Martina
Sun Aug 18 2024
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5 answers
1178
Can I start a SMSF with $100,000?
Hello there, I'm curious about starting an SMSF with a $100,000 initial investment. I've heard that SMSFs, or Self-Managed Super Funds, can be a great way to take control of your retirement savings, but I'm not sure if the $100,000 I have is enough to get started. Do you think this amount is sufficient to establish an SMSF, or do I need to save more before I can take the plunge? I'd appreciate any insights you might have on this matter.
