Originally posted by Radicool
$1 million dollars and the pension is about $34500 for a couple I suggest you talk to a financial planner if you think you can't do better than that.
Aren’t I entitled to a stress, risk and cost free life style, getting a guaranteed supply of money, like someone on the pension.
Simply pay everyone a pension to ensure the wellbeing of everyone in the community!
Or BS, make the system fairer by counting the home as part of the assets tests.
I be happy with that, and possibly also include other chattels above a certain value.
Radicool Views
We all live different life styles and spend money differently and to disadvantage some because they choose spend money on their house rather than spend money on holidays in my opinion is not fair,the present superannuation system is slanted in favor of rich people like me and disadvantages people on lower incomes especially when the super tax deductions now cost the government more than the pension system.