Superannuation and the incredible shrinking honey pot

[rogespeed]

So you recently worked some years or months and with super for once - got a very small but useful super fund going

better check quick - i did and i have lost 14% over last 2 or 3 weeks 

The Govt via ATO is authorising early discharge ( or whatever the term ) , which means can can withdraw for ones private use

For those with very little in funds - a handy source of extra funding under the current circumstances

Unfortunately we are stymied by Canberra-time , meaning will be accessible not immediately but so9metime mid next month 

Wonderful , I ponder , by that time how much will be left ? 

[domino-710]

Thing is with Super - if you don't keep working - topping it up - it wll disappear on fees & charges.

Too many Uni students have found to their dismay.

[freddie*rooster]

It's looking more and more likely that we may need to bury our

money. If the RBA cuts rates to negative interest rate we will be

paying the Banks a fee to mind our money. 

[domino-710]

Mine is in the mattress - guest room.

[zanadoo_56]

....and your address is?

[tasfleur]

...and your address is?