build your super and see less or no pension, page-12

  1. 2,858 Posts.
    Kincella,
    You are saying : "you are encouraged to save your money for your retirement...not wait for a govnut handout..."
    Please check top 500 Australian private companies in first 50 there is 20 superfunds ?
    IMO ,You are encouraged to hand over money to "expert on everything" ( recently in insulation )which will kindly offer you 2% return on your investment ( if you are lucky ).
    And if you decide to go SMFS ( like myself ), they will hit you with massive cost , if you dare to outperform market,
    my bill for 2011 $ 10,000... ( not counted contribution 15 % tax.)
    PS:
    Greece perfect example , like comparing Australia with Fiji
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.