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Trump said Australia’s system ‘worked out very well’ with $200,000 saved by 67 — so why didn’t he apply that model to Trump Accounts?

Posted on July 22, 2026
By Fortune
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1 min read

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Trump said Australia’s system ‘worked out very well’ with $200,000 saved by 67 — so why didn’t he apply that model to Trump Accounts?

Australia's mandatory 12% employer contributions built that balance over a working lifetime. Trump's newborn accounts rely on a one-time $1,000 deposit.