"a single person earning 'just $20k pa' can't even afford to eat and house themselves"
I realise you're a simpleton but I did think you could read and comprehend, clearly I was wrong. The $20k pa was a crude estimation(deliberately low) of the averaged minimum wage over the past 30 years.
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So it was above $20k by the year 2000, that $20k average is waaay too low, so that $474k total super balance is also waaaay too low
"and you are thinking of their future 50 years away when no one practically will work"
I'll give you a tip, no one knows what the future is, we can all guess and pretend we know, nor can anyone be planning based on some future that may or may not happen
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- work until you're 70
work until you're 70, page-34
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