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Talk of a $5M Cap on Superannuation Balances., page-140

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sholtz

2,272 Posts.

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24/02/23

08:05

Post #: 66435281
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Originally posted by Hittman: ↑

I'm not talking 3 or 4 million either, by the time I reach preservation age, I hope to be looking at $25M to $30M.

It may not be in Superannuation though, with proposed Balance Caps being brought in. If the government make me take some out, or allow me to take some out prior to preservation age then I'll shift some money out of Super.

If it has to stay there until preservation age and be subjected to higher tax rates, which is a possibility, I won't be happy but I will have to work with it.

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OK so from your current $3m value you hope that turns into $25m to $30m. What would the MC of PLS have to be for that to happen, over $150B ?
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