Sorry another pasted link.
www.newscientist.com/article/mg21729013-600-environmental-crises-may-threaten-pensions/?ignored=irrelevant
Dude, you wonder why they reckon windsurfings for ol' farts, posting shiz like that!
You keep pumping your hard earned in spock[}:)] This way Decrepit an me will be fine cos your lot will keep it topped up....for a while. By the time you hit your straps, there will be zero left to play with
NFI
der noddy .Just deserts for our selfihness and desire to drive gas guzzling cars even to the dunny if we could, bikes are no longer used as transport and one must look like some oversponsored lycra wearing dik if you ride one,we dont walk anywhere and waste time and precious resources wearing off the fat in energy guzzling gyms that feed ego maniacal wallys, and we live in mc mansions that require a mortgage our grandchilren will still be paying off when they are grandparents with just about every rediculous energy sapping gadget ever thought of .I see that a billion trillion $$$ supply of shale oil has been found in SA so that it can be burnt in 5 minutes flat by the current crop of the selfish lazy and greedy.
as the old saying goes we reap what we sow,this report is no surprise and states the bleeding obvious
Wow Float, when did you become a Granddad ?
At least you know your morgage will get paid one day 
By the time I retire I bet the government will need my super fund more than I do and will impose a 95% tax on it if you start making use of the funds under the age of 90. Work till you die then they will take it all anyway.
Even the Romans freed slaves after 20 years of service.
Perhaps slightly off topic, but who can explain to me the thinking behind limiting the amount you can put into your super each year to $25,000??
Related:- They are calling it "The Superannuation Black Hole".
www.abc.net.au/7.30/economists-warn-superannuation-may-not-fund/4282478
The Australian stockmarket has dropped around a third from it's peak of 6900. The American stockmarket has only dropped ten percent or so......something smells fishy to me.
Anyone who invests in the U.S. market surely has to be bonkers.
A scenario where the market crashed 90 percent from it's peak in the future is entirely possible and more than not likely. The Australian market dropped 54 percent at one stage so a 90 percent drop not that far away.
A transference of wealth away from the common people.
When an economist who is the darling of the mainstream media is serious about the US Treasury minting a trillion dollar coin so government spending can continue without having to negotiate debt increases with congress, you know its time to get out of American investments.
^^^ +1
But the trouble is when the US comes unstuck, the whole house of cards falls down - think GFC only worse.
almost all of the success stories that I have heard about super have been associated with the Government schemes where the contributions were matched or very generous.
jeez 6 one in one hundred year weather events in 10 years here alone and people are worried about their pension funds .What they should be more worried about is where those funds are invested ie are they in companies that are contributing to catastrophic climate change if so ....well.......
Bank Clerk: How can I help you, young man?
Stan Marsh: I got a hundred-dollar check from my grandma and my dad said I need to put it in the bank so it can grow over the years.
Bank Clerk: Well that's fantastic. A really smart decision, young man. We can put that check in a money market mutual fund, then we'll re-invest the earnings into foreign currency accounts with compounding interest aaaand it's gone.
[Blank stares and silence as it goes from the Bank Clerk, to Stan, to the Bank Clerk, to Stan]
Stan Marsh: Uh... what?
Bank Clerk: It's gone, it's all gone.
Stan Marsh: What's all gone?
Bank Clerk: The money in your account. It didn't do too well, it's gone.
Stan Marsh: What do you mean? I-I have a hundred dollars!
Bank Clerk: Not any more, you don't.
[Gestures]
Bank Clerk: P00f!
Stan Marsh: Well what can I do to get back my...
Bank Clerk: [Interrupts] I'm sorry, sir, but this line is for bank members only.
Stan Marsh: I just opened an account!
Bank Clerk: Do you have any money invested with this bank?
Stan Marsh: No, you just lost it all!
Bank Clerk: Then please stand aside for people who actually have money with us. Next please!
Stan Marsh: [Getting pushed out of the way] Hey!
Bank Clerk: Hello Mrs. Farnickel. How are you, today? Making a deposit, are we? Greeeat. We can just put that into your retirement account and make it go to work for you aaaaand it's gone.
Mrs. Farnickel: Whaaat?
Bank Clerk: Sorry, yeah, it's gone. Please step aside for people who actually have money with the bank. Next please!
Stan Marsh: Dad!
Randy Marsh: Hey, I'm trying to teach my son the importance of savings. You already lost his money?
Bank Clerk: Oh, Mr. Marsh! D-d-don't worry. We can just transfer money from *your* account into a portfolio with your savings... AAAAAND IT'S GONE! This line's for people who have money with the bank, only, please step aside!
[Randy and Stan stare dumbfounded]
If I give my 10% tithe to the market god to assist both the market priests in earning a living, and also contribute to the market itself, that the market priests also live off, I will earn a happy after-life/retirement.
You have to admit it really does smell a little bit ponzi. Investment funds must've run out of lube the night the government made super mandatory.
If you trust your future, financial or otherwise, to somebody else, who will have the better future??? Ye or he???
Superannuation is mostly a dud as it stands today. The government wants to have access to it and we all know how well the government can make money disappear.
