ATM her super growth is yearly negative to of no consequence within this super fund, she is adamant that when she passes there will still be some funds to pass onto her two children....hence her only drawing down 7k a year and living like a pauper to accomplish this.
This is not acceptable to me I would rather her demolish all her super before she passes, but it is not an area she will move on.
Only way I can get around this is to invest approximately 1/5 of the total funds and this decent (I expect) growth here and the relatively tiny growth from the preserved majority in term deposit should if i have anything to say about it allow her to draw down near double or with luck triple per year what she would have otherwise.
