Financial Autonomy

I’ve named this podcast Financial Autonomy. So what is Financial Autonomy? What does it mean? Well that’s what we’re going to explore in today’s podcast I’ll give you a big hint – Financial Autonomy is about gaining choices in life. Buckle up – let’s dive in! Financial autonomy or financial independence if you prefer, is about being in a financial position to have CHOICE. In my role as a financial planner, every day I talk to people about their financial plans.  In almost all cases, amongst their financial goals will be retirement plans.  For the past 50+ years, most people in developed countries such as Australia have lived on an expectation that they will enter the work force in their late teens or early 20’s, and work through until somewhere in their 60’s, whereupon they will cease work entirely and live out their remaining days in “retirement”. This scenario is perhaps a bit male centric, as for many women, paid employment is often put on pause when children arrive.  But none the less, in more recent tim