SMSF vs retail/industry fund cost
Industry debate puts SMSF break-even between $200k and $500k. The real answer depends on which SMSF provider you pick — this calc shows your actual break-even.
Built on 2025-26 ATO rates · Last reviewed April 2026
Your super balance
Current fund (retail/industry)
SMSF provider
Capped annual fee, includes trustee services
Projection
Retail/industry annual cost
$2,205
SMSF annual cost
$1,315
Break-even balance
$145,294
Where retail cost = SMSF cost
SMSF is $890/yr cheaper at your balance
$35,313
Compounded saving over 20 years at 6.7%.
Cost isn't everything. SMSFs bring trustee responsibilities, audit obligations, personal liability, and time. The ATO can disqualify trustees for breaches. Most people shouldn't open one just to save a few hundred dollars — it makes sense when you want genuine investment control (direct shares, property, collectibles).
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Where these numbers come from
Keep reading
SMSF setup & running guide →General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser.