epsiYou may be right. But I wouldn't give up just yet. And I...

epsi

You may be right. But I wouldn't give up just yet. And I think most advisers would encourage you to contribute to super if you can.

I'm in my late 50s. I remember in my 20s and for most of the decades after getting a job and hanging onto it was priority one, and not easy because unemployment was persistently high. And taxes were very high, in part to pay for the excesses of the Whitlam era. I paid 50% tax on much of my income for a long time.

In recent years things were better. Jobs were easier and taxes much lower. We're regressing for a while, but I think better times will return and as a community we will be able to afford the things that need to be done, including providing a reasonable retirement for people when they get older. My generation has had a better life in material terms than our parents, and I suspect the same will apply to our children and grand children.

ubhopeful