Good info Hittman, my earlier comment of " essentially impossible to get anywhere near $5M nowadays" was more towards the "good old days" of the very large contributions that would be made as people approached retirement. All somewhat finished now in light of the contribution caps and applied tax on excess amounts (the house downsizer one may be the only one left that is outside the contribution cap? not sure).
Hittman, you are correct about the ability to increase the value of a fund by careful investment selection - either strategically over time or "put it on red". Not sure I see benefit in trying to stop that "balance increase" and I think a few more years is required to let the dust settle about the recent contribution rule changes to get a better picture of what is happening - and to ensure that the "flock is not panicked" by more super changes.
Often my general thoughts to money is that Australia retains more benefit of money that is in Australia, than money that is in the Caymans.
