As of 30 June 2022, Australians had almost $16 billion in lost or unclaimed superannuation, according to the Australian Taxation Office (ATO). This staggering amount is spread across over 6.8 million accounts.

Planning for retirement is more than just accumulating wealth; it’s about preparing for a phase of life that could span decades, marked by changing needs and aspirations. As retirement approaches, many envision spending time with family, traveling, and enjoying financial security in a home they own.

Retirement, once seen as a predictable and stable phase of life, is becoming increasingly uncertain for younger Australians. With rising pension ages, evolving financial realities, and shifting societal norms, the traditional concept of retirement is transforming.

Investing in a concentrated portfolio—where you put the majority or all of your investment capital into a single asset—can be seen as a risky strategy, as it focuses all your resources on one "basket." While this approach is not for everyone, it has the potential to deliver significant rewards when executed with the right asset.

The superannuation system in Australia has long disadvantaged women, leading to a significant gap in retirement savings between men and women. According to the Australian Bureau of Statistics, women retire with 47% less superannuation than men

In early 2020, as the world faced the uncertainty of the COVID-19 pandemic and financial markets tumbled, I found myself re-evaluating my financial strategy. Like many, I had a modest portfolio and limited savings, but the market upheaval highlighted the gaps in my understanding of finance.