Gen Z Aussies Risk $195,000 Retirement Loss by Dipping Into Super for Property

$Here’s a fresh, SEO-friendly version of the article rewritten in a clear, engaging style that meets your requirements: --- # Gen Z Aussies Risk \$195,000 Retirement Loss by Dipping Into Super for Property Owning a home feels like a distant dream for many young Australians, and a growing number of Gen Z workers believe superannuation could be the key to unlocking it. But experts warn this short-term solution could slash hundreds of thousands from retirement savings. ## Why Young Aussies Want Superannuation Access A new RedBridge Group study revealed: * **70% of 18–34-year-olds** support using super to buy a home. * Among **blue-collar workers**, support jumps to 80%. * Across all age groups, **60%** now back the idea – up 10% from last year. For many, property ownership feels more urgent than retirement. But financial experts say tapping into super too early could be a costly mistake. ## Who Supports Super Withdrawals the Most? The survey highlighted key groups more likely to support early super access: * **Lower-income earners** ( “It’s going to grow into a huge pile of money that we’ll really need in retirement. It’s in your interest to not only leave it alone but add to it.” --- ## FAQs **1. Can I use super for a home deposit right now?** No, unless laws change, super can’t be used for a home deposit except in rare government schemes. **2. How much could I lose if I dip into my super early?** A 30-year-old withdrawing \$35,000 today could retire with **\$195,000 less**. **3. Will letting people use super increase house prices?** Yes. Experts estimate prices could jump by up to **10%** if buyers gain super access. **4. What’s the earliest I can normally access my super?** You can generally access super at **60 (retirement)** or **65 regardless of work status**. **5. Is super safe from inflation and market changes?** Super is invested and can fluctuate, but long-term growth typically outpaces inflation. --- ## Final Thoughts Using superannuation to buy property might seem like a quick fix to crack into the housing market, but the long-term consequences could be devastating. Losing nearly **\$200,000** in retirement savings could mean relying on the pension or struggling financially later in life. For now, the smarter move may be to explore existing first-home buyer schemes, save steadily, and let superannuation grow untouched. 👉 What do you think – should Aussies be able to use super for a home deposit, or is it too risky for retirement security? --- Would you like me to also create a **meta title and meta description** (SEO snippet) so this article is fully optimized for Google?$

Owning a home feels like a distant dream for many young Australians, and a growing number of Gen Z workers believe superannuation could be the key to unlocking it. But experts warn this short-term solution could slash hundreds of thousands from retirement savings. Why Young Aussies Want Superannuation Access A new RedBridge Group study revealed: … Continue reading Gen Z Aussies Risk $195,000 Retirement Loss by Dipping Into Super for Property