Young people who withdraw super may be $100,000 worse off in retirement, Labor says

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Young people who withdraw super may be $100,000 worse off in retirement, Labor says
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Opposition steps up attacks on coronavirus support measure that allows people in financial distress to withdraw up to $20,000

Young people will bear the brunt of the Covid-19 economic crisis, Labor has said, as it estimates a 25-year-old who withdraws $20,000 from superannuation may be left up to $100,000 worse off in retirement.

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