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Govt Eyes Super, page-85

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BenGrahamReborn

13,177 Posts.

21

02/07/24

20:46

Post #: 74575942
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Originally posted by Andrewst10: ↑

"Super is money that Big Brother has already taken away from you.
It is money stolen from you early in life so you can't pay off a house and get your nest egg rolling off a hill.
Super prevents you from getting ahead.
It prevents you from building critical mass and harms exponential wealth growth."

Way off.
Earn good money - get concessions for putting up to $30K into it,
Enforced saving and compounding of value.
Fundamentally underpins a retirement nest egg.

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stupid. If you gave me the money now my home loan would be paid off. This statement is true for many victims of the great super theft
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