NSW Move Money from Super Fund to Term Deposit?

[onyx]

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]

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.