There is another side. Apart from those struggling to save...

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    There is another side. Apart from those struggling to save enough in their Super fund, we have folks who are over 60, retired and now gone back to work.

    They could be taking $200k a year from their super under the minimum draw down, tax free, contributing as a couple $72k from their salary into their super (taxed at 15%), and contributing another $360k PA from their funds outside of super. They can do this for about 10 years. Their super would be increasing each year even with the min draw down, and being 'retired'.

    All legal and within the rules.

    Listen I'll take every advantage of the system, but the above is probably not in the best interests of society at large.

    I can easily see a a limit put in place as a cap on contributions. Maybe $2 or 3 million would be reasonable.
 
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