Draining entire superannuation savings wouldn’t cover most young couples’ home deposits, research finds - eviltoast

Research by the Association of Superannuation Funds of Australia casts doubt on the Coalition’s plan

  • zik@aussie.zone
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    8 months ago

    I guess I was addressing the “living in poverty” part of the parent comment and the suggestion to downsize in your follow-up. I thought you meant to downsize to get some money to pay the bills. But it seems like you’re saying to downsize to get a house which is easier to maintain?

    • 𝚝𝚛𝚔@aussie.zone
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      8 months ago

      ¿Por qué no los dos?

      Can’t manage a large property… sell large property, acquire money… purchase suitable sized property and use balance of cash for a motorbike, or a jet ski, or just keeping up with the rising cost of living.

      Why go broke (both financially and physically) in a large house as an old person?