Ben Nash’s Post

A little too broad an argument.... Like most things, SMSF's have been exploited and profiteered by those pushing people into this space for their own benefit. In many cases, a SMSF isn't the best option.... in many others, its absolutely the right one.... so many factors to consider, yet many people are taking direction from the wrong people and therein lies the problem I think you're trying to convey here. I do agree with you with the best part, however..... and I think the SMSF space has been abused.

You start with “you don’t need a SMSF and most people who have one are being taken for a ride”. This is a very broad statement, and clearly a clickbait ploy. I’m guessing you are privy to how most of the 1.2m SMSF members mange their funds in order to make this claim? You then go on to say that owing property personally outside of super is superior to in super. I don’t necessarily diageee with this, but again, a very broad statement. What about those that their own business premises in their SMSF? Same conclusion? Ripped off? And how many SMSFs own direct property? I believe it is only 15%. But clearly, the other 85% that do not own a property in their SMSF are also being ripped off. This anti SMSF stuff is nonsense. In my experience, the very vast majority of people I come across that have an SMSF it is a perfectly suitable vehicle for their retirement savings. They are most certainly not being ripped off.

“Property is my super”

Building positive cashflow property inside an SMSF, build more property and take advantage of the half tax rates. Income & capital growth!

Coming out with a bang on this one Ben. Selling a property and not paying tax is a major benefit. I would think it all really depends on individual client goals.

Great insight, Ben! Your expertise always makes navigating complex financial topics feel approachable. It's clear you genuinely want to empower people to make better choices. Conversations like this really help drive smarter decisions.

We all have opinions and that’s just fine. 😊 Leveraging working it’s magic outside is going to work its magic inside super as well. Yes, higher interest rates and yes, you’ll need to make sure you can diversify inside SMSF as well if property is involved. But if these are long term investments, we have to take into account the massive tax savings as well. Definitely a case by case basis, and there will be appropriateness for both. So we run the scenarios through calculators to check 👍

🎣🎣🎣

My opinion has and will always be: SMSFS have absolutely been oversold by accountants and advisers to mum and dad who don't need them, across the 2000-2010s. BUT, there is absolutely a case for them! SMSF can be a great option to explore of brining in commercial property into your investment strategy is something that appeals to you. As a rule of them though, for the common person, I would argue that too many are oversold. I see the merit in the claim, but of course, they do suit a smaller cohort of Australians :)