international businesses. Prior to Vanguard, she worked for and consulted with leading firms such as GM, Deloitte, Microsoft, and Toyota in areas of new product development, innovation, and marketing strategy. Shannon also originated and led the development of My Classroom Economy, a free program built by Vanguard volunteers that supports educators to teach children financial responsibility through experiential learning. She earned a BA from Macalester College and an MBA. from Duke University's Fuqua School of Business. She is currently a member of the Board of Trustees for the Marketing Science Institute, a division of the Advertising Research Foundation.
Comments
Peter Evans
July 22, 2023 8.52am

Don't waste your time listening to this podcast. It's boring and contains little information.

Money magazine
Verified
July 22, 2023 2.33pm

Thanks for your feedback, Peter, we hope the rest of the Friends With Money episodes resonate with you.

- Money team