17 retirement mistakes Australians still make

**SPEAKER_1** (0:00)
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**SPEAKER_2** (0:30)
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**SPEAKER_3** (0:46)
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**Owen Rask** (1:12)
Hey there, here's a quick note. This podcast contains general financial information only. That means it's not specific to you, your needs, goals, or financial objectives. So don't act on the information until you've spoken to your financial planner. You'll find our full disclosure, disclaimer, and link to our financial services guide in the show notes. Hello. Good evening. G'day. It is just after 12 PM and we are recording. If you're listening on a Saturday morning at 7 AM for you, it can be two different times in two different places. It's incredible how maths works.
We are going to bring you 17 retirement mistakes brought to you by the King of Retirement Mistakes.
I am of course being joined by none other than Drew Meredith. How are you going?

**Drew Meredith** (1:58)
The fast, the quickly graying Drew Meredith, apparently.

**SPEAKER_2** (2:01)
Quickly graying.

**Drew Meredith** (2:02)
I'm good, good. What's happening? You were saying there was not enough news to talk about this week, but there is a lot going on around the world.

**Owen Rask** (2:09)
But also you did get a comment this week, a lovely comment from someone who I did see posted multiple times on your YouTube videos. What did they say?

**Drew Meredith** (2:16)
Quite strange.
Drew gets grayer by the week after the number of rings commenting. There was someone else that comment on the number of rings last week. Yes, I indeed do get grayer. And I think I did comment back in a fit of rage, just saying, well, no, we've upgraded our camera from nothing to 4K. So now you can see everything. But maybe I'll go back. Maybe grainy footage is better than 4K.

**Owen Rask** (2:36)
I won't name names, but I've had actually one podcast guest who was recording remotely turned down the resolution for that very person.

**Drew Meredith** (2:43)
Was it yourself?

**Owen Rask** (2:44)
I don't know if it was me, I'll tell you about that.
But we do have a bit of a... We did take a bit of time out. We might bring this up on the screen here, Ben, for anyone that's watching. Preferably not. We did go back through the Model Partners YouTube channel, Drew.

**Drew Meredith** (2:58)
Can I just say, I do not have any input into the thumbnails that get put up onto YouTube.

**Owen Rask** (3:03)
And we thought we'd just reflect on some of the things that maybe have transpired. Now, YouTube is actually doing very well. Like, don't fall victim. 2026 trap with money burning. ETF trap. Don't do this. Don't do this. Watch out.
So, I wanted to put you on the spot. Well, you got a few, don't do this.

**Drew Meredith** (3:25)
But no, there's a positive, do this.

**Owen Rask** (3:27)
Do this when you retire.

**Drew Meredith** (3:28)
Watch out.

**Owen Rask** (3:29)
Don't do this. Pay it off?

**Drew Meredith** (3:30)
Question mark. That's a good one.

**Owen Rask** (3:31)
Watch out with elbows face. So, obviously, you're doing very well on YouTube indeed, and the YouTube channel.

**Drew Meredith** (3:39)
Also, I have no gray hair on there either.

**Owen Rask** (3:40)
Also, I have no gray hair, but there's a lot of saturation. I wanted to ask you, given that you have got a reputation now of excellent YouTube content, I was going to ask you for as many retirement mistakes as you could possibly reel off on the spot and we'll count them up.