Challenges of an aging population
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The problem with funding Population Aging is that we are all living much longer, and Canberra can't afford to pay us all the pension. For the majority of Australians - including future generations - the 9% will never be enough. The 20% in Singapore appears to be realistic - and you can use it to buy your family home. Superannuation doesn't really provide adequate resouring because you simply eat into your saving when you opt out of the workforce, and of course it's not inflation protected,
Retirelaughing 2 years ago