In this episode of SMSF Insider, host Troy, founder of Blue Chip SMSF Services, dives into the importance of taking control of your superannuation early in life. He reflects on his own journey and explains how paying attention to your super at just 20 years old can potentially lead to significant wealth over time. Troy also breaks down the key differences between self-managed super funds (SMSFs) and traditional super funds, highlighting the strategic advantages of SMSFs—including tax efficiency and increased protection from creditors. With recent improvements in tax legislation adding further benefits, he emphasizes why long-term investing through an SMSF can be a powerful path to financial independence. Tune in to gain practical insights on how to maximise your super and navigate the complexities of managing your SMSF with confidence.Ready to finally take control of your take control of your retirement savings and stop leaving your future in someone else’s hands? Book your free call with our team today to find out more: https://www.bcsmsf.com.au/contact-us/Follow us:Instagram – https://www.instagram.com/bluechipsmsf/Website – https://www.bcsmsf.com.auPlease note: The information provided in this recording is for coaching and educational purposes only. It should not be considered personal financial advice. Everyone’s situation is different, so before acting on any of the content discussed, please seek independent financial advice tailored to your specific circumstances.Timestamps: 00:00:00 - 00:00:00: Introduction00:01:13 - Understanding SMSF vs. Traditional Super Funds00:03:03 - Tax Implications of Death Benefits in SMSF00:04:13 - Tax Strategies for Cryptocurrency Investments00:05:35 - Superannuation Scams and Protecting Your Fund00:07:48 - The Importance of Early Superannuation Management00:08:54 - Leveraging SMSF for Property Investment00:10:56 - Risks of Buying Property with SMSF00:11:16 - Recent Changes to Superannuation Tax Laws

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