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How Not To Be The 60% Who Fear Running Out of Money
Description
Rob Pizzichetta of Mont Wealth discusses “FORO” (fear of running out) in retirement, citing surveys showing many Australians worry their money won’t last due to longer lifespans and persistent cost-of-living pressures, with lower confidence among women and those with housing debt. He explains why inflation can quietly raise the income target over 20 years (e.g., $10,000/month becoming ~$18,000/month at 3% inflation) and outlines practical steps: define when and how you want to retire, calculate the real cost of your desired lifestyle, and take stock of three wealth buckets—super, home, and non-super assets—then assess what income each can generate. He also highlights downsizing as a potential lever to boost super (including eligibility and contribution limits) and notes research linking financial advice to higher retirement confidence, emphasizing income strategy, market risk, and multi-asset capital-stable portfolios.
00:00 Retirement Fear Stats
00:55 Why FORO Is Rising
02:03 Define Your Retirement
02:45 Inflation Reality Check
03:27 Map Your Wealth Buckets
04:25 Downsizing Into Super
05:41 Advice Boosts Confidence
06:23 Income Strategy In Retirement
07:10 Wrap Up And Next Steps