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Dev Raga Personal Finance
244 money in yours 30s
We're continuing our life stages series and this one's for anyone in their thirties. Dev recommends 6 things to focus on with your money, including:
๐๐พ getting personal insurance, private health insurance and investing in yourself
๐๐ฟ defining your goals and making a written financial / investing plan
๐๐ป sorting your will and estate planning
๐ avoiding lifestyle creep
๐๐ผ maximising your income - 3 A's to focus on
๐๐ฝ buying productive assets
Related episodes you may want to check out after listening to this episode ๐ง
007 debt paying strategies
066 income protection changes may come!!
090 having a written financial plan
203 what is diworsification?
034 revisit wills, investment properties
014 do you have a will?
032 what is lifestyle creep?
134 what are CP funds? What is a buyers agent?
212 investing truths
๐ Please read our disclaimer + warnings before listening to this episode
๐ Episode transcript: https://bit.ly/m3meptranscripts
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๐ธ Quick links to our resources and $20 off The Glen James Spending Plan
my millennial money medical is produced by SYMO interactive, home of my millennial money.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf
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613 the 8-4-3 rule of compounding
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612 what is the super recontribution strategy
20:20||Season 6In this episode Dev explains how the super recontribution strategy works for those in retirement, touching on:๐๐พ super contributions ๐๐ฟ what happens to your super after death and who gets taxed๐๐ป taxed vs untaxed components in super๐ how to prevent death taxes in super๐๐ฝ who the strategy might suit๐๐ผ considerations before using the strategyRelated episodes ๐ง550 are non concessional contributions worth it?609 super in retirement with Martin McGrath from Retire Right610 invest inside vs outside of super, retirement case study + retiree pitfalls with Martin McGrath from Retire RightDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
611 from Canada to Australia: a doctorโs career and money journey
55:44||Season 6In this episode we talk to Matt*, an Australian doctor who migrated from Canada about the similarities & differences of the Canadian vs Australian health care system. We discuss:๐ training requirements๐๐ป income๐๐ผ private vs public health care system๐๐พ indemnity๐๐ฟ transferring medical skills between countries๐ working rurally, any benefits?๐๐ผ Matt's money journey and tips for listeners๐๐ป the retirement system in Canada*Name changed for privacyDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
610 invest inside vs outside of super, retirement case study + retiree pitfalls with Martin McGrath from Retire Right
32:07||Season 6In today's episode Dev is joined by retirement adviser Martin McGrath again to unpack:๐๐พ a high net worth couple with assets inside & outside of super retirement case study๐๐ฟ maxing out concessional contributions vs investing outside of super during accumulation๐๐ป common retirement mistakes Martin sees as an adviserDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
609 super in retirement with Martin McGrath from Retire Right
38:25||Season 6In today's episode Dev is joined by retirement adviser and host of Retire Right, Martin McGrath to unpack how super works in retirement. He covers:๐๐พ what is pension phase and how does it work?๐๐ฟ when can you access your super๐๐ป tax in super - money in accumulation vs pension phase๐ what is a transition to retirement (TTR) and how does it work๐๐พ the transfer balance cap explained๐๐ผ div 296 - who does it affect and and how does it workFor more on retirement check out Retire Right on Youtube or wherever you listen to podcasts. Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
608 what is gearing?
13:12||Season 6In this episode Dev explains the concept of gearing in personal finance. He covers:๐๐พ the difference between gearing and leverage๐๐ฟ how gearing plays into credit worthiness๐๐ป debt to equity ratio and what it means๐ worked examples of gearingDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
607 from broke to $800k per annum in 5 years
50:19||Season 6In this episode Dev interviews Hazel* about her life and career as an OBGYN specialist in Adelaide. They chat about:๐๐พ OBGYN as a career๐๐ป the training requirements๐๐ฟ sub-specialties within OBGYN๐ time spent on call๐๐ผ indemnity insurance and litigation risk๐๐พ the costs of running a private practice & gender bias in Medicare rebates๐๐ฝ Hazel's income๐๐ฟ how Hazel invests๐๐ป support systems when bad outcomes happen๐ Hazel's money wins & advice for listeners interested in an OBGYN career*Name changed for privacyDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
606 what is private equity?
15:27||Season 6In this episode Dev explains how private equity works, touching on:๐๐พ what is a private equity firm๐๐ฟ what is an accredited investor๐๐ป private equity specialities๐ how do you invest in private equity๐๐ผ how does it compare to investing in index funds๐๐ฝ fees and transparency๐๐พ pros, cons and criticismsDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.