Investor Motivation

Would you take a guaranteed income for life, or a lump sum that could potentially be passed on to your family? In this episode, financial advisers Rob Goudie and Ash Rowan break down the key considerations around defined benefit pensions and the choices people may face as they approach retirement. They discuss how defined benefit pensions generally work, why the options can vary between schemes, and the trade-offs between taking a lifetime pension, a lump sum, or a combination of both.
The conversation covers:
📌How defined benefit pensions are generally calculated
📌The appeal of a guaranteed, potentially inflation-linked income
📌Lump sums and the investment risk that comes with managing the money yourself
📌What can happen to a pension when you die
📌Why your relationship status and estate planning can influence the decision
📌Lifetime income products and annuities as another option
📌Strategies that may be available when moving a lump sum into super
📌What people approaching retirement should consider before making an election
 
One of the biggest takeaways? There isn't a single "right" answer. Defined benefit pensions can have very different rules and options, so understanding exactly what your particular scheme offers is critical before making a decision.
 
Robert Goudie, CFP, (ASIC Reg 235974) and Ashley Rowan, FChFP GradDipFP, (ASIC Reg 433899), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401
 

How much do you really need to retire? And is your super balance the best way to answer that question?
In this conversation, financial advisers Amy Lehmann and Rob Goudie unpack some of the common assumptions people make when planning for retirement, from chasing a particular super balance to worrying about whether their money will last.
They discuss why retirement planning is about more than reaching a magic number, including:
✔️ Understanding your income needs and desired lifestyle✔️ Moving from the accumulation phase into retirement and drawing down your assets✔️ How market downturns can affect retirees in the early years of retirement✔️ Why simple retirement calculators and spreadsheets may not tell the whole story✔️ The potential role of the Age Pension and Centrelink in retirement planning✔️ Planning for different spending patterns as you get older✔️ Supporting children without compromising your own retirement✔️ Considering longevity, inheritance and unexpected changes in circumstances✔️ Why retirement isn't only a financial decision. It's also about how you want to spend your time and enjoy your health
For many Australians, the biggest retirement question isn't simply “How much have I saved?”. It may be “Can my money provide the lifestyle I want for the rest of my life?”
Amy and Rob share their perspectives from working with clients and explain why personalised retirement projections and stress testing can help people understand what their retirement could look like.
 
Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Amy Lehmann, BBus (FinPlan), BBus (Acc) (ASIC Reg 1292710), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

What actually stops people from seeking financial advice?
 
In this episode, Robert Goudie and Rachael Todman discuss some of the common misconceptions and barriers that can prevent people from reaching out for advice. From feeling embarrassed about past financial decisions to thinking you don't have enough money to justify seeing an adviser, they explore why financial advice can be valuable at different stages of life.
 
Whether you're just starting to build wealth, preparing for retirement, or simply looking for some guidance with your finances, this conversation explores how professional financial advice can help you make more informed decisions at different stages of life.Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

Could a 2% deposit really help you buy a home sooner, or encourage you to buy before you are financially ready?
Rob Goudie and Rachael Todman unpack Australia’s Help to Buy scheme and how it may assist eligible Australians in purchasing a home.
They explore the government’s shared-equity contribution, eligibility requirements, property price caps and ongoing obligations. They also discuss affordability, cash flow, home ownership costs and the importance of being financially prepared.
Listen to the full podcast to learn more and consider whether the Help to Buy scheme could be suitable for your circumstances.Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

Is it still possible for the average Australian to build wealth?
Rob Goudie and Rachael Todman discuss how rising living costs, tax changes and negative headlines can make wealth creation feel out of reach. They explain why consistency, sensible spending, regular investing and the power of compounding remain fundamental to long-term financial security.
Building wealth may not happen overnight, but a simple plan followed consistently can make a meaningful difference.
 
Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

Property or shares, which makes the better long-term investment? In this episode , Rob Goudie and Amy Lehmann respond to a listener’s question about why Rob generally prefers investing in businesses through the share market rather than residential property. 
 
Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Amy Lehmann, BBus (FinPlan), BBus (Acc) (ASIC Reg 1292710), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

Could the proposed family trust tax changes affect the way your business income is taxed?
In this episode, Rob Goudie is joined by guest speaker Dallas Landwehr from BCH Accountants to discuss what the proposed family trust tax changes may mean for Australian small business owners, tradies, farmers and families using trust structures.
They cover income distributions, potential tax impacts from 1 July 2028, rollover relief, business restructuring options, estate planning considerations and why there is no need to panic just yet.
 
Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) is authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

Feeling like debt is getting in the way of the retirement lifestyle you’ve worked hard for? Your 60s should be about more freedom, better choices and peace of mind, not constant stress over credit cards, personal loans, bills or repayments.
We look at practical strategies that may help Australians reduce debt while still enjoying life in their 60s. We’ll talk through realistic ways to review what you owe, prioritise repayments, avoid risky quick fixes, make room for the things that matter, and know when it may be time to ask for support.
Whether you’re approaching retirement, already retired, or simply wanting to feel more in control of your money, this discussion is designed to help you think more clearly about debt, lifestyle and financial wellbeing in this stage of life.
#DebtReduction #RetirementPlanningAustralia #MoneyInYour60s #AustralianFinance #FinancialWellbeingRobert Goudie, CFP, (ASIC Reg 235974) and Ashley Rowan, FChFP GradDipFP, (ASIC Reg 433899), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401

Could a falling share market actually increase your retirement income? Many Australians assume that once their assets rise above the Centrelink limits, the Age Pension is off the table forever. But recent market volatility has created new opportunities for some retirees to qualify for valuable pension payments, concession cards, and thousands of dollars in annual benefits.
In this episode, Rob Goudie and Ashley Rowan explain how the Age Pension asset test works, the latest Centrelink thresholds, and the strategies that could help you unlock additional retirement income.
Robert Goudie, CFP, (ASIC Reg 235974) and Ashley Rowan, FChFP GradDipFP, (ASIC Reg 433899), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401

Can property investing go wrong? In this episode, Rob Goudie and Ashley Rowan discuss a real-life Australian property case study involving a couple who found themselves facing significant negative equity shortly after purchasing a newly built investment property.
The conversation explores:
✔️ What negative equity means and why it matters✔️ The risks associated with off-the-plan and newly built investment properties✔️ Property marketing fees and sales commissions✔️ The role of borrowing, leverage and debt in property investing✔️ Self-managed super funds (SMSFs) and property investments✔️ Alternative wealth-building strategies, including shares and businesses✔️ The importance of understanding risk before making investment decisions
Whether you're considering your first investment property or reviewing your long-term financial strategy, this episode provides valuable insights into the importance of due diligence and informed decision-making.
 
Robert Goudie, CFP, (ASIC Reg 235974) and Ashley Rowan, FChFP GradDipFP, (ASIC Reg 433899), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401