Sinclair Wilson    |    Self-Managed Super Funds   -   It's also important to consider...

There are other aspects of establishing a self-managed super fund that you should consider before proceeding.

Speak to Sinclair Wilson about the following

1. Do you want to be responsible for managing your own superannuation fund?

2. Is it cost effective for you to manage your own fund? You need either approximately $150,000 to justify the commencement of your own Fund; the intention to make large contributions within the next couple of years, or have your superannuation in investments not available via other superannuation vehicles. For amounts over $150,000, a Self Managed Superannuation Fund is often far cheaper than other superannuation funds.

3. Retirement Planning:

• How do your superannuation plans fit into your overall financial plan?
• How much do you need to save so as to maintain your current standard of living?
• What are the options for you at retirement?
• Do you want a lump sum or pension or a combination of both?
• Do you have the most tax-effective retirement structure?