superannuation changes

[6025]

since most investment gurus tell you to start with a "vision" of what your goals are then work your way backwards, what do you think about government plans such as this?

http://m.perthnow.com.au/national/n...-up-to-2-billion/story-fnii5s3x-1227335300853

Does it make you strive harder, anticipating a pretty much zero state pension by the time you retire?

Or does it make you go "why bother, spend now to qualify for welfare later"?

 

[VYBerlinaV8]

I've always taken the view that I won't get a pension, and that my superannuation will be subject to much greater tax than it is today.

I invest accordingly.

 

[TomW]

It's not like you can decide to opt out of super no matter how you feel about it.

 

[EN710]

Have never expecting pension so no issue there. I don't even think that I'll get my super back.

But the time I'm 40 years old, the retirement age maybe 80-85.