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COVID-19 Early Release of Super Unpacked!

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Manage episode 260119086 series 2092723
Content provided by Alex Hont. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Hont or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

With the arrival of COVID-19 to disrupt our economy and way of life, the Australian government have announced that people who have lost their job or seen a reduction in their income or hours worked, can apply to access up to $20,000 of their superannuation savings.

But is this actually a good idea? In this episode of the #mastersoffinancepodcast we explore some of the consequences of accessing your super early and attempt to quantify what this could mean for your balance over time. #havealisten

  continue reading

72 episodes

Artwork
iconShare
 
Manage episode 260119086 series 2092723
Content provided by Alex Hont. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Hont or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

With the arrival of COVID-19 to disrupt our economy and way of life, the Australian government have announced that people who have lost their job or seen a reduction in their income or hours worked, can apply to access up to $20,000 of their superannuation savings.

But is this actually a good idea? In this episode of the #mastersoffinancepodcast we explore some of the consequences of accessing your super early and attempt to quantify what this could mean for your balance over time. #havealisten

  continue reading

72 episodes

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