Global Feed Post Login
Replying to Avatar BTCCLUB

Australian #Superannuation Funds are worth $3.7 Trillion.

At 11% foir super contribution averages, #Australians are pouring approximately $400 billion into these funds per year with many leaving their retirement in the hands of retail funds.

Of this, approximately $60 billion is taxed.

benchmark

1 year = 9.05% pa return

2 year = 7.52% pa

10 year = 7.32% pa

For anyone who missed our history of Australian #Dollar Horror post for the findings on #Australian money supply expansion, we outlined the average monetary inflation rate since 1975.

https://proofofwork.com.au/australian-money-supply/

Once you factor in the tax, inflation, and management fee, your super is only tracking todays purchasing power for ther future.

It's not designed for you to live a comfortable retirement.

#austriches #ausrich #proofofwork #bitcoin

Avatar
π•„π„Ξœπ”Όβ“’ 𝔼𝔩αŽ₯ŀ𝐞 1y ago

Self Managed Super Fund + #btc = out perform retail funds with inflationary protection to boot.

Get on it #Austriches

Plenty of how to guides to start a SMSF out there.

Be your own Bank, be your own superfund...

nostr:nevent1qqsrl5fjqzqf9f4zh9e6hm0f20d7ycd52qwem3vvj5wuyj82lgswxqqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpd9pxypzsj7ks7whxv9vej9ncg5834lxdx0eevp0utg6gnwsf0h0qvzqqqqqqy84a469

Reply to this note

Please Login to reply.

Discussion

No replies yet.