I am so very grateful for this YouTube channel.
It not only allows me to assist so many people in the area that clearly is essential,
such as finding the best financial solutions for the rest of your life.
That sounds pretty darn important.
But over time others discovered this channel and our little community and now together
we can have a say and we can impact how retirement is supposed to look like in the future.
People react differently to the idea of retirement.
Some are very happy, excited, and full of ideas as to how they see their retirement life,
how to fill the days, what things to do that was just impossible to do earlier while working.
Others feel scared, overwhelmed, and confused with the idea of not going back to work,
sometimes feeling of losing the identity that work creates, and security of regular wages as well as sadness of loss of social interaction that work provides.
Sometimes it is a mixture of feelings, especially in a couple situation,
when each partner is on a different level of being or not being prepared for that change to retirement.
For example, one is looking forward to just chill out and not to have the stress of work, so is ready to retire,
while the partner wants to continue working and doesn't want to stay at home and just simply is not ready for the decision of retirement.
In any case a good financial advice can at least take away the worry of preparing your savings in a way that from day one,
all your money has been maximised from every angle:
your income,
value of your capital,
tax ongoing
as well as after passing away,
which we know as a death benefit, and net value of your estate, and of course the most efficient way to pass your assets to your beneficiaries.
But each of those points just listed include so many financial aspects such as: rate of return, investment portfolio construction,
security of income, longevity, tax minimisation, access to government benefits, cashflow, your budget. The list just goes on and on.
No wonder it creates a lot of confusion, anxiety, and stress.
So again, our government and industry bodies are trying to come up with ideas to assist Australians preparing for retirement with new policies and new legislation.
The problem is that they keep changing legislation so often that even industry professionals are confused about rules,
as they tend to be contradictive and inconsistent.
But I believe that the main issue is that decisions are taking at the top, with nobody ever being bothered to ask people concerned - that means you,
those who are preparing for this retirement or already living it. If we wish to resolve retirement issues, first we need to fully understand them.
And that brings me to the point of today's video: this channel has been discovered not only by people who are actually preparing for retirement or have retired,
and are searching for answers to financial questions, but also by other advisers as well as decision makers.
Because of my channel and my work being focused on retirement, I have been invited to participate in number of seminars,
and discussions on the issue of retirement in Australia. And this is what we are talking about today.
My name is Katherine Isbrandt from About Retirement, I am a Certified Financial Planner, and you are watching About Retirement TV, the place that I've created
with the idea to help people who are either preparing for retirement or who have already retired and wish to improve their financial outcomes for better future.
As I mentioned before, this video is about future of retirement, so it is all about you.
I am very excited, because it means that together, maybe,
just maybe we will have a say as to what real problems retirement introduces to you, and how and where to find the ways to resolve them.
I don't believe that anyone really understands what challenges retirement introduces to people, financially, socially, psychologically, emotionally,
unless one works in this space day in and day out.
And because this is what I do on daily basis I can actually see how this decision can be overwhelming and very stressful for many.
But rather then just provide my opinion at those meetings,
I would prefer to represent your voice. So I would ask every person that watches my videos,
please take a minute and just answer one of those questions:
if we had a power to change one thing, just one thing to make retirement in Australia better, what do you think that would be?
What is your biggest worry?
What is the most difficult task you have faced in your retirement?
Where do you go for help?
Is there enough assistance provided to you?
You can leave your reply below my video, which is great way of exchanging opinions, as another person reading your notes,
can reply or give their point of view on the topic already mentioned.
Alternatively, you can email me directly to hello@aboutretirement.com.au
The more opinions, suggestions, concerns, and recommended solutions I receive from you, the more together we can shape the future of retirement in Australia,
and the future of retirement financial planning. Hence you can see now why I am happy to be involved in this discussion.
All I ask for is your answer to that question: What is my main concern in retirement?
Is it Centrelink, lack of advice or assistance, worrying that you will run out of savings,
is it legacy, or maybe going back to work, or housing?
Whatever it is, please leave a note below my video, so not only I can then pass it on further,
but if there is a way for me to provide you with information, I will in my future videos, so no matter what happens you win.
So as i said before please leave your comment below my video, or email me directly to hello@aboutretirement.com.au
For all the information you need to know to be really well prepared for retirement or how to improve your existing retirement,
just head to my website AboutRetirement.com.au.
There are hundreds of articles and videos for you to view.
Also please sign up to my newsletter to be kept up to date with all the important details and updates that can impact your retirement planning.
If you require actual advice, on every page of my website is a button to book a meeting with me.
You will be surprised how sometimes one hour of conversation can remove many problems
and just by having a person that doesn't live your life, can introduce solutions.
And now, a quick recommendation,
Please view the whole playlist of "Age Pension & Your Retirement"
which starts with the most popular video "9 ways to legally hide money from Centrelink Age Pension"
The second recommended playlist is
"Retirement planning and Superannuation Strategies" with the very first video "Proposed superannuation changes in 2022 and more"
Please take care and I will speak with you in my next video. Bye