The Problem With Saving For Retirement: Damien Talks Money

In this episode of The Problem With Podcast, James Smith sits down with Damien Jordan, the voice behind the hugely popular YouTube channel Damien Talks Money, for a no-nonsense conversation about money, taxes, investing, and the uncomfortable truths most people ignore.

Damien breaks down why the average person feels poorer despite “doing everything right,” how inflation and fiscal drag quietly erode wealth, and why property, pensions, and taxes are stacked against younger generations. From inheritance tax and housing shortages to crypto hype, market timing fears, and whether moving abroad actually solves anything. This episode challenges how you think about money and the system around it.

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We cover:

⬛ Why Inflation & Tax Quietly Kill Wealth

⬛ Property, Pensions & The Rigged System

⬛ Investing Fears, Crypto Hype & Reality

⬛ Living Now vs Chasing Retirement

Timestamps

00:00 Real Returns After Inflation

02:55 Bank Money Creation Explained

06:55 Fiscal Drag Tax Trap

09:06 UK Vs Australia Taxes

11:49 Is Inheritance Tax Fair?

16:10 Untaxed Housing Windfalls

17:15 Why Homes Stay Scarce

21:33 Aging Population Pension Crunch

26:24 Retirement Vs Living Now

35:06 Mortgage Payoff Vs Investing

40:39 Beating Market Timing Fear

43:14 Crypto Hype Vs Bitcoin

47:00 Invest In Business Growth

52:17 HENRY 100K Tax Cliff

56:05 Wealth Tax Reality Check

59:12 Moving To Dubai Debate

65:04 UK Debt And Spending Truth

68:24 Daily Pain Of Commuting

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