Do people factor inheritance into their lifetime budgets?
Otoknonko,
Sadly, that is so. Even worse is the fact that Government is toying with the idea of our retirement age being put up to 67 so that we use at least two years worth less Pension.
Why ? Because public Servants have begun to outnumber us & their Super which is better than ours is funded by us.
So every year of pension they can deny us will go towards propping up their pensions. Many of which will be public servants who have only been in the country for less than 20 years.
Most of our social security funding which we provided has already gone towards many of those who hardly contributed 50 cents.
The Victorian teachers strike for more pay is a clear indication of how our public servants so shamelessly demand ever more without giving us who provide that funding, a single thought of concern. Those who have clean 9-3 jobs want more than the worker who gets dirty in 8-5 shifts. It really has turned into a me, me, me scenario. Unions have lost the plot long ago with their demands.