I get and support the gist of this.

In terms of dollar values, I worry about 2 things:

• the official CPI figures don't track to the actual cost of living, eg mortgages aren't included
• the issue of money/government debt is uncontrolled

Maybe if it was set as the equivalent of $3M in gold as at 12 March 2026 I'd be OK....

PS:800k might be the comfortable today, but there have been multiple times the share market etc has halved, or even lost 90% of it's value. Unless you have 2x to 10x 800k, and have a living portion in liquid assets, you are not immune.

As an alternate POV, if somebody had $5M in super today, would we be OK with no extra tax if the markets crashed 50% and that meant their super was only worth $2.5M now? And the $3M fatcat who only held shares in his dodgy cousin's company that tanked, some NFTs, and cryptocurrency was now worth $100k?