August 29, 2023

Insights into retirement and wealth transfer with Jamie Nemsis

41 minutes

On this episode of the Australian Property Podcast, Mortgage Broker Chris Bates is joined by Jamie Nemsis founder of Wattle Partners, a prominent financial advisor and retiree specialist. Chris and Jamie are deep-diving into where wealth is sitting and how this is affecting property. Together they discuss the wealth mindset of Baby Boomers, wealth transfer, and retirement.

About Jamie Nemsis:

Jamie is one of the founders of Wattle Partners. Having been in the industry for more than 20 years. Jamie’s career spans the corporate and private sectors, growing and building businesses across financial services. Wattle Partners is one of Australia's most respected advisers, and are specialists in retirees.

Insights into the minds of Baby Boomers

How do pre-retirees feel about their home, debt, and investment properties coming into retirement?

How do retirees feel about downsizing or treechange? The opportunities and challenges?

How has property built wealth for Baby Boomers? Have they made more or less money from residential than other asset classes?

Jamie's personal view on property

Financial Advice industry - Jamie's thoughts on conversations around their biggest single assets usually their home/investment properties and debts

How do clients feel about helping their kids? If they have enough, do they want to, and even if they don’t have enough?

Are they worried about future generations or feel they just have to figure it out for themselves?

How are they helping their kids and often grandkids?

Conversely, How should kids approach their family for help with their property moves?

Do they often underspend post-retirement and under save going into it?

Buying Residential Property In SMSF

Jamie's take on the new Super Tax on bigger balances?

Australian Property Podcast resources:

Australian Property Podcast online - videos, notes & resources

Ask a question

Chris' mortgage broking

Amy's new property course

Amy's 100-point checklist (PDF)

Pete Wargent's property coaching

Join Owen's Rask Core membership for $0.99

INFORMATION WARNING!

This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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