my salami
Yes, no doubt he was contributing a large amount into the C fund. I know of 1 TRE who's kids have left home and he's now putting away 50%! I'm half that with kids still at home and a mortgage to pay. It's do able so not sure why some on here say you shouldn't include the C fund. Why not? Your spare cash would be put into other alternative investments, such as property, savings, gold, bonds, ETF's or whatever you want to invest in for your future retirement. Some choose the C fund because of the lower fund charges and ease of use.
I have another colleague, 18 years, no C fund contribution, fund just over 700K.
I'm not selling the Provident Fund, merely pointing out it's value to some.
Harry