Is there a case to ditch super in Australia? A clip doing the rounds by Senator Gerard Rennick says yes, and it turns out the argument is stronger than most people would think. Nick walks through why it stacks up on paper but breaks down in reality, from the fund returns and tax breaks people would give up, to what actually happens to money the second it lands in their pocket.

On this episode, we discuss:

(00:00) Intro
(02:56) The Full 'Scrap Super' Clip Played
(05:48) Why 40% Retire With a Mortgage
(06:50) The $80K Earner's Super Squeeze
(08:12) Why Most People Wouldn't Save the Money
(10:57) What Small Business Debt Says About Habits
(13:29) Why More Retirees Now Live Off Super
(15:36) What KiwiSaver Shows About Voluntary Super
(18:43) How Much Super Funds Actually Return
(20:07) Why Super Taxes You Less Than Investing
(21:24) Why the Wealthy Top Up Their Super
(22:27) How One Couple Saved $90K in Tax
(23:18) What Would Change if Super Went Voluntary
(27:13) Why Super Should Stay Compulsory

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The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson

This podcast is produced by VIDPOD.

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