Episode 08 – Financial Advice – Is It Only For the Rich?

  • Home
  • Episode 08 – Financial Advice – Is It Only For the Rich?

Watch the full video:

Listen to the podcast

Get In Touch

Episode Description:

In this episode of The Wealth Guide Podcast, the Ryker Capital team debunks the top 10 myths that prevent you from achieving financial security, growth, and freedom.

They discuss people’s most common objections about financial planning, real-life examples of how financial advisors saved clients significant money, and the potential tax benefits of investing in financial advice.

The team also talks about strategies the wealthy use to maximise their finances, how advisors tailor retirement plans for clients, and why a government pension might not afford your desired comfortable lifestyle.

If you want to shatter the misconceptions about financial advice and discover the strategies that can secure and amplify your wealth, make sure to listen to this episode!

Show Note Links

https://ryker.orangeballtech.com/ 

https://au.linkedin.com/company/ryker-capital

https://www.instagram.com/rykercapital/ 

https://www.tiktok.com/ryker 

https://www.facebook.com/profile.php?id=100054854616452   

https://www.linkedin.com/in/ray-regmi-3a267539/ 

https://www.linkedin.com/in/rajiv-ricky-regmi-cpa-943694213/ 

https://www.linkedin.com/in/dean-desoukey-a6651093/ 

Timestamps:

00:00 – Intro

01:48 – Is Financial Advice Only for the Rich People?

03:33 – Financial Advice Myth #1: It Is Too Expensive

07:51 – The Aus Government Recognition For Investing in Financial Advice = Tax Deductions

09:39 – Financial Advice Myth #2: It Doesn’t Add or Hold Any Value

14:50 – Financial Advice Myth #3: If You Have an Accountant, You DON’T Need a Advisor

18:28 – Client Story: Helping Out With Tax Liabilities

20:53 – Financial Advice Myth #4: You Can’t Add Money Into Your Super

25:14 – Financial Advice Myth #5: Financial Planners Just Look After Your Products

30:55 – Financial Advice Myth #6: “I Don’t Need Financial Advice, My Super Has It All Covered.”

37:49 – Financial Advice Myth #7: “If I Die, My Super Money Just Goes To My Will & Loved Ones.”

43:35 – Financial Advice Myth #8: “I Don’t Need Retirement Planning – I’ll Just Get a Pension at Centrelink.”

46:29 – Financial Advice Myth #9: “I’m Too Young to Plan Out My Retirement.”

49:16 – Financial Advice Myth #10: “I Don’t Need a Financial Advisor, I Can Do All of This Myself.”

51:28 – Outro