Research by the Association of Superannuation Funds of Australia casts doubt on the Coalition’s plan

  • NathA
    link
    fedilink
    arrow-up
    8
    ·
    3 months ago

    I don’t understand the point being made, here. Yes, when I was young, my super fund was small. I think I had less than $100k in my super when I was 30. Which makes complete sense - Super is designed to grow over 40ish years of employment, not be accessed after 5-10 years.

    • vividspecter@lemm.ee
      link
      fedilink
      arrow-up
      9
      ·
      3 months ago

      The point is that the Coalition’s plan is idiotic just like it was idiotic when they allowed people to drain their super during the pandemic.

    • bfg9k@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      edit-2
      3 months ago

      lol I have been working since I was 16 and have less than 40k in super ( I’m ~30 now)

      I don’t think I’ll even make it to retirement anyway