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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Alchemisst on January 06, 2020, 07:19:14 PM

Title: Defined benefit vs Accumulation superannuation?
Post by: Alchemisst on January 06, 2020, 07:19:14 PM

I am trying to work out whether I should stay in my defined benefit super or transfer to a regular super Suh as hostplus, is anyone able to comment on my figures?

Have only done a few rough calculations but i got say 100k super = just over 8k pension amount, 100k in super fund in 30 years time would be ~500k (based on historical averages) 4% of that amount would be about 20k/ year, or 3% would be ~15k/ year. So it seems you would be 7k+ per year better off using the conservative 3% and even more using 4%?

Title: Re: Defined benefit vs Accumulation superannuation?
Post by: itchyfeet on January 06, 2020, 08:31:51 PM

I replied on your other post on the Australian investing thread.