btcclub on Nostr: Australian #Superannuation Funds are worth $3.7 Trillion. At 11% foir super ...

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