Australian Politics Forum - Waiting Longer For The Aged Pension

Bobby. Gold Member Offline Australian Politics Posts: 106881 Melbourne Gender:	Re: Waiting Longer For The Aged Pension Reply #210 - Jan 11^th, 2015 at 6:47pm Quote: Well said Sir Bobby. Yes it is very hard for low income workers, to put money into superannuation. This is why super must be increased to 12% now. Thanks Sir Crook - you are right.
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Bobby.

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Re: Waiting Longer For The Aged Pension
Reply #211 - Jan 12^th, 2015 at 6:29am

Bobby. wrote on Jan 11^th, 2015 at 4:43pm:

Bobby. wrote on Jan 11^th, 2015 at 10:29am:

Workers may decide not to invest spare cash in their
superannuation so that can access their money when they need it.

I've already been doing that.
I don't want someone else telling me when I can have my money.
I might be dead before I can get it out.

I want my money back.

bump

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Bobby. Gold Member Offline Australian Politics Posts: 106881 Melbourne Gender:	Re: Waiting Longer For The Aged Pension Reply #212 - Jan 12^th, 2015 at 6:29am flip page
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imcrookonit Ex Member	Re: Waiting Longer For The Aged Pension Reply #213 - Jan 12^th, 2015 at 7:09am Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind.
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Bobby. Gold Member Offline Australian Politics Posts: 106881 Melbourne Gender:	Re: Waiting Longer For The Aged Pension Reply #214 - Jan 12^th, 2015 at 4:35pm Quote: Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Abbott is a one term wonder.
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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Waiting Longer For The Aged Pension Reply #215 - Jan 12^th, 2015 at 5:33pm Quote: Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. You can retire when you want to. Nobody is forcing anyone to work until 70 years old.
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imcrookonit Ex Member	Re: Waiting Longer For The Aged Pension Reply #216 - Jan 12^th, 2015 at 5:42pm Then leave the pension age at 67. Then again better still, put it back to 65.
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Bobby. Gold Member Offline Australian Politics Posts: 106881 Melbourne Gender:	Re: Waiting Longer For The Aged Pension Reply #217 - Jan 12^th, 2015 at 6:15pm Quote: Then leave the pension age at 67. Then again better still, put it back to 65. What about 55?
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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #218 - Jan 12^th, 2015 at 6:35pm

Bobby. wrote on Jan 11^th, 2015 at 9:26am:

Dnarever wrote on Jan 11^th, 2015 at 9:21am:

Bobby. wrote on Jan 11^th, 2015 at 9:05am:

Dnarever wrote on Jan 11^th, 2015 at 8:56am:

Pantheon wrote on Jan 9^th, 2015 at 9:12pm:

Grappler Deep State Feller wrote on Jan 9^th, 2015 at 9:06pm:

LOWER PENSION AGE - NOW!

Perfect, so we can retire early and work less, what a typical LW lazy attitude.

And yet it is typically conservatives who can afford early retirement and take the option.

I want to be paid back for all my tax money that was used to give other people the pension.

I want a lump sum + interest.

I don't begrudge paying my share to be used properly towards much needed pensions and yes it is a shame that we are going to be short changed.

You can blame me for that it has been the story of my life, I seem to just miss out on every possible benefit or advantage. I got no first home buyers bonus - I built between 2 schemes and would have qualified for either at the time but because I signed contracts under one scheme and built under the other I qualified for neither. Missed out on about $8,000 in the 80's on that little lurk. Managed the same with the child bonus, the rules changed in that year and once again I got nothing. Not complaining about that just commenting on how the trend has continued. Why should a pension which I will likely never get anyway be different.

Fair enough - I'll probably be OK with my savings + a fair bit of super & my own place - so no rent.

I am concerned for many others who don't have the same.

They paid for other peoples pensions but will be living in poverty.

Ditto -

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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #219 - Jan 12^th, 2015 at 6:38pm

Swagman wrote on Jan 12^th, 2015 at 5:33pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

You can retire when you want to. Nobody is forcing anyone to work until 70 years old.

You keep saying that - nobody believes you, while your rhetoric is correct the fact remains that the retirement age has been increased and there are many many people who have no other viable option.

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Dnarever Gold Member Online Australian Politics Posts: 59310 Here Gender:	Re: Waiting Longer For The Aged Pension Reply #220 - Jan 12^th, 2015 at 6:38pm Bobby. wrote on Jan 12^th, 2015 at 6:15pm: Quote: Then leave the pension age at 67. Then again better still, put it back to 65. What about 55? 62 ?
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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #221 - Jan 12^th, 2015 at 6:48pm

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

increased to 12 per cent now

The Liberals pushing back retirement age because we can't afford it and at the same time pushing back superannuation increases just to make sure that people are less likely to be self sufficient in retirement effectively increasing the pension bill they are saying that they can not afford.

Hint: If on one hand you can not afford to pay the pension increasing the cost with the other hand is probably not such a great idea.

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Waiting Longer For The Aged Pension Reply #222 - Jan 12^th, 2015 at 6:49pm Quote: Then leave the pension age at 67. Then again better still, put it back to 65.
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Swagman

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Re: Waiting Longer For The Aged Pension
Reply #223 - Jan 12^th, 2015 at 6:51pm

Dnarever wrote on Jan 12^th, 2015 at 6:48pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

increased to 12 per cent now

The Liberals pushing back retirement age because we can't afford it and at the same time pushing back superannuation increases just to make sure that people are less likely to be self sufficient in retirement effectively increasing the pension bill they are saying that they can not afford.

Hint: If on one hand you can not afford to pay the pension increasing the cost with the other hand is probably not such a great idea.

Here's something new. Save your own money and create your own wealth for retirement.... Roll Eyes

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imcrookonit Ex Member	Re: Waiting Longer For The Aged Pension Reply #224 - Jan 12^th, 2015 at 7:11pm Yes but isn't that a little too new for some people?.
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