Should I Move Super to Cash? - Everything You Must Consider

Chris, I have just retired and for the last year I went over and over the investmest options. My fund has an extremely complicated array to choose from and even after speaking to their investment advisor I was non the wiser. So, I just did exactly what you said and put it in the Moderate investment option. Now I simply get on with living and enjoy retirement without worrying about the future, because I know over the long term it will all work out fine. I think your channel is great and look forward to each posting. Cheers, Leon

Thanks great info as always...

Thanks again Chris, for the no nonsense advice

Great advice. Ride the wave and think long term , dont risk missing out in the rebound after a correction

Hi Chris, my journey to you channel was an interesting one. Its started in X at a post about a currency reset followed by various YouTube videos on the impending stock market crash. Finally finding your video on the very topic Im considering, moving my super to cash The talk that a crash would wipe out us baby boomers is a massive concern so Im looking at what I can do to lesson the disaster. The issue for a retired 65 year boomer is that if the massive crash happens I have no chance of recovering. So Im thinking about what my triggers will be, I know I will want to get back in as the market recovers but what is my best option to protect my portfolio? Is it Cash? What is Cash exactly. Or do I take all my money out and put it in the bank. I think a lot of people would be happy if the Boomers were wiped out but I wont be one of them. Thank you for your video as it was thought provoking!

Time in the market beats timing the market.

A 4th reason is when you are close to retirement and you want certainty on the amount you will have to withdraw. For example, if you have $400,000 and plan to retire in 3-6 months, and the market drops, then its a real loss. So, cash provides low risk certainty where 1-3% return is better than a loss

Does the super fund charge you a fee for chopping and changing?

What if I take it all out in a lump sum, I’m on a Age Pension from Centrelink

😊

I’m with UniSuper, just retired with Centrelink Pension, I’m thinking good idea, “moderate”, is this the same as “Conservative Balanced”

Economic investigator Frank G Melbourne Australia 🇦🇺 still watching this very informative content cheers Frank

if a conflict brakes out in the south china sea super will crash big time, if your near to retirement its risky, if is a big word in this situation ,with fees and charges in funds and returns over the last two tears depending on your financial situation and age I think the bank is a good option the rest in gold.

Na...this video is way to sensible 😂