FFS think longer term, not what can you do Tuesday.
The cap does not exist UNTIL ,you start a Super Pension. Then you have an account based pension balance that can have UP to $1.7M in it. Any amount over that stays in accumulation mode and is subject to the tax situation of Super. The earnings in your account based pension account however no longer pay tax.
Also, depending on how you set your balance capped pension fund, that can continue to grow above the $1.7M. if you load it with shares and those shares appreciate well, you don't have to sell any just because you've exceeded the balance cap.
The proposal being put to the government by a number of organisations all say if you have over X amount you will have to take it out
A 30 year old with 2 houses in say Sydney or Melbourne in an SMSF now could very well have more houses and sufficient equity in time to exceed a max cap if/when imposed. I say when because it costs the government billions in lost revenue and any government introducing such a Cap won't lose power as the numbers affected now are low. The numbers will grow though over time. There are now a lot more with $2M than there were In time there numbers will grow, so to higher balances as those with $2M or more grow their balances.
