Why Are Aussies Draining Their Super Early? - The Real Risks Involved скачать в хорошем качестве

Why Are Aussies Draining Their Super Early? - The Real Risks Involved

Early access to super is rising at alarming rates, and not always for the right reasons. In this episode, Mark and Shani dig into the sharp increase in compassionate-release applications, the rise of predatory dental/cosmetic advertising, and why taking money out of super early can quietly destroy your retirement savings. They break down how early release works, who qualifies, and why even a $20,000 withdrawal could mean $93,000 less at retirement. Plus, they discuss distrust in the super system, younger Australians opting out of contributions, predatory medical schemes, and the behavioural traps causing long-term damage. Get the latest news, including our newsletters for individual investors and financial professionals: https://www.morningstar.com.au/newsle... ORDER Mark and Shani's New Book: https://amzn.to/46qMXAu Disclaimer: This video has been prepared for clients of Morningstar Australasia Pty Ltd and/or New Zealand wholesale clients of Morningstar Research Ltd. Any general advice has been provided without reference to your financial objectives, situation or needs. You should consider the advice in light of these matters and any relevant Product Disclosure Statement before making any decision to invest. To obtain advice for your own situation, contact a financial advisor. For more information please read our Financial Services Guide (or ‘FSG’) available at: www.morningstar.com.au/s/fsg.pdf or by calling us on 1800 03 44 55. By viewing this video you agree to the FSG being made available to you electronically via the Morningstar website or by contacting us for a copy. Past performance does not necessarily indicate a financial product’s future performance. #InvestingAustralia #FinancialSafety #RetirementPlanning #WealthProtection ##PassiveIncome #MorningstarAU #FinancialIndependence #investingaustralia #moneymindset #MorningstarAU #wealthbuilding #MoneyTips #FinancialLiteracy #PersonalFinance #FinancialFreedom #MarketForecast #InvestmentStrategy #FinancialPlanning #SmartInvesting #Superannuation #EarlyReleaseSuper #RetirementPlanning #FinancialIndependence #CompoundInterest