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I’ve retired with $300k in the bank. Should I leave it there, or invest?

Paul Benson Money contributor November 9, 2025 — 5.01am

I retired last month with $500,000 in super and $300,000 in the bank. I am using the super pension for income and leaving the cash in the bank. Is that the best option, or should I let the super pension accumulate? I am worried about a sharemarket crash and the super lessening in value.

It’s fair enough to be worried about volatility and sharemarket crashes when you’ve just retired. That is the point at which you are most exposed to adverse market outcomes, as your savings are probably at their peak, and you need the money to last 30 years or more.

I think, however, that there is a way you can have your

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