Are YOU Poor?, page-72

  1. 2,361 Posts.
    lightbulb Created with Sketch. 715
    more conflation.....

    if talking annual drawdowns then that implies a pension phase account.

    a pension phase account has ALREADY been limited by the transfer cap - that started at $1.6M some years ago and is currently hovering at $2M odd. this is the maximum u can put into the account.

    someone who stared with $1.6M in a pension account, is NOT able to add more money to the account, has to make annual WITHDRAWALS and some years later has over $3M in that account should be investigated so that all the crappy investors can be shown what a good investor can do.... seems austtralia wants to punish that investor for being good.....

    the rules are already in place.......

    Last edited by 1stPrize: 30/05/25
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.