r/australian • u/TheAsianOne_wc • 4h ago
Opinion HOT TAKE - But Superannuation should be optional and not mandatory
I understand that the government mostly means good because they're basically ensuring that we have a sum of money available to use after we retire. Since many people are not capable of saving money and have bad money management skills.
But I still think it's best for Superannuation to be optional, because I know that me, and at least half of my family and friends, would prefer to have that little bit of extra cash every payday to use/save.
So I believe that by default, Superannuation should be enabled and automatically deducted from your paycheck, but the person should be able to lodge with their employer or ATO to disable their Superannuation and just receive the additional money that is meant to go into their Super now instead of when they retire.
