Money Psychology
Investing: What you need to know to safely achieve your retirement lifestyle?
You spend your whole working life accumulating assets with the ultimate goal of reaching the summit (retirement and living a fulfilling life). Focused on achieving the best return you can along the way. After all, you can take on a reasonable amount of risk knowing you have your employment income to fall back on. Besides,…
Read MoreRetirement Planning: It’s all about CONTEXT!
What’s the advice to soccer stars who earns millions in a week? European soccer stars earning thousands a day stick to cash… Recently I ventured out for a casual dinner with a couple of industry colleagues. In the middle of my meal. The conversation turned to misguided conversations financial advisers are having with their clients.…
Read MoreHow average returns may not be telling you the whole story?
Time and time again we hear comments like: My fund averaged XYZ this year. My fund is the best returning fund. This fund generated XYZ over the last 3 years, why didn’t mine do that well? But is this an accurate assessment? Is it a true reflection of the return/real $$$ you’ve received? Can you…
Read MoreHow to structure your finances and safely generate a regular income in retirement?
Transitioning from your working life to your retirement lifestyle is a major life transition. Moving from a structured Mon-Fri 9-5 routine to little to no structure. For some this can be an extremely daunting and stressful time. The reality is your routine will change. Your financial arrangements will change and you’ll probably freak out a…
Read MoreHow knowing what you don’t know can set you up for retirement success?
Money, dreams, aspirations and your NEXT chapter are at stake. It’s a BIG burden to bear… And when it comes to your money and funding your retirement, it’s a highly emotional topic. After all, you’ve worked for 30 plus years building your next egg. Your emotions are heightened as you approach your next major life…
Read MoreYour Next Mountain & The Quest For The New Retirementality
Up until age 45-55, it’s all about personal achievement. You’re busy establishing your career, getting married, raising kids and putting them through school. It’s hectic… It’s not until you reach middle life that you realise there’s a BIGGER mountain to climb. A much BIGGER goal is at play. That’s achieving fulfilment, a life well lived…
Read MoreAvoid crashing your financial sportscar and live a fulfilled life in retirement!
When you combine a serious sport with entertainment and it becomes one of the most watched shows on TV, is there a problem? As you line up to try and putt a golf ball through a hole in a wall while being set on fire. Or run across a narrow ledge past a line of…
Read MoreStart your financial engine! What to do 5 years prior to retirement?
You’re at the prime of your earning potential. Your personal and professional networks are thriving. Financial obligations are nearing an end or ceased(supporting kids, paying off mortgages etc). You’ve got more free time. Your attention naturally turns to reflecting on the life you’ve lived and the life you want to live in the years still…
Read MoreHow Wine Tasting Can Set You Up For Retirement?
On the weekend I attended an educational wine event. A Somm (sommelier) for a day. It was an education on how to taste wine, the sommelier way. I’m partial to a good red or two. Maybe you enjoy a glass or two of wine. When it comes to those who like wine there are two…
Read MoreDo you know what your investment return for super was in 2020 and should you care?
Do you know what return you achieved inside your super fund for calendar year 2020? Based on Chant West’s research. The average industry Balanced Fund (holding growth investments of 41-60%) generated a return of 3%. While you wouldn’t call this shooting the lights out. It’s a great result considering the worlds economies were on life…
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