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Old 03-06-2020, 03:40 PM   #1154
zilo
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Join Date: Jul 2012
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Default Re: Australia housing bubble

Quote:
Originally Posted by leesa View Post
Like my taxes paying for previous generations' pension, despite them receiving their full wage and not setting aside any money for their future
I paid a lot of tax in my life, and don't qualify for the pension.
I know of people who died well before they were old enough to get the pension, yet they also paid tax all their lives

Quote:
Originally Posted by leesa View Post
while I also get deductions from mine to pay for my own superannuation?
Employer contributions are not your money, it comes from the employer.

Quote:
Originally Posted by leesa View Post
It's almost as much of a joke as me getting access to hundreds of thousands of dollars in super when I'm 70 and probably only a year or two away from death while today I can't buy a house for my own shelter. A lot of good that'll do me then.
Tell me what you earn and I guarantee I reckon I can find a dwelling for you to buy....won't be your dream come true, but reward is usually linked to effort.
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