Self Managed Superannuation

Self-Managed Superannuation Fund (SMSF) is a private superannuation fund that you manage yourself, rather than having a professional fund manager do it on your behalf. It is a popular retirement savings option for those who want greater control over their superannuation investments. With a SMSF, you have the flexibility to choose your own investments, including shares, property, and other asset classes. This can potentially provide you with greater returns on your investment and more control over your retirement savings. However, managing an SMSF can be complex and time-consuming, and it may not be suitable for everyone. It requires significant knowledge of superannuation regulations, investment strategies, and tax laws, as well as ongoing administration and record-keeping.

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Benefits of Using SMSF

  1. Greater control: You can tailor your investment strategy to suit your financial goals and risk tolerance. Including shares, property, term deposits and other asset classes.
  2. Tax benefits: SMSFs can offer tax benefits, including potential savings on capital gains tax, franking credits, and tax-deductible contributions.
  3. Cost-effectiveness: If you have a large amount of superannuation savings, an SMSF may be more cost-effective than other superannuation options.
  4. Estate planning: SMSFs provide flexibility and control over how your super benefits are distributed after your death, which is important for estate planning purposes.

Investment Options With SMSF

  1. Shares and stocks: Members can choose to invest in individual shares, exchange-traded funds (ETFs), or managed funds that invest in shares.
  2. Property: You can purchase and hold residential, commercial, and industrial property. Property investments can provide both rental income and potential capital gains.
  3. Term deposits and cash: SMSFs can hold term deposits and cash investments, which can provide a stable income stream and a low-risk investment option.
  4. Alternative investments: Some SMSFs invest in alternative assets, such as art, collectibles, or other assets not typically available through other superannuation funds.
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SMSF Experts Adelaide

Roe Financial offer professional advice on all things SMSF. Our goal is to ensure that SMSF is the right option for your financial situation and retirement goals. Our team of financial advisors can help you understand the benefits and risks of SMSFs, as well as assist you in setting up and managing your fund. They can also provide guidance on investment strategies, tax planning, and compliance requirements to help you achieve your retirement goals while minimising risks. It’s important to remember that SMSFs can be complex and require significant knowledge and expertise to manage effectively. It’s recommended that you seek professional advice before setting up an SMSF to ensure that it is the right option for your financial situation and retirement goals.

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