Investing For Doctors Podcast
Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor.
Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
Investing For Doctors Podcast
What Doctors Can Still Do With Their SMSF And Insurance Bonds After The Budget | EP 84
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In Part 2, Roger Wheelahan, principal at IFD Financial Planning, our in-house financial planning team, moves from trusts and capital gains tax to the structures doctors are asking about next. We recorded this in late September, so treat it as where things stand now.
We start with self-managed super funds. Roger explains what the end of limited recourse borrowing arrangements for residential property means, why you can still buy a residential property outright with cash in your SMSF, and why borrowing to buy commercial premises, including the rooms or medical centre a doctor works from, is untouched. He also clears up the $3 million threshold: it applies per member, a fund can have up to six members, and they don't have to be family.
Then we get into insurance bonds, which Roger calls his second favourite structure after super. He covers how a tax-paid bond works, what happens at the 10-year mark and if you die before it, and how one 80-year-old client used a bond after selling her farm. He also shares how you can take some capital out without breaking the 10-year rule.
If you've maxed out your super caps, or you're weighing up an SMSF and wondering what still works, start here.
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TIME STAMPS:
00:00 Intro/Hook
01:35 Roger and IFD Financial Planning, one year in
02:05 What's changed since the May 2026 budget
02:41 SMSFs and the end of residential borrowing (LRBAs)
04:01 Why commercial LRBAs still work, including doctors buying their rooms
06:49 The $3 million super threshold and the extra 15%
07:52 Up to six members, $3 million each
10:25 Super is a structure, not an investment
11:29 Why you still can't beat super
12:04 What an insurance bond actually is
13:12 The 10-year rule and how the tax works
16:01 Why insurance bonds sit under the Insurance Act
17:43 From old retirement savings policies to today's bonds
19:29 Insurance bonds vs indexation
20:43 Case study: the 80-year-old client who sold her farm
22:20 Accessing capital without breaking the 10-year rule
23:26 Don't panic: why the changes got through
25:24 Minimising tax legally
27:49 Why advice stays human in the age of AI
28:32 Working with the IFD Financial Planning team
30:26 Conclusion/Outro
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SHOW NOTES LINKS
https://au.linkedin.com/in/mian-bi
Roger Wheelahan: https://www.linkedin.com/in/roger-wheelahan-8ba53149/
Smart Start Financial Services: https://smartstartfs.com.au/
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LISTEN TO THE PODCAST
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Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608
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FIND US HERE
Website: https://ifdgroup.com.au/
Facebook Group: https://www.facebook.com/groups/investingfordoctors
Facebook Page: https://www.facebook.com/investingfordoctors
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
