“Around 27% of people that did actually take tax-free cash from their pensions now regret it.”
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Matt Ingram · Equity Mates Investing Podcast · Ask an Adviser: Debt recycling, super & investing for kids - Community mailbag with Matt Ingram
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advised moving from accumulation phase to an allocated pension at age 60 to make earnings and withdrawals tax-free
“Around 27% of people that did actually take tax-free cash from their pensions now regret it.”
“If you got between zero and seven seconds, your biological age ... 60 to 80. Seven to 15 seconds ... 40 to 60. Beyond 15 seconds ... age 20 to 40.”
“If you look at some of the larger, I would say more sophisticated pension plans, particularly those in Canada, they may have an allocation up to 20% to infrastructure, where we typically in Australia would probably target more like five.”
“If you got someone that's looking to help their child get on a property ladder and it's likely to come from the pension tax free cash… you could do that now and… advance what you might have put in place.”
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