Money Conversations We Need to Have in Our 50s

You don’t need it all figured out

Money can still be one of the hardest conversations to have, particularly if you feel as though you should already have it all figured out.

In this Spring Rewind episode, I revisit my conversation with Jo Hurley about the money conversations women need to be having in our 50s and beyond. This is a cut-down version of the original interview, edited into a shorter, practical listen.

We talk about superannuation, financial confidence, retirement, relationships, getting clear on your assets and liabilities, and why knowing where you stand matters. Jo also shares some simple things to look at when you check your super, including contributions, fees, insurance and investment settings.

A key theme throughout the conversation is that you do not need to have everything sorted before you start. The first step is simply getting a clear picture of where you are now, then asking better questions and getting qualified advice where you need it.

In this episode we talk about

• Superannuation, and what to look at when you check yours: contributions, fees, insurance and investment settings
• Financial confidence
• Retirement
• Money and relationships
• Getting clear on your assets and liabilities
• Why knowing where you stand matters

A few things to take away

• Know what you have, what you owe and where your super sits.
• Check that your employer contributions are being paid.
• Review fees, insurance and investment options.
• Have the money conversations before a crisis forces them.
• Seek qualified financial advice for your own circumstances.