Greg Smith
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Appearances Over Time
Podcast Appearances
And we just go around asking people, how much is in it?
Do you think it's enough?
Get that conversation going.
It's not about trying to embarrass people or anything like that or people sort of upstanding themselves.
It's just, yeah, and they go, oh, my God, yeah.
Do you think there'll be enough for retirement?
The general, you know, people are getting better prepared for retirement, but, you know, it was still not, I think it was still not perfect just yet.
But, yeah, that awareness has certainly grown.
and that's why you know um they get their superannuation there's probably a bit of misunderstanding there and it's not gonna it's not gonna be enough it was you're quite right the the onset of it was and you know i've seen plenty of talks and um superfund over the years is the baby boomer sort of uh yeah i suppose gap that we've got in terms of sort of time and that's going to be needed in the next sort of few years right so
To date, the sub fund hasn't paid government dividends.
There hasn't been a distribution.
So, yeah, it's just investing and investing quite well.
But there has been no benefits as yet in terms of a distribution.
But that will be a part of the solution, but certainly not the partial one.
Just like...
There's uncertainty over NZ Super.
Is the age going to go up?
Will it even be around in 10 to 20 years' time?
Yes, and then we also have the Super Fund.
which will help.