James Phelan

James Phelan, Senior Adviser at Rask Advice who helps families with practical budgeting and parental leave planning. He covers planning for income changes and one-off baby costs. He explains sequencing employer and government leave. He breaks down childcare subsidies, waitlists and fees. He shares tips for managing shared money, super impacts and low-effort systems for early parenting.

This week’s guest is James Phelan, a senior financial adviser at Rask, known for his insights on superannuation and investment strategies. He discusses how the Age Pension interacts with superannuation, shedding light on eligibility and strategies. Listeners learn what happens to super when someone dies without a will and the nuances of debt recycling. James and Gemma debate whether to focus on paying down a mortgage or investing in ETFs, emphasizing a balanced approach. Plus, they unpack the concept of wrap accounts and what to ask financial advisers.