logo
#

Latest news with #KumiTaguchi

Woman with impressive superannuation balance stuns SBS Insight audience with surprising advice on financial planning
Woman with impressive superannuation balance stuns SBS Insight audience with surprising advice on financial planning

Sky News AU

time02-07-2025

  • Business
  • Sky News AU

Woman with impressive superannuation balance stuns SBS Insight audience with surprising advice on financial planning

An Australian woman has delivered brutal advice to young people on how to prepare for retirement. On Tuesday's episode of SBS Insight, 37-year-old Julia said she has as much money in her superannuation account as the average 60-year-old. When asked by Insight host Kumi Taguchi what advice she would offer young Australians in order for them to find more financial freedom and success in the future, she suggested two controversial life choices. 'I am here tonight to empower the next gen[eration] of women and my advice would be aimed more so towards them,' Julia said. 'It is going to sound super controversial but I would say one thing is, don't get married and, if you do, make sure someone is benefiting from it." The second piece of advice she acknowledged would be "really controversial" was that people might want to think about "refraining from having children". 'Because, by the time that kid leaves your home, it will have cost you as much as a Lamborghini. And you could be driving a Lamborghini or that sum could be sitting in your superannuation growing,' she said. The Melbourne woman said she came from a migrant family and that money was an important conversation point at the dinner table when she was a kid. She said she had also been putting money from her salary "aggressively" into her super since beginning her working life at 15. Working currently as an HR professional, Julia has still been building her super, sacrificing more than a quarter of her yearly salary. Even if she stopped adding money to her super, she would still be set to have more than $1 million in her balance for her retirement. At 21, she bought her first home after finishing university before going on to buy more properties and picking up two more university degrees. Young Aussies in the program's audience appeared stunned at Julia's advice but she believes retirees in Australia will become poorer in the future. 'I think we're going to have a lot of poor retirees in Australia in my generation – not enough people are contributing to superannuation via salary sacrifice, in my opinion,' she told 'I think we should be teaching Australian tax systems and superannuation as a subject to Aussie kids in high school.'

37-year-old with insane superannuation balance reveals two things young Aussies should avoid
37-year-old with insane superannuation balance reveals two things young Aussies should avoid

News.com.au

time02-07-2025

  • Business
  • News.com.au

37-year-old with insane superannuation balance reveals two things young Aussies should avoid

