Smid
Junior Chimp
Posts: 6,151
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« on: September 23, 2008, 02:23:29 AM » |
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Your question supposes roughly the Australian state of affairs. We have compulsory superannuation (see my point in the other superannuation thread). There are real people hurting right now in Australia, because the money for their retirement that had been invested on their behalf has devalued because of the falls in the market. That said, it's possible that the increased funds in the market may have provided greater stability, although that's not a definite. I know that my superannuation has gone done by a grand or so over the past six months. I think I'm averaging a -10% growth or thereabouts on my super over that time.
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