Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 28 August 2026 with 2CC’s Leon Delaney. The topic is: Superannuation MythBusters – Let’s take a look at the errors people making when thinking about superannuation and retirement planning. Luke shares his experiences from the questions he’s asked on a weekly basis within his financial planning business – and the opportunities that people miss because they don’t have the right information to act upon. Bad information can cost time and money!
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
- I can’t touch my super until I’ve retired – That’s not correct you can. Luke explores the rules around transition to retirement.
- All super funds are the same, so doesn’t really matter? That’s not correct either! Luke explores why.
- I can’t use super deductions, I’m not employed, and I can’t add to super as I’ve retired – These are myths too, you may still be able to add to super and claim a tax deduction. Luke identifies how.
- If I start a pension from my super, is there are restraint on how many hours I can work? Not true, Luke explores the opportunity!
- I can’t put money into super I’m 80 years of age! There is a strategy called the Downsizer legislation where you can add to super – but also be aware of the Centrelink implications, so know your numbers before you act!
- My Will directs my super to my children. That’s a big myth. Your Will doesn’t cover superannuation. Luke explains how to estate plan with your super or pension from super.
- My Enduring Power of Attorney is my Will – that could be a very dangerous assumption.
- I’ve started a pension from superannuation; I can’t add more money to it? Luke explores how to get more money into your pension – there is a way to do it and enjoy tax free income!
- I won’t get the age pension. People forget there are two tests to determine what age pension you are entitled to. Something is better than nothing!
- Is there a sweet spot in superannuation and retirement to get a good Centrelink pension and overall retirement income. Luke explores what it is!
- Luke shares his top tips on superannuation and retirement planning to help you have a more confident retirement.
Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’
Get the correct information before you make big retirement planning decisions.
Myths can and will cost you money!
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including insurance, investment, super and retirement (including transition to retirement). Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your own goals and situation.
Luke will return to 2CC to talk about other ‘Money Matters’ next week, we hope you can join us. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.
We look forward to your company again. Luke’s book Smart Money Strategy is out now. 
