Emperor Augustus’ scheme for retired soldiers paid a decent sum after 25 years, so retirement age could be as young as 42 while they were still strong and healthy.
Articles on age pension assets test
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Depending on circumstances, it may be time to re-think the bias to paying down housing debt over wealth accumulation in super. At least to do the sums, so you can make an informed choice.
The government’s retirement incomes review should concentrate on boosting rent assistance and Newstart and fixing the pension assets test. These would achieve more than boosting super.
