How Much Wealth Is Enough? With Stuart Wemyss

How much is enough? It’s a question I’ve been wrestling with—not just personally, but in so many chats with friends and clients lately.

Today, I’m joined by Stuart Wemyss to unpack this exact topic. We talk about the tension between growing your wealth and enjoying it, how guilt can sneak in when we spend, and why creating balance isn’t a luxury—it’s a strategy.

We dig into the psychology behind money habits, especially for property investors in different phases—whether you're in acquisition, consolidation, or nearing retirement. Stuart shares some powerful insights on using property, super, and tax strategies for long-term financial independence. He also breaks down why holding onto property too long might hurt your retirement income, and what to consider instead.

If you’ve ever wondered whether you’re investing enough (or maybe investing too much), this episode will help you zoom out and get clear on what you're working toward.

Let’s go inside.

 

Resource Links:

• Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/)
• Get email updates about suburb intelligence reports and exclusive invites to our webinars, events, and workshops. Join (investorsedge.com.au/join)
• Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
• Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
• For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
• For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)

 

Episode Highlights:

1. Intro [00:00]
2. Balancing Wealth and Lifestyle [01:20]
3. Personal Choices and Financial Goals [03:22]
4. Impact of Past Financial Experiences [07:15]
5. Property Investment and Retirement [09:25]
6. Tax Effectiveness and Asset Allocation [13:58]
7. Balancing Property and Superannuation [16:26]
8. Timing and Flexibility in Financial Planning [21:27]
9. Enjoying Life While Achieving Financial Goals [32:00]

 

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

 

 

About the Guest:

Stuart Wemyss is a qualified chartered accountant, independent financial adviser, and mortgage broker with over 20 years of experience in financial services. He is the founder of ProSolution Private Clients, an award-winning boutique financial advisory firm established in 2002 that specializes in property investment advice and mortgage broking. Stuart i