In aceraceracer's example achieving 1 million in Super is not...

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    In aceraceracer's example achieving 1 million in Super is not out of the question.....

    25ok in super now and 188k contributed into each super over the start and end of a three year period from sale of investment properties (while also lessening the effect of CGT).
    Also for a couple of average wage earners starting out now, are likely to have 1.1 million in super at retirement when combined:
    What the future looks like:

    What the future looks like for an average wage earners:

    A person entering the workforce now on the average wage (around
    $80,000 pa) can expect to retire with about​
    $550,000 in super (in today’s dollars).
    Source Vidler Policy and research August 2015.

    Full age pension for a couple today is $34,820pa and if you add in $2000-$3000 tops for associated pensioner concessions that is a long way short of a self funded couple living on $60,000pa. Anyone who instead, aspires to full age pension, by resorting to "getting rid of their assets" is a plonker.

    Former: cat food for protein/ Latter: Meat and Chicken.
    Former: Holidays at local caravan Park, whoohoo! Latter: An Overseas holiday every year if wanting to.
 
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