Will your super still be safe by the time you retire if governments keep changing the rules?
Description
Replying to @Al with all the law changes regarding Superannuation people can tend to get to negative about what the future may look like. But for me we can only assess the rules as they stand today and if we worry about the future will be paralysed into doing nothing. So under current rules, the government is still making it attractive to put money into Superannuation. They still need to solve the problem that there will be less people working paying taxes to help fund age pensions in the future and therefore people need encouragement to put money away for their retirement. This is video one of two where we talk about what changes have been made in the past and who do they target?
General advice only.
#financialadvice #superannuation #retirementplanning #retirement #taxsavings
The information provided in this article is general in nature only and does not constitute personal financial advice.