Relying only on superannuation for retirement is risky. Policy changes have stripped away control over your funds, and the speaker predicts the system will eventually become a rationed government pension instead of a personal investment.
If you're relying only on your superannuation for your retirement or for your livability for the future, I don't think the superannuation system is a safe way for you to be able to keep your money, to create a legacy, or to be able to make sure that you're secure for your financial future. There has been a consistent set of changes which has been happening, which have been making it harder and harder for you as an individual to be in control of your own retirement decisions, your own retirement finances. What I think is going to happen in the future— I'm not the only one that thinks this— is that your super is going to be held and it's going to be rationed to you as a pension.
