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Thread: Study: 44% of social security users say "No, I have not used a gov. social program."

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  1. 08-09-2011, 16:30 #13
    Papewaio
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    Default Re: Study: 44% of social security users say "No, I have not used a gov. social progra

    There is the aged pension (and disability and widows and etc) in Aus.

    Most of us however pay 9% on top of our income into Superannuation for when we retire... so essentially after 40 years of income one should have at least 4 years plus compounding interest to live off at retirement.
    Last edited by Papewaio; 08-10-2011 at 02:10.
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