Down Unda

Sometimes they seem so overly-optimistic in Australia.

"Over the next 20 years, generations X and Y will become the dominant superannuation customers. By 2028 they will hold 84 per cent of all assets," says Monaghan. "At the moment baby boomers are the big segment with close to 47 per cent of all super assets, to which one should add the 12 per cent of the assets held by those born before 1942, so the total comes to 59 per cent.