There comes a point in our lives where we are exposed to the thought or process of retiring. It could come one day when we open our annual superannuation statement.

Here at Montgomery, we’ve always believed that partnerships are the backbone of wealth creation. It’s why, together with our key executives David Buckland, Chief Executive Officer and Scott Phillips, Head of Distribution, I have made it my job to identify and partner with those we believe can deliver exceptional outcomes for you.

The question, ‘my parents are cash-strapped, so why don’t they sell their house? ’ is a familiar topic of discussion among us, Gen X’ers, aged between 43 and 59 in 2024.

Our domestic large-cap funds have maintained an underweight position in the banks, and even though the Commonwealth Bank of Australia (ASX:CBA) was, for a time, our largest position, being underweight in the sector has cost relative performance thanks to the Commonwealth Bank of Australia’s share price rallying as much as 23 per cent year-to-date and 35 per cent last financial…