Young Australians who want to be able to retire comfortably when the time comes have been issued some blunt advice about financially planning for their futures. When it comes to her financial situation, Julia describes herself as a 'unicorn'; she currently has about as much superannuation as an average 60-year-old, despite being just 37. Appearing on Tuesday's episode of SBS Insight, Julia revealed she has been 'aggressively' salary sacrificing into her super account since she first started working at 15 years old. 'I come from a migrant family, my parents were refugees to Australia in the early 80s and money was always a talk at the dinner table,' Julia told the program She bought her first home at 21, straight out of university. Since then, she has gone on to buy several more properties and now holds three university degrees. The 37-year-old is currently working as an HR professional in Melbourne and is still focused on growing her super balance, recently sacrificing over a quarter of her yearly salary. If she were to stop topping up her superannuation right now, she would still be projected to have more than 1.6 million to fund her retirement. Julia's financial position means she is now on track to stop working within the next 10 years, at the very latest. She has had to work hard to get to where she is now and, when asked by Insight host Kumi Taguchi whether she had any advice for Australians looking to get ahead financially, she shared some, admittedly, controversial thoughts. 'I am here tonight to empower the next gen of women and my advice would be aimed more so towards them,' Julia said. 'It is going to sound super controversial but I would say one thing is, don't get married and, if you do, make sure someone is benefiting from it,' Julia said, explaining that some countries, such as Germany, offer tax savings for married couples. The Melbourne local went on to suggest another piece of advice, that she noted would likely be 'really controversial', saying, from a financial perspective, people may want to consider 'refraining from having children'. 'Because, by the time that kid leaves your home, it will have cost you as much as a Lamborghini. And you could be driving a Lamborghini or that sum could be sitting in your superannuation growing,' she said. Her last piece of advice was to not underestimate the power of compounding interest, with the 37-year-old encouraging people to be more focused on their superannuation. Following this advice has certainly served Julia well financially, with the worker having enough money to own a large yacht, several boats and travel around in her caravan, along with being able to fund dozens of overseas trips. Speaking to the Melbourne woman said she doesn't want to have to rely on the government pension when she is older and wants to able to retire on her own investments as soon as she wants. 'When I was a teenager, the government was matching I think $1.50 for every dollar you did as salary-sacrifice,' she said. Julia also holds a lot of concern for people her age and wants to encourage others to think more about their retirement before it is too late. 'I think we're going to have a lot of poor retirees in Australia in my generation – not enough people are contributing to superannuation via salary sacrifice, in my opinion,' she said. 'I think we should be teaching Australian tax systems and superannuation as a subject to Aussie kids in high school.' Having discussions with older people around her really opened her eyes to the benefits of salary sacrificing from a young age, with Julia branding superannuation is 'Australia's best kept secret' to building financial security. Tuesday's episode of Insight also highlighted the fact that many Australians feel underprepared and 'underinformed' when it comes to superannuation. Independent financial adviser and Independent Wealth Advice director Andy Darroch told it is easy to get 'analysis paralysis' when it comes to super. Mr Darroch, who also appeared on the program, likened it to driving a car, saying you don't know everything about engineering and mechanics to operate a vehicle. 'You just need the basic skills and knowledge, and the basic skills and knowledge for super are achievable and can be simple, without sacrificing quality,' he said. 'You don't need to be a financial genius, have a PhD in maths or be a billionaire to ensure your super is working for you.' Mr Darroch conceded that the financial services industry has a 'vested interest' in people being overwhelmed by the thought of organising their finances, but the adviser said it doesn't have to be that difficult. 'Whilst the industry has evolved to the point where it often involves needless complexity, it doesn't have to, Australia is the only country on earth where it doesn't matter if you're an expert, a billionaire or even financially savvy to have a world class investment portfolio in your personal tax haven,' he said.

Host of 'Alone Australia Season 3: The Reunion' revealed
Host of 'Alone Australia Season 3: The Reunion' revealed

SBS Australia

time13-05-2025

  • Entertainment
  • SBS Australia

Host of 'Alone Australia Season 3: The Reunion' revealed

The participants of 'Alone Australia' Season 3. Credit: Narelle Portanier SBS's standout hit series, Alone Australia Season 3 will wrap on 4 June with a special one-hour reunion episode. With just four episodes and the final four participants remaining, Alone Australia Season 3: The Reunion will stream exclusively on SBS on Demand, following the nail-biting double episode finale of the series. Hosted by SBS's Kumi Taguchi ( ), a self-confessed fan, the special one-hour program, will bring together the entire cast for the first time since they were dropped in the remote wilds of the West Coast Ranges of Tasmania / Lutruwita, completely isolated, stripped of modern possessions, contact and comforts, to self-document their experience. With over 6000 hours of footage filmed, The Reunion will include a plethora of exclusive offerings that fans will relish. Joining Ben, Ceilidh, Corinne, Eva, Karla, Matt, Muzza, Shay, Tom and Yonke, Kumi will unveil more never-been-seen footage than ever before. This will include: a first-look at the record-breaking number and range of catches; detailed dives into ten epic shelters; all the discoveries, ingenuity, bush crafted gizmos and gadgets viewers never got to see; more unseen wonders of wildlife; raw reveals of the highs and lows and the physical and mental tolls experienced by the season's cast; as well as finding out what it was like to reintegrate back into life after Alone Australia . Alone Australia is the ultimate test of endurance, with only three ways to exit: voluntary tap out, medical extraction or as the winner. With no camera crew, each participant must document their own survival through a brutal winter as they fight to stay warm, dry, fed and alive for as long as they can. The final two episodes of Alone Australia will premiere on Wednesday 4 June at 7.30pm and 8.30pm on SBS and SBS On Demand and culminate at 9.30pm with Alone Australia: The Reunion at 9.30pm exclusively on SBS On Demand, also airing on SBS on Thursday 11 June at 7.30pm. Share this with family and friends SBS's award winning companion podcast. Join host Yumi Stynes for Seen, a new SBS podcast about cultural creatives who have risen to excellence despite a role-model vacuum.

