There is a huge need for Superannuation at the present time. Oh what a problem ! Oh what a need.!
The advent of the “Baby boomers” is upon us.
Most of us are proud people and don’t want to rely on hand outs when we retire and yet such a large percentage do in the end. In the past, successive Australian governments have been able to provide for the sick and elderly so that few ever had a real problem.
You may think that governments are clever and they will always look after us but with the event of the “Baby boomers” not only looming but starting to take effect as I write, we may have a problem. The percentage of taxpayers is rapidly shrinking so who will pay the bill?.
In addition there is an additional strain on the health system that is already struggling to cope. Everyday we hear of the population increasing over the next 30 or 40 years and the need for a massive increase in infrastructure which can’t cope now. Climate change, green house gases?, don’t even go there. We have a rapidly decreasing base of overburdened taxpayers.
- What will become of us?
- Who is going to pay for your retirement?
- Do you want to pay double the tax in the future or provide for yourself and family now so you can be sure of a result?