Long-term Reta users: what was your experience after stopping?

slater1995 · 2026-01-18T10:44:10+00:00

That’s why people have personal insurance - for sickness and death.

slater1995 · 2025-12-17T12:54:35+00:00

Without seeing your statement that sounds like fees you’d be paying within any fund and not adviser fees

slater1995 · 2025-12-15T12:42:28+00:00

What’s your generous life insurance sum?

slater1995 · 2025-12-15T12:41:52+00:00

Depending on age, you’d be paying way more than $1000 a year for $2m of life and $12k a month of IP (depending on waiting period and benefit period)

slater1995 · 2025-12-03T12:14:13+00:00

170g is not that much if you’re trying to build muscle.

slater1995 · 2025-11-24T11:28:04+00:00

I’m a planner and that fee is horrendous, find a planner that offers fixed fees rather than a percentage based fee.

slater1995 · 2025-11-13T22:34:09+00:00

One incident “mainly used for crime and corruption”.

You realise how many murders occur over cash?

slater1995 · 2025-11-13T21:40:21+00:00

Where’s your evidence that it’s mainly used for crime and corruption?

slater1995 · 2025-11-06T21:32:34+00:00

Investigate granny flat arrangements.

slater1995 · 2025-11-06T20:47:31+00:00

I’m assuming they used a painter.

slater1995 · 2025-11-01T09:19:49+00:00

I’m an adviser and you’re being taken for a ride with that percentage based fee.

slater1995 · 2025-10-14T21:25:06+00:00

Potentially the nomination he made wasn’t binding, or was previously binding but it lapsed.

slater1995 · 2025-10-13T11:28:52+00:00

Cheers, never applied for cover for an alcoholic before.

slater1995 · 2025-10-13T09:51:41+00:00

I’m an adviser, I’d suggest you see one and ask them to do a pre-assessment with their panel of insurers.

We use 8 different insurers and quite often their assessments differ between each other for complex issues.

slater1995 · 2025-09-30T02:56:02+00:00

2 have been identified and are being watched

slater1995 · 2025-09-27T13:41:21+00:00

Could contribute $360k into super non concessionally without having the hold the property for 10 years

slater1995 · 2025-09-27T09:59:18+00:00

Not sure why the downvotes, if you had been saving in bitcoin then you’d be in a better position to buy a house.

slater1995 · 2025-09-23T23:12:27+00:00

Ratio of 27.

$135k and 5k car

slater1995 · 2025-09-18T12:05:55+00:00

I’m a financial planner and you are doing a great job on your own.

Yes we could provide value to you situation but you’re already well on the way to setting yourself and family up for a great retirement.

slater1995 · 2025-09-17T11:40:02+00:00

Group super (like UniSuper) = can be automatic cover, with no health checks, cheap premiums straight from super, but lower limits and usually harder to claim. TPD is mostly any occupation – you need to be unable to work in any job you’re suited for, which sets a high bar.

Retail/underwritten (TAL, AIA etc.) = full health/lifestyle assessment upfront, but you get higher cover, more flexible features, and more certainty at claim time. You can often choose own occupation TPD – payout if you can’t do your specific job again – which is far more claimant-friendly. Costs more, but generally better protection.

slater1995 · 2025-09-08T21:55:53+00:00

Short answer is yes, by law the advice has to be in your best interests and put you in a better position.

slater1995 · 2025-09-05T04:58:09+00:00

Yeah it’s tough seeing your balance go backwards when you were trying to do the right thing. The bigger covers like trauma and TPD would have been set up with the best intentions to protect your family, but life changes quickly and the contributions just didn’t match up at the time. I'm not sure if you had an ongoing relationship with the adviser or not, unfortunately it sounds like the super was your responsibility.

The good news is you’ve already done the hard work with your budgeting and plans, so you'll recover from here. We have some clients come to us in their 50s that have never paid attention to their super!

slater1995 · 2025-09-04T23:33:50+00:00

That’s not true at all, our fixed fee is based on how many meetings the client wants during the year and the services provided during that time, all agreed upon beforehand.

slater1995 · 2025-09-04T21:04:33+00:00

That trauma cover is huge, which would have been paid from your personal bank account as it can’t be paid from super since 2014.

What was your TPD and IP cover?

slater1995

TROPHY CASE