build your super and see less or no pension, page-19

  1. 5,851 Posts.
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    Lindso47,

    Thanks for your post.
    Yes I agree with all your remarks.

    It almost seems like a real imposition that one might need to move money around (in a lousy market) to show a profit in one's SMSF and it's the fault of gov't that it is hard to make a profit in this market and then have to pay 15% tax on any profits made before retirement.

    Personally, I am proud to think I will not get a pension or part of, from gov't even if I have paid my share of tax in business and all my working life.

    I will just be happy if governments don't interfere too much with self funded retirees......So far so good and today's news from the Gillard camp is encouraging.

    All the best for 2012
 
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