Have You Considered Switching Your Retirement Fund?

Tuesday 02 February 2021, 10:06 AM AEST - 2 months ago

Have You Considered Switching Your Retirement Fund?

In the 2019/2020 financial year the top performing industry superannuation fund made their members a return of 3.9%, with an overall average of 8.6% return over seven years.

While this may seem like great returns to some, there are other options available to you offering much higher yearly returns on your superannuation.

Your retirement fund is not something that should be taken lightly, and it is very important, especially after the year that has been in 2020, that you look into what options are available to you in order to grow your retirement fund as quickly as possible.

In 2014, the Australian Taxation Office (ATO) issued two taxation determinations clarifying that Bitcoin and cryptocurrencies like Bitcoin are not money but are capital gains tax (CGT) assets. This new development now legally allows for Self Managed Super Funds (SMSF) to invest and transact in cryptocurrencies.

To retire above the poverty line, financial advisors recommend you have at least $1.4 million in your superannuation account by the time you reach 65 years of age.

What did your superannuation investments achieve for you last year?

Diversify Your Portfolio into Digital Asset Mining to Receive a Fixed Income

NGS Crypto, Australias leading Digital Asset Mining specialists, is in the top performing investment strategies when it comes to your retirement fund.

By diversifying your portfolio you are taking full advantage of the NGS Crypto service available to all Australians.

Ensuring that your retirement fund is turning over the best possible returns, NGS Crypto offers a minimum of 10% ROI p.a. Putting NGS Crypto as one of the top performing retirement investment strategies in the country.

Get Exposure to Crypto/Digital Assets Without the Risk of Buying

Read full story on NgsCrypto

Disclaimer: The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.