On this episode of the Australian Property Podcast, Mortgage Broker Chris Bates is joined by Jamie Nemtsas, founder of Wattle Partners, a prominent financial advisor, and retirement 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 Nemtsas
Jamie is one of the founders of Wattle Partners. Having been in the financial planning 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 financial advisers, and are specialists in retirement.
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 an SMSF
- Jamie’s take on the new Super Tax on bigger balances?
