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You're missing the fact that most people use the GROSS super value for retirement planning calculations... Yes, most of us here realise the difference between Gross & Net, but all the super advertising I've ever seen fails to clearly articulate exactly what your super figure is.... Just like...

This is exactly my point.... ;) Super is supposed to be the "primary" income stream in retirement for the general populace. The sad reality is that the meagre amount is often barely enough to survive on, let alone live a comfortable existence. My other main point is that it is TAXABLE...

Is it really that much??? I mean, in order to access it, you have to give the Govt a cut (tax), ongoing management fees will be far more noticeable once the contributions cease & this amount is supposed to last how long? 500k in super is a paper figure. You could't actually ever touch all of...

Super is just another elaborate government taxation system... surely people can see that :confused: The only difference to normal taxation is an in faith commitment for you to personally access those funds at some point in the future with little loopholes to "help" people from becoming a...