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Post Info TOPIC: Retirement Age
The dog lady


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RE: Retirement Age
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neilnruth wrote:

Hoodathunkit I think you will find that those ages have been fixed at that for a few years. I know I was waiting for about 5 years to turn my 'magic' age. I retired without super or pension and we managed on what we had.

 Yep, the changes were part of the 2009 budget.  And you can bet I was mad as hell.  I can understand that those who don't enter the workforce till they are 25 or so may be expected to contribute later, but I've been working since I was 15. Studied at night and never took the sole parent pension (stupid me). Then at 61, with my health falling apart, they say that although they know no-one will give me a job, I could still work for 8 hours a week, so the most I can expect is newstartfurious until I get to 65. furiousfuriousfurious.  And I'd just like to tell John H , if I could have your cushy job I would be happy to work till 75 too. But it's not my fault the pollies have mismanaged all the taxes I've paid so there's a shortage a of funds now.

Anyway, that's my 2bob's worth of rant. Now back to some happier topics because I too will just manage on what I have!



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Cheers, Marianna. 

The more I learn about people, the more I like my dogs (Mark Twain)
The dog lady


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Status: Offline
Posts: 529
Date:
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Jack Mac wrote:

Snip

From memory the compulsory super was introduced in 1988. It was 3%. 

 I believe you're right there, and I know that when I started working for the ATO in 2000 I had the princely sum of $1400 accumulated! Unfortunately after 3 divorces (slow learner) the best I could do with my super when I quit last year was pay out the mortgagehmm. But I'm still here and having' fun. In the words of a yank folk song "I'm older than my father ever was and I'm guilty of out-livin' my ex"biggrin



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Cheers, Marianna. 

The more I learn about people, the more I like my dogs (Mark Twain)
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