$1m in super not enough: CooperBY MARK SMITH AND AAP | MONDAY, 20 APR 2015 12:45PMSuperannuation expert Jeremy Cooper has said that a super balance of $1 million would buy an income stream little greater than the age pension. Related News |
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And effect of inflation on the two examples?
Mr Cooper conveniently forgets to use the principal, 4% per annum + part pension