retirees at risk after 1bn crash , page-14

  1. 16,876 Posts.
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    Yes Bruce,


    And I really hope the next generation are doing it so....because the older generation have not.

    In the old days, super did not exist....and now older folks are locked in on something that is uncertain.

    I definetely agree on the education point but...hang on..... let's talk here poorer old folks now.

    This is a serious matter. How about a oldie about to retire in 1 year's time. He has worked hard all his life...say, bought a home and because of his education, never had a higher salary....say his super is a mickey mouse 100K-200K..... Hang on there......yes there are poor ppl in Australia and there are folks with little money in their supers....

    How on earth you expect someone to SMSF ???? The minimum for SMSF should be around 200K's.....

    Mate, I can see this country in 20 years time.... we are just following the same path of third world countries...trust me....if you think Australia is a first world country think twice....

    By our small population and our economy we are losing the ranks every year..... we are a aging country.....


    So, are you going to estimulate more immigration by quality or quantity ?

    hummmmmm we have lot's still to be done here in this country to be considered a strong and first world country mate....lot's...

    cheers
 
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