If you're an Australian with a super fund, you're probably making one

of five mistakes that are silently costing you

millions. It's not just the rigged system, the high fees, or

the government's new tax grab. It's the simple errors that are

destroying your shot at generational wealth. I'm Matthew

Fraser, an eight-figure entrepreneur and seven-figure crypto investor,

and I've helped hundreds of Aussies to escape the system and

build wealth using their super. Now, today I'm exposing every

single one of those mistakes and showing you the one asset class

that makes them irrelevant. So let's break it down one

by one and see what it actually means for a normal 40-year-old couple

in a standard super fund with, say, $250,000 combined.

So the first thing is payday super. So

from July 1, your boss has to pay your super on the

same day as your wages, well, within seven days, instead

of what was happening, which was quarterly. Now, this is great if

you're an employee, but I can tell you as an employer, this

is an admin nightmare, especially for not

just myself, but other small businesses as well. Now, if you're

an employee, great. It means your money starts compounding

weeks earlier every pay cycle. Now, over the

next 20 years, that extra time adds up

to a few tens of thousands of dollars more in

your pocket. Now, I just ran the numbers, and if you had Bitcoin

in a SMSF and adding weekly compared to

quarterly, the compounding is significant. I'm

talking multiple six figures different. So the

second addition is high contribution caps. Now,

this is concessional caps that jump from $30,000 to $32,500 a year. from

$120,000 to $130,000. Now, if

you're salary sacrificing or chucking in after-tax money,

you've now got a bit more room each year. Now, for a middle-class

couple on combined $140,000 to $160,000 income, that's

an extra couple of grand that you can put away tax-advantaged. Helpful

if you're trying to catch up. Now, where might something like this be implemented by

the average Joe? Well, a couple of things. One is

you might get an inheritance. You might get maybe $200,000, $300,000 in inheritance.

This is an opportunity to add that into your superannuation. Or

perhaps you just win some money at the races. You don't go and splurge out

on a brand new supercar. You put that into your savings for

retirement and add that in as either concessional or non-concessional contributions.

The third addition is super on government paid

parental leave. So if you've still got your kids and one

of you is on parental leave, the government now pays super

on top. So it's a real win for families in their 40s. The

fourth addition is the transfer balance cap. Now,

traditionally, that was $2 million. It's now

indexed up to $2.1 million. So it

gives you now a little bit more room once you move from accumulation phase

into your tax-free pension phase. Now,

these are the positives rolling out July 1. Stuff

that didn't exist before, they give average couples a small boost.

But don't get carried away because Division

296 tax is still in play. So

at the same time they brought in these changes, Labor

still pushed through the new Division 296 tax. Extra 15% on earnings for balances

above $3 million, so it's now 30%, and an extra 25% for balances over $10 million,

which is now, wait for it, a

whopping 40% on

your retirement savings. Can you believe it? So

right now, it mostly hits the wealthy, but

with inflation and 20 years of growth, more and

more middle-class couples are going to get dragged into this

net. Now, I don't care what you say. it's

still a stealth tax on your retirement savings. I

would even go as far to say it's theft of

our retirement savings. So they threw out a few small

carrots, which, yeah, okay, it's good. But the system is

still set up to steal your wealth. And the more you

work, the better you save, the better you invest, the more chances

you take you're essentially penalized for not being a

burden on the public purse and funding your entire

retirement with no pension and no handout, no

nothing. It's a joke. Okay, so now I've had that little rant.

Let's talk about what the Association of Superannuation

Funds of Australia says right now that you have to

have for a what they consider a comfortable retirement.

And keep in mind, there's like three bans. It's basically a

poor retirement, a modest retirement, and a comfortable retirement.

So this is the top of what they record. And for

a single person, you have to have $630,000 in your

super, and for a couple, $730,000. Now, along

with that, you've also got to be a homeowner, so you own it

outright, but wait for it, you're still going to get

some part old age pension. This

is considered comfortable, right? Keep in mind, when I talk about $630,000 for a

single and $30,000 for a couple, I'm talking if

you retired today. So this is today's money. Now,

in 20 years' time, because of inflation, those numbers

are going to be a lot higher. And most analysts expect

you'll need $1.1 to $1.3 million

combined for a couple just to maintain the

same lifestyle. And you'll still need a part

pension. So let's define what does comfortable mean. What

does that actually mean for your retirement in practical terms? Well,

I can tell you, it means that you can run a car without

stressing about fuel. But of course, this is from the association's

website. They're not taking into account the cost of fuel today

in this era, which is now like over $3 a litre. So

you probably ignore that. You're going to have to have way more money in superannuation to

afford the cost of fuel now. Now, here's the clencher for

everybody. They don't even realize this. According to the association, you'll

get one overseas holiday every seven years.

