Thread: Super
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Old 06-04-2010, 01:07 PM   #5
MO
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Join Date: Dec 2004
Location: QLD
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No super is not a scam but you the person should be researching what is best for you. There are a myriad of schemes out there some have woeful fees and charges other dont.

For me any scheme that is high risk and high fees etc don't touch it unless you can absorb the possible loss. Even though low to no risk schemes don't return much they are safe and you will always get your money and the more you put in now is the more you will need when you retire.

Most ppl around the age of 25 to 30 now will need about $1,500,000.00 at retirement to live comfortably.

My advice do your research get yourself a good accountant/financial advisor there fees are tax deductible.
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