The Profit Generator Show with Nathan Rigney
Welcome to The Profit Generator Show Podcast, where we cut through the bullsh*t of traditional accounting and show you how to maximize your profits using the Profit First method. Hosted by Nathan Rigney – accountant, business advisor, and Profit First expert – this is your no-nonsense guide to running a business that’s lean, profitable, and built to thrive. We actually give a damn about your success.
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The Profit Generator Show with Nathan Rigney
Ep 21: Self Managed Super: A Smart Move or a Massive Mistake?
Thinking of Starting a Self-Managed Super Fund? WATCH THIS FIRST!
In this episode, I explain exactly what you need to know before setting up a Self-Managed Super Fund (SMSF).
- Who should consider an SMSF
- Why ASIC recommends at least $200K to start
- The real costs no one talks about
- The compliance traps that could cost you big
- What happens if you get it wrong
I’m seeing a massive surge in people asking about SMSFs, but many don’t fully understand what they’re getting into. In this video, I cut through the noise and give you the reality check you need to make an informed decision.
⚠ Warning: Setting up an SMSF isn’t always the smart move. For some, it’s fantastic. For others, it’s a ticking time bomb.
If you’re considering a Self-Managed Super, watch this first and save yourself a very expensive mistake.
This video provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.
Need advice or help? Read our full blog here!
#SMSF #SelfManagedSuperFund #AustralianSuper #BusinessAdvice #ProfitGenerator #NGRAccounting #Superannuation #FinancialFreedom