No, from my understanding it is just to set up an ordinary SMSF for us as individuals. I am retired but my wife still works full time and he advised maximising the current contributions which apparently she can sacrifice and it will not make any difference to the net salary. We own our own home but do not have a huge Super Balance so what Cash we have we have boosted it up in that regards, kind of worked backwards as my dad always told me pay your house of first which seems to be contrary to financial advice now but I suppose we can never get kicked out of our home. LOL.
