Letter

In response to At last: A serious attempt to fix retirement phase of super

The considerable cost of retirement living

The article by Andrew Podger fails to refer to the issue which concerns many aging retirees and that is the frightening cost of low- and high-care accommodation, starting with the initial bond.

The $250,000 referred to as retained superannuation capital is in no way adequate for this task. I am sure Andrew has considered this issue and i would be interested in his solutions.

— michael greer from Fitzroy