Alone Australia Season 3: The Reunion
Alone Australia Season 3: The Reunion

SBS Australia

time13-05-2025

  • Entertainment
  • SBS Australia

Alone Australia Season 3: The Reunion

As the latest season nears its end, SBS's hit series brings full cast together for reunion show hosted by SBS's Kumi Taguchi Stream Alone Australia: The Reunion after the final two episodes on SBS On Demand on Wednesday 4 June *Images here* *Trailer here* With over 6000 hours of footage filmed, The Reunion promises more unforeseen footage than ever before promises more unforeseen footage than ever before A first-look at the record-breaking number and range of catches Detailed dives into ten epic shelters All the discoveries, ingenuity, bushcrafted gizmos & gadgets viewers never got to see More unseen wonders of wildlife Raw reveals of the highs and lows and the physical and mental tolls experienced by the season's cast Find out what it was like to reintegrate back into life after Alone Australia SBS's standout hit series, Alone Australia Season 3 will wrap on 4 June with a special one-hour reunion episode. With just four episodes and the final four participants remaining, Alone Australia Season 3: The Reunion will stream exclusively on SBS on Demand, following the nail-biting double episode finale of the series. Hosted by SBS's Kumi Taguchi ( Insight ), a self-confessed fan, the special one-hour program,will bring together the entire cast for the first time since they were dropped in the remote wilds of the West Coast Ranges of Tasmania/ lutruwita, completely isolated, stripped of modern possessions, contact and comforts, to self-document their experience. With over 6000 hours of footage filmed, The Reunion will include a plethora of exclusive offerings that fans will relish. Joining Ben, Ceilidh, Corinne, Eva, Karla, Matt, Muzza, Shay, Tom and Yonke, Kumi will unveil more never-been-seen footage than ever before. This will include: a first-look at the record-breaking number and range of catches; detailed dives into ten epic shelters; all the discoveries, ingenuity, bush crafted gizmos and gadgets viewers never got to see; more unseen wonders of wildlife; raw reveals of the highs and lows and the physical and mental tolls experienced by the season's cast; as well as finding out what it was like to reintegrate back into life after Alone Australia. Alone Australia is the ultimate test of endurance, with only three ways to exit: voluntary tap out, medical extraction or as the winner. With no camera crew, each participant must document their own survival through a brutal winter as they fight to stay warm, dry, fed and alive for as long as they can. The final two episodes of Alone Australia will premiere on Wednesday 4 June at 7.30pm and 8.30pm on SBS and SBS On Demand and culminate at 9.30pm with Alone Australia: The Reunion at 9.30pm exclusively on SBS On Demand, also airing on SBS on Thursday 11 June at 7.30pm. SBS Head of Unscripted Joseph Maxwell said: 'Australian audiences have been captivated by this season's remarkable cast. Now they gather to reveal what that experience meant to them, giving exclusive insights into the reality of what it takes to survive on Alone Australia. ' ITV Studios Australia's Chief Content Officer, Beth Hart, said: 'The Alone Australia Season 3 Reunion is more than just a look back—with the cast reunited for the first time since finishing Alone, it's a powerful unpacking of their unique experiences under extreme pressure, and their subsequent recoveries. This season's remarkable, never-before-seen footage adds even more depth to their extraordinary journeys.' Alone Australia is an A+E Media Group format and ITV Studios Australia production for SBS. Alone Australia continues Wednesdays with the final two episodes premiering Wednesday 4 June at 7.30pm and 8.30pm, exclusively on SBS and SBS On Demand. Alone Australia: The Reunion premieres on Wednesday 4 June at 9.30pm on SBS On Demand and Wednesday 11 June at 7.30pm on SBS. For a PDF of this media release, click here.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store