NSW Move Money from Super Fund to Term Deposit?

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now

onyx

Well-Known Member
30 November 2014
22
0
121
I am 70-years-old, retired and have $200,000 in a super fund in cash only, risk free. I earn $22,000 per year from investments.

Is there any benefit for me to leave it here whereas I could get a much higher return if I move it into a term deposit?
 

SamanthaJay

Well-Known Member
4 July 2016
335
55
794
Hi Onyx

These are legal forums. Your question seems to be asking for financial advice. If you receive a govt pension, you could contact Centrelink and request an appointment with one of their financial advisors or you could seek advice from a private financial advisor.