Customisation means building an investment plan around your specific goals. Diversification means spreading your money across different asset classes so you're not relying on any one of them. A good retirement plan uses both.

In this video, McKern financial adviser Kristian Tangan explains how a tailored strategy is built (goals first, then education, then an agreed recommendation that may include super, contributions and property), the difference between low-cost passive index funds (such as ones tracking the ASX 200 or S&P 500) and higher-cost active funds, and why general information online can't account for your personal circumstances.

In this video

0:08 How do we build a solution for each individual's needs?

1:17 What's the difference between diversification and customisation?

2:37 Can I find the information myself?

General information only, not personal advice.