Is setting up an SMSF worth it? Need a good financial planner in Melbourne

If you're not looking to buy property with leverage, I'd stick with normal super funds you can buy leveraged shares through your standard super.

If you're thinking about property, you should have at least $200k to make it worthwhile because of setup costs, ongoing yearly fees, and all the usual property purchase expenses, plus slightly higher loan interest rates.

Hope that helps with your questions for the advisor.
 
Hey there, just a friendly reminder to do your homework before jumping into using an SMSF for property, okay? ETFs are actually pretty great for solid long term returns, and having that liquidity is super important once you’re retired, since you’ll likely be drawing down from your savings after 60 or so. Oh, and you can even margin lend?with your super if you’re after some leverage, though it’s not quite as cheap as a property loan, just so you know!
 
I've got my financial advisor over at Willow Wealth Partners they're based in Brisbane and super easy to work with.

But honestly, it doesn’t really matter where they're located since it's all covered by federal law.
 
Back
Top