Super Objective Amendment
Discussion continues about what the objective for Superannuation should be. Like other commentators I believe the Government proposal is pretty meaningless.
Here is Financial Demographics' proposed amendment which has been submitted to Treasury. People should be able to retire at age 60 and have an annuity income saved through superannuation which equals the cut-off income on the Age Pension means test (currently $49,655pa). Currently using long term Government bond yields and implied future inflation, this requires savings at age 60 of $1,362,528
Posted Tuesday, 24 January 2017
- Monday, 21 Aug 2017 - PRB World Data focus on Youth
- Monday, 21 Aug 2017 - Dick Smith & Limits to Growth
- Saturday, 17 Jun 2017 - US Young Women Wellbeing Index
- Wednesday, 31 May 2017 - Government Hiding behind Excessive Migration
For past news items, visit the News Archive.