This is easy. #retirement #superannuation #finance

[azmindspin]

You just earned yourself a subscriber. This is so accurate.

[mariadrukker]

honestly, I didn’t realise how much I’ve been sleepwalking through my own super.

[Cizzzeron]

My Swedish retirement fund charges 0.025% annually, why my Australian super thinks they deserve 80 times more with worse returns would be an interesting conversation.

[Tupsx]

Anything above 0.5% should be criminal.

[railtonfeagus]

This is very good and reflects what happens in most of the financial services sector: pensions, banks, insurance (especially retirement products), investment banks etc. Provide products and services that non-industry people find complicated, deliberately make it hard to understand or compare with competitors' products and services, or better still capture your customers because their employer chose a single service provider and so the individual customer (their employees) have no real choice, and ensure the sector is protected from genuine competition by huge regulatory and other legal barriers to entry. Financial services companies say they hate regulation, but they secretly love it because it effectively prevents new startups moving in on their turf and offering better products for lower fees.

[Factoryidiot]

This guy needs more coverage, he's pretty clear and on point.

[neohex]

This dude has been sitting in every possible financial decision table, salute man!

[russellmoore]

Even 0.5% is wild though. Index funds are about 0.08%, and even fancy target retirement index funds are like 0.12%

[Demolego]

Makes understanding how everything works these days and how we all getting ripped off. This should be taught in high school and delivered the way he’s saying it. Great vids

[bentheozzy]

Everytime I see you on the news now my wife and I say “its chris kohler from youtube”

[ivstinian]

So true, and a lot of people never even know which one they have 🤦‍♂️

[Artiejhn]

The title of this should be:

"If you have tears, prepare to shed them now."

[paaabl.]

Every "investment" fund. Most of them are charging you fees even if your portfolio that they "manage" isn't growing.

[adelelouise]

*has flashbacks of working in financial advice* 😭

[SaltyBoggart]

Thanks for showing us how cooked we all are in the form of laughs ❤

[AlexRixon]

The real crime is that after 30 years of contributions, adjusted for fees, taxes, and inflation, you have about 2 years at average salary in your retirement fund.

[jamesupton]

I love the little detail of looking at his watch.

[ramymounir]

Really like this guys videos
I press like even before he starts

[TheFinanceEngineer]

Can I pay a financial advisor to be the middleman of all this? I can pay them a fee too 👍🏽

[MongooseTacticool]

Don't forget the additional annual management fee also, or the tiered fees for different levels of risk.