Money magazine Comments - Aussies pay the price for early release of super Almost a million super accounts, largely held by women, single parents and the unemployed, were closed or nearly emptied during COVID-19. https://www.moneymag.com.au/feed/latest?story=179796295 Sun, 14 Aug 2022 05:40:44 +1000 Sun, 14 Aug 2022 05:40:44 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Aussies pay the price for early release of super https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Ben H ()

Sadly, cashing out 20k of super at the bottom of the market in 2020 may cost a 30 year old a lot more than 43k by the time they are 67.

Reply to article

For original story, Click Here.

]]> Ben H () Sun, 14 Aug 2022 05:40:44 +1000 Comment by Doug Freeman ()

If a fund manager could only turn $20k into $43k over a 37 year period then taking the money would seem a good move!

Reply to article

For original story, Click Here.

]]> Doug Freeman () Mon, 15 Aug 2022 17:21:01 +1000