from what I've heard a large percentage of those withdrawing funds are squandering their $10k super drawn down.
I've got a friend who's taken his money out because 'his fund is doing badly at the moment'!!
From what I've seen and heard this supper lottery payout will definitely be spent as a stimulus. A good party, new top of the range mobile phone, nice big screen tv....Harvey Norman will make a monza.
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Expected super balance between 30-40yrs old, page-9
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