Auswild & Broad | Self Managed Super Funds (SMSF)

Self Managed Super Funds (SMSF)

Thinking about a Self Managed Super Fund?

With over 1.1 million Australians choosing to manage their own Self Managed Super Fund, it has become a popular option for those wanting more control over their retirement savings.

Did You Know?

• Around half of all SMSF trustees own or have owned a small business
• 9 out of 10 trustees believe managing and engaging with their own SMSF provides them with a level of satisfaction
• The median “operating expense” of SMSFs is $3,923 a year
• The majority of SMSF trustees spend between 1 to 5 hours a month administering their SMSF
• The most common age range for establishing an SMSF is between 35 and 44
• SMSFs can be cost effective at balances of $200,000 or more
• Over 50% of SMSF members have had their SMSF for over 10 years