#Actuary #FinTech #Retirement savings, #FinancialAdvice, #Superannuation, economics & snowboarding. Views are my own
Australia
Joined April 2009
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“still want to preserve their capital, but also want to draw down on their superannuation benefits via a pension as a source of income.”
Does this imply living off of the returns? If so, lower risk portfolios could work if drawing down capital.
Individuals on the cusp of retirement may need to take on significantly higher risk levels if they are to meet the return goals they set for the years they are no longer gainfully employed.
Read more: zpr.io/RizSz
#SMSF #financialplanning #financialservices #ausbiz #ac
Wade Matterson retweeted
The coolest people I know:
1 have great manners
2 remember and use people's names
3 show up on time
4 are lifelong students
5 listen with interest
6 do not respond to negativity
7 eat last
8 mentor and sponsor
9 give without expecting a get
10 talk less, but say more
Wade Matterson retweeted
One lesson that I learned from Micheal Jordan: the best in any field relish the worst conditions.
The harder the practice the better.
Rockefeller was the same. The more the panic around him, the better he was.
The best outperform even more when things are tough.
Wade Matterson retweeted
Nobody knows what their financial goals are, and asking them is painful for you and them...
The phrase "What are your goals?" should be outlawed.
youtu.be/nMGdyqlLtT4
Wade Matterson retweeted
GameStop sitting amongst Tesla and Amazon after reddit users make it a Fortune 500 company
Wade Matterson retweeted
Finally got around to reading @farnamstreet’s book “The Great Mental Models” - and already got more highlights than any other recently read book.
This piece is particular, haunts me:
Wade Matterson retweeted
Your first thought is often a common one.
It's only by sticking with something long enough to let your brain make connections that you come up with uncommon ideas.
The most useful insights come after thinking about a topic for a long period of time.
Wade Matterson retweeted
READY? SET? GO!
Today, the #fintech sandbox comes into operation, allowing Australian startups to enter the market and test their products with consumers – backed by strong consumer protections.
Interested in taking up the opportunity? Learn more here: download.asic.gov.au/media/5…
PASSED: New #FinTech Sandbox to help Australian startups enter the market – backed by strong consumer protections.
✅ More competition
✅ More choice
✅ Better deals for everyone
Wade Matterson retweeted
At the core, financial advice clients are looking for someone who is interested in their needs, can take the time to care for them, invests time into understanding their situation and creates the best possible strategy to achieving their goals. hubs.ly/H0tW5ym0
Wade Matterson retweeted
Hear from an actuary on how advice businesses can evolve risk profiling from a compliance tool to a meaningful solution for their clients. Listen to the full #betweenmeetings podcast with Wade Matterson of Milliman Australia. soundcloud.com/user-87455480…
Wade Matterson retweeted
Latest ABS household survey shows 57% of those applying for early super release planned to use it for living expenses / pay down debt; 36% to save it. Not much evidence it's being frittered away on swimming pools.
abs.gov.au/ausstats/[email protected]…
Wade Matterson retweeted
In this episode, we speak to Niall McConville and Gavin Teichner and discuss how they have seen the advice landscape change over time, the issues currently facing the industry, and their predictions for the future of the life insurance space.
hubs.ly/H0qPPbB0