In an article for the website SMSF Advisor, Miranda Brownlee talks about the attraction SMSF has begun to have for the young trustees. Individuals between the ages of 35 and 44 are responding well to the SMSF sector, and this typically bodes well for a country that has seen people shelving retirement plans for distant future.
Detractors, however, feel that youth may not be the best time to set up SMSFs as these are days of typically low account balances; which are better placed if put in other markets.
You can read the original article here.
