Why Super Was Really Created, and What It Means for the 80 Percent

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alexnet
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More than 80 percent of Australians will rely on government assistance to retire. The retirement standard figures you see quoted, commonly 650,000 to 700,000 dollars for a comfortable retirement, generally assume you are also receiving the age pension. And superannuation itself was introduced because by the 1980s government had worked out it could not keep funding the pension for everyone. Two facts worth putting side by side. General information only, not financial advice. #retirementplanning #superannuation #agepension #australianproperty #passiveincome
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