“If you have $40,000 worth of, of super, that's probably not a great, um, a great balance to work with because unless you're getting 50% in some magic investment, the ongoing costs sort of don't really work.”

Ruby Hurt · Geared for Growth Property Investing Podcast · Ep. 357: How Australians Are Using SMSFs to Build Wealth, with Ruby He

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What was described

states that a $40,000 super balance is likely not viable for an SMSF due to ongoing costs

$40,000

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“I'm changing my branding to SMSF broker or some accounting with like SMSF administration.”
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Frank Patilano
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Hard number $350,000 paid to IRS, $40,000 additional owed, $80,000 swing in refund Share this moment

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