93. Mark LaMonica - Are we being ripped off by super?
Update: 2025-07-20
Description
Today on the podcast, we have Mark LaMonica, CFA, a Director at Morningstar and co-host of the Investing Compass podcast.
Mark brings a wealth of knowledge and experience, having spent time in both the US and Australia, which gives him a unique perspective on their financial systems and retirement landscapes.
In today’s episode, we dive into:
- The current state of financial planning in Australia (00:09:18 )
- Mark’s thoughts on his recent article, "Are We Being Ripped Off by Super?" (00:16:04 )
- How the US and Australian retirement systems stack up against each other (00:20:58 )
- Why he’s against super funds charging for certain financial advice costs (00:30:57 )
- His controversial take on the 4% rule and the FIRE movement (00:47:13 )
Links
- Podcast - Investing Compass
- Website - Morningstar
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