Offering increased flexibility and control, a Self-Managed Super Fund (SMSF) can be a great option. However, it’s definitely not something you should just do because everyone else is doing it.
SMSFs offer both pros and cons – which our team are happy to talk you through.
This is something we’ll look at with you, but to get your started, here’s a few things to consider:
Are you ready for the extra responsibility that comes with a SMSF? Do you have the budget to set it up? How much control are you looking for? Can you potentially achieve the benefits you’re looking for, outside of a SMSF?
There’s lots of questions to ask yourself and it’s important to be honest. This is your superannuation we’re talking about and it’s not to be taken lightly.
Want to learn more about Self-Managed Super Funds?