Super & retirement in Australia: a financial adviser’s perspective

Is your future feeling super?

In this bonus episode of The Australian Finance Podcast, Kate Campbell talks retirement planning and financial advice for the golden years with Deline Jacovides, a qualified financial adviser.

Deline shares her thoughts on the importance of super in our financial plans, what retirement actually look like for most Australians, how much money we need for a comfortable retirement and more.

Magdeline (Deline) Jacovides is an Authorised Representative (No. 1240373), and Mazi Wealth Pty Ltd ATF Mazi Wealth Trust is a Corporate Authorised Representative (No. 1295178), of Spark Advisors Australia Pty Ltd (ABN 34 122 486 935, AFSL 380552).

If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts - it’s a 5 second task which really helps support the show (and puts a big smile on our faces).

*Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.*

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

[varinanguyen]

how much it usually costs get advise for retirement plan?

[MegaMalkiel]

Young beauty queen teaching us pensions is useful and inspiring ...

[TopoTopo-edvv]

Quick Question. At 67 Can I recieve the age pension if living overseas

[marciapalazzi]

Would have been great to hear thoughts about how this latest stock market volatility will affect our long term super goals and whether it is actually wise to keep adding extra to our super whilst we watch it going backwards.

[hrishikeshgurjar]

I dont understand why these financial planners/ advisors are so scared to say that if an average Joe is about 40yrs old right now and spends around 4000 per month excluding mortgage, then he can expect to pay around say (not accurate) 8000 per month ( with 2.5% inflation).i am not a financial planner and i can say that with reasonable confidence that for an average australian couple living in a paid off house, u would need around that number for a comfortable retirement. Why cant these financial planners take similar assumptions and advise the number accordingly? No one is going to take them to court for giving that approx number just as a guide. I just lose interest when i hear, it depends and everyone is different. No, everyone is not different. Give people an approx number without them having to spend thousands of dollar on advisors and planners.

[MegaMalkiel]

what happened to AMP Superannuation funds?

[wmblemania]

When you say "You can access your Super at 60", isn't that only for people who declare that they are *retired*?
i.e. if you're still at a job or you have your own business, you can't access your Super until you officially "'retire" or you reach 65?

[southern-sunshine]

Perfect example of how to speak for 40 minutes without talking anything useful about super. Whatever is being spoken is very generic in nature and nothing unknown.

[ggbogo]

ah, yes. taking financial advice from females... what could go wrong?