How can Australia’s ageing population free up much needed cash for cost of living, retirement and lifestyle goals? Mark MacDuffie and Michael Blythe believe downsizing is a key solution.
Financial stress compounds in later years, as retirement comes in to focus and lifestyle needs and goals change. Throw in a pandemic, rising interest rates and volatile markets, it’s easy to see why older Australians are feeling the pressure.
Baby boomers have a huge influence on housing market conditions. They make up about 25% of the Australian population but own more than half of the country’s national wealth, with most of it tied up in their homes. This means they’re asset rich but often cash poor.
But ‘downsizing’ or ‘rightsizing’ is easier said than done. Thankfully, our guests, Downsizer.com CEO Mark MacDuffie and economist Michael Blythe are solving the these challenges, for individuals and the economy at large.
The duo reveal fascinating research and insights about the downsizing opportunity, and much more.
Find out more about Downsizer
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Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth’ potential.
Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia’s most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them.
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