Scott Francis in his latest Eureka Report article analyses the real difference in realisable income for someone in retirement with $1 million in financial assets compared to those with far less.  His analysis suggests that the system provides minimal incentive for those with investments of between $500,000 and $1 million.

It's not all downside though with those with larger levels of investments being less tied to the government's pension system.

Please click on the following link to be taken to the article - Who'd want to be a millionaire?