on_one_wheel wrote:There's plenty of solicitors that are happy to act for someone who can't work the system for themselves, most are happy to take your money upfront @ $450 per hour or more.
What's the difference between a lawyer and an electric eel ?
Ones slimy, smells fishy and hurts to get tangled up with... the other is an electric eel.
Die Judicii wrote:on_one_wheel wrote:There's plenty of solicitors that are happy to act for someone who can't work the system for themselves, most are happy to take your money upfront @ $450 per hour or more.
What's the difference between a lawyer and an electric eel ?
Ones slimy, smells fishy and hurts to get tangled up with... the other is an electric eel.
Like a bushfire, hurricane, tornado, flood, woman,,,,,,,,,,,,, sooner or later,,, one of those will destroy your life.
No1Mk3 wrote:Really? I have been considering getting access to some of my Super, and it is a legal nightmare that may take over 39 weeks of being compulsorily and continuously on the dole or require me to permanently retire earlier than I wanted. Would love to know what your secret is to bypass the rules about accessing "my money"..
cz515 wrote:Yes people who are retired...or over that age don't need lawyers..... its more for those who are younger than retirement age who might need help to navigate.
Lawyers are all about the money. You remember Nicola gobbo the police informer lawyer. He main crime was she expedited court cases by getting her clients to take quick plea bargains thus dudding out her colleagues of thousands of fees
Bugman wrote:Had used a bunch of lawyers that still advertise on TV. This was way back about a my compensation case. The lawyer that handled the case ended being as useful as tits on a bull. I walked away from the whole debacle. Just wasn't worth the effort and I just wanted to get on with my life, which I did. I really do despise the majority of the legal profession.
Gamerancher wrote:The "superannuation guarantee" was introduced to reduce the pressure on the old age pension. The life expectancy in Australia had risen to 78 in 1996, that was an increase of 10 years since 1950 ( it was 68 ) and 38 years ( it was 40 for men ) since 1908 when the fist pension was introduced. Basically, people were starting to live too long and it was easy to see that the OAP as it was wouldn't cope in the future. Keating came up with the compulsory employer scheme as a way of forcing people to save for retirement.
Yes, some folks are capable of looking after themselves, but a vast majority are not. Making it hard to access saves people from themselves, blowing their savings and becoming a burden on the system. The recent access granted to peoples super to help them get through "hardship" caused by covid showed just that. I've had blokes brag about getting "their" $10K out and buying a quad bike, fishing boat, motorbike,... the list goes on.
I just got the annual report for mine, ( an industry fund ), that returned better than 15% last year. I was thinking about converting to a self-managed fund but I don't reckon I can better that without a lot of risk or effort.