3bor You can set up a super fund for around $500. Plus a annual...

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    3bor
    You can set up a super fund for around $500. Plus a annual fee of I think $150, not sure. It was $50 but I think it has changed.

    Plus you have to pay a accountant to do you super funds annual return.

    You need to act as the trustee as this saves a lot of cost.

    You definitely don't need $100K.

    You can limit your cost to max $1500 easily.

    The benefit of having your own super fund has little to do with the costs. the real benefit is that you can greatly increase the returns

    I have my own self managed super fund
 
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