The Income Illusion - Why TD's & One Asset Won't Save You From Inflation.

Rob Pizzichetta explains that “real income” in retirement means an income stream that keeps pace with inflation, not just a high nominal yield. Using a term deposit example (5% interest vs 3.5% inflation), he highlights how purchasing power can still shrink when capital is static. He warns that relying on a single income engine—especially residential property—creates structural risk through asset, income-type, and liquidity concentration, compounded by the “baby boomer exit problem” in an illiquid market. He then outlines the Mont Wealth Income Portfolio as a response: a growth and defensive engine with diversified assets and income types, including global property and infrastructure (22%), Australian equities (14%), global equities (12%), private equity (~4.5%), private credit (~19%), domestic fixed income (~13%), global fixed income (~9%), and cash (~5.5%), designed to protect purchasing power and avoid forced selling. 00:00 Real Income Mindset 00:29 Podcast Intro Setup 01:15 Real vs Nominal Income 01:36 Term Deposit Inflation Trap 02:56 Stop Chasing Yield 03:22 Property Retirement Myth 03:56 Liquidity Exit Crunch 05:46 Three-Dimension Diversification 06:22 Portfolio Growth Engine 07:40 Portfolio Defensive Engine 08:38 How The Wheel Works 09:28 Wrap Up Call To Action www.montwealth.com.au