5 retirement money mistakes

15/05/2025 43 min
 5 retirement money mistakes

Listen " 5 retirement money mistakes"

Episode Synopsis

In this Australian Retirement Podcast episode, your host Owen Rask is joined by Tahli Cavagnino, Senior Financial Advisor from the Rask Advice team.



Retirement isn’t just about having enough money — it’s about making the right decisions with the money you’ve worked hard to save. But even the most financially prepared Australians can fall into subtle psychological traps that quietly derail their long-term security.



In this episode of the Australian Retirement Podcast, Owen and Tahli take you through five behavioural mistakes that many retirees make — often without even realising it. These aren’t dry textbook errors or investment jargon. They’re real, everyday habits and mindsets that can cost you thousands, shake your confidence, and limit the lifestyle you hoped to enjoy in retirement.



If you like this Australian Retirement Podcast episode on behavioural mistakes, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.



Topics covered today:



An introduction to Tahli




How and why she came into Advice




What does a typical day look like for a Rask Advisor




Why behavioural finance matters




Why being too conservative with your money might actually increase your risk of running out




The dangers of trying to “catch up” by taking on too much investment risk




How emotional decisions during market downturns can lead to locking in permanent losses




Why pride or confusion can keep you from claiming government entitlements you’re legally entitled to




The surprising ways people underestimate how long they’ll live — and how much they'll need






Resources for this episode



The Vanguard Adviser Alpha research




Camplify




Ask a question (select the Retirement podcast)






Rask Resources

All services: https://bit.ly/R-services

Financial Planning: https://bit.ly/R-plan 

Invest with us: https://bit.ly/R-invest 

Access Show Notes: https://bit.ly/R-notes 

Ask a question: https://bit.ly/R-quest 



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



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