Secret Wars wrote on Sep 17
th, 2018 at 6:10pm:
It might require a bit of lateral thinking with super, most people, or a lot of people anyway, die with a hefty amount still left.
Generations now are growing up with super from day one, there may be options to investigate sequestering a portion of that for actual aged care, not caravans and swimming pools.
A point - super funds gathered are properly a part of an inheritance to be passed down - same as savings of any kind and assets - sometimes the cost of living means that perhaps super could be used to fund necessary care.
It's a hard call - and open to ideological argument from all sides... particularly those who imagine that anyone in retirement should wind down all accumulated assets to exist....
Not on.... just not on. Assets accumulated over a lifetime of effort are not meant to be wound down to provide sustenance - but rather to provide the luxury earned.
Before you jump up and down - EVERY one of those twerps who mumbles about assets having to be wound down in retirement does not apply that 'reasoning' to self or to their own.... and there endeth the lesson.
Lead from the front or don't board the aircraft...