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I'm with you on the GTFO. Over the next few decades Govts will be looking everywhere for money to pay for this near universal handout.My long term view is when you reach your preservation age a future Govt will restrict your withdrawals to a certain % every year and that will the annuity that partially or totally replaces your age pension.No more retiring at 60 / 65, buying a boat with your super, and then going on the pension
I'm with you on the GTFO. Over the next few decades Govts will be looking everywhere for money to pay for this near universal handout.
My long term view is when you reach your preservation age a future Govt will restrict your withdrawals to a certain % every year and that will the annuity that partially or totally replaces your age pension.
No more retiring at 60 / 65, buying a boat with your super, and then going on the pension
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