What I can do with super in retirement

[@wayneharrison]

As usual, another excellent vid, Katherine... SO, KEEP THEM COMING!🤩

[@parisbear6062]

My experience with Super Funds is haveing large portions wiped out in stock market crashes plus their fees on top. This has happened twice therefore I have no confidence in them and only get a 1% return on the Super fund cash rate. On retirement If I withdraw all and place in a short term investment account 5% how will the interest be assessed e.g. Income must be under the assessable fortnightly rate allowed for pension? Is it asessed annually> Thank you.

[@HandeYuksel-h1j]

It seems like that it is asaumed everyone here has plenty of money saved in their super and tries to save on taxes. What if you're a low income earner, are 55 years of age and barely have a bit ober 150K in your superfund?? Can we basically assume I won't even have enough money to pay my Strata fees and die of hunger?? It's all so complicated and grows over my head...Heeeeelp!!!

[@JustJamesDean]

for the super amount in excess of 1.9m, could this be used to buy a tax free annuity?

[@paulchilvers5032]

Katherine,. Are the Superannuation nation minimum drawdown rates only applicable to the income stream component of your super fund? Of one does not require income at the imposed drawdown rate can on leave a proportion of funds in an accumulation account? Thanks

[@AboutRetirementTV]

Hi Paul, yes, this is correct. The drawdowns only apply to income streams, not super. You can keep however much you wish in a super and not draw any money form it for as long as you wish.

[@aussietaipan8700]

114 liked

[@VivienneWest-k3n]

And if you do have some money but don't have a family trust which you can get the full pension, but put it in investment, you become a monster by the Australian government . They destroyed your confidence when they decided to reduce your pension, leaving you with just above the pension. But at the same time, they give millions of dollars to aborigines who have used it for themselves.

[@VivienneWest-k3n]

😮 won't get the full pension if you invest, and if you have a family trust fund, you will get the full pension . This is how the Australian government cheats and lies to those who are honest about their money. What the Australian government does is take away a quarter of your pension . They like to use agents called ASSETS LEGISLATION to get as much money from those who invest money but allow trust funds holders to get away with their full pension. This is what you call a double standard in a DEMOCRATIC COUNTRY.

[@Marcsie28]

Please go straight to the point instead of mucking around,thank you 😂

[@VanLe-ex8hr]

So, you think KZbinr needs to make vid as quick as possible, don't you? I don't think youtubers do it for fun. Think about it, it's not difficult