"91% of this population [Australia] are not going to have enough superannuation to live on when they retire. There's a high percentage of people who are going to run out of money five to seven years after they retire, because here's what they don't understand about superannuation: You can't control the stock market. You can't control economies. You can't control the companies in the stock market, and you can't control world events.

Have a look at what happened when Trump introduced the trade tariffs—the market dropped 20–30%. You had the GFC drop 30–40%. You had the buildings getting hit in 2001 and the market dropped 40% overnight. I mean, there's no control as an individual. You can't control your money that's in a superannuation fund because it's predominantly in the stock market."

Tony Harrington / Ep.66 / 31:13