Changes coming to superannuation 1 July 2022

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  • Опубликовано: 23 июл 2024
  • Come 1 July 2022 there are a number of changes coming to super. In this video I explain to super changes to help you determine if your financial plan needs adjusting.
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    #investgrowrest #superannuation #retirementplanning

Комментарии • 2

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics 2 года назад

    Still watching Frank G Melbourne Australia 🇦🇺 ❤️

  • @tyvid
    @tyvid Год назад

    Trouble possibly afoot for those of us relying on a self funded retirement through our Superannuation.
    ABC TV has been publishing and broadcasting interviews and commentary of a couple who state they should be still paying tax on their Super during retirement because others still pay tax.
    It could be a pre-empt to try to persuade the public to agree with the idea. Maybe it's already in the pipeline with Labor reforms and ABC was asked to do a report to soften the blow.
    That means a lot of us who have saved all our lives, paid our income taxes, paid concessional contribution tax as well, could be facing a significant reduction on our Super pensions.
    It would mean my Super pension retirement goals may mean having to find cheaper places to live. Not being one to own a primary residence, but instead will be relying off my Super pension for rent as well, means this ABC idea if it comes true, will put me into a terrible frugal living. I would be forced to cash out all my Super, buy a small apartment somewhere and claim government pension instead - therefore a burden to taxpayers.