Govt Eyes Super, page-15

  1. 7,494 Posts.
    lightbulb Created with Sketch. 20
    This is where he is heading with super, Annuities.

    An annuity, also known as a lifetime or fixed-term pension, gives you a guaranteed income for a number of years. Or the rest of your life.

    https://hotcopper.com.au/data/attachments/5951/5951524-0c98e2f7f61625d25339bde82bf11d52.jpg


    You will not be able to live a life you wanted at retirement with your super until it is all gone and go on a pension, they will want you to turn it into a super pension until you die and with the money that is left they will bring in inheritance tax and tax the crap out of what is left.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.