And I always ask people this. How many overseas holidays

do you expect to have in retirement? Everybody

I speak to says at least one, two, three,

four, five overseas holidays a year. Let's even say

one or two. you can get one overseas holiday

once every seven years. That's what you're in for under this comfortable

lifestyle. So you'll also be able to have an occasional restaurant

meal, you'll get decent private health insurance, help the

kids with a house deposit or maybe a wedding. and

you can scrape by with your utility bills, or should I say fuel

bills. Now, that's the standard most middle-class

Aussies in their 40s are aiming for after decades of

grinding, right? It's not great. You'll get your buy,

right? Now, let's talk about what

does it look like then to be on the old age pension,

which is what, unfortunately, a lot of people are looking at. Now

this is, of course, if you fall short of stacking and

building a good retirement. So,

this is for people who have either no super or very low

super. Now when I say low super, probably under

$100,000 in retirement. So, a single, as a single person,

you get about $30,000 a year, and as a combined couple, $46,000 a

year. It's

woeful, right? So this is tight living at its

best. So Audi groceries every week. You have an old

car. You won't even be able to afford to get a mechanic to

service it. You'll have to service it yourself. You'll be staying in

Australia for holidays for sure, if you can even afford those. No

buffer for health insurance or health surprises or

helping out the kids. Forget about that. Many retirees in

their 70s and 80s end up restricted and stressed.

And this is just the default outcome for a lot of average couples

who just set and forget their standard

super fund, right? One, they probably don't even contribute to

it at all. or they may

even find themselves having to raid their super fund during

the course of their life for unforeseen circumstances. It's

unfortunate, but if you raid it now, it's going to

really impact your retirement and you're destined to

end up on the old age pension. Just quickly, you

know, one of the things I think about a lot is the paradox of being a

long-term Bitcoin holder. You have this incredible asset, but

when you need cash for real-world opportunity like a business investment,

a property deposit, the first thought is always, I have

to sell. And you just don't want to have to do that. You

don't want to trigger the tax event. You definitely don't want to

give up your position. Now, this is a problem our sponsor, Ledin,

solves rather brilliantly. They let you borrow against your

Bitcoin so you can get the fiat you need without selling your

stack. It's simple and it's a tool that I think every serious

holder should know about. So if you wanna learn more, check out the links

in the show notes. Let's get back to it. So before I get to the hope-ism,

let me highlight the biggest mistakes most people are making with

their super and SMSF accumulation that are

silently destroying their shot at generational wealth. Now,

most Aussies are sleepwalking into retirement, that's the first thing,

with way less than they need. And it's not just because the system

is rigged with inflation and government meddling. It's

because they're making these rookie and some not-so-rookie

errors that are costing them hundreds of thousands and sometimes

millions in loss compounding. Now, I see it

every single day in the crypto collective community. People are

stuck in the old way of thinking, while the smart ones

are taking control with an SMSF and stacking Bitcoin

for real asymmetric upside. Now, when I say stacking

Bitcoin, I don't mean necessarily moving all of their superannuation

over to Bitcoin within an SMSF. It could even meaning

moving some of their superannuation, $50,000, $70,000, $100,000 into

an SMSF and allocating to Bitcoin. At the very

least, the thing that I say to people is get out of your traditional

super funds where the government can now rate it for their own pet

projects. That's step number one. Once you've got it set up in an SMSF,

allocate some to Bitcoin, some to Tesla, some to gold, whatever

you choose, because that's the control you have within SMSF. So

here are the top mistakes killing your super right now.

Number one, staying stuck in a crap default

fund or low growth, my super option. You're

letting your employees balance fund with a sky

high fees and mediocre returns bleed you dry. So

an extra 0.5 or 1% in fees every year, that

can slash your final balance by 20 to 40% or

more. So, young people especially, why

the hell are you being conservative when you've got decades of

compounding on your side? It's time to wake up

and switch to something that actually performs. Ideally, you

need something that will compound above currency debasement and

inflation, also known as the hurdle rate, which

is about 14%. And unfortunately, Your standard

supers ain't cutting it. You're going backwards. Second mistake,

running multiple scattered super accounts. It turns

out that millions of Australians have duplicate accounts quietly draining

fees, insurance premiums, and admin costs. It's

like paying rent on three houses you don't even live in. Now,

the fix for this is simple, right? It's consolidate into one

performing vehicle today. Simple move, but

massive long-term savings because you're not going to have all those

extra fees draining your account. Okay, third, not making

extra voluntary contributions. Just writing the

12% super guarantee, you're leaving a fortune on

the table, right? That 12% is simply coming from your

employer into your superannuation. But there's more

you can do. So salary sacrifice, spouse

contributions, government co-contributions, the

tax advantages are insane. So even a few

hundred bucks a month starting now can explode into

millions thanks to compounding. So most people wait too

long though and wonder why they're broke at 67. I

see this all the time. People come in at about 40 or

50 and look, I get it. I didn't really wake up to my super until

I was in my 40s. When I speak to people who are in their 20s or 30s,

they're not thinking about it at all. But that honestly is the time

to make the sacrifices to build your wealth

into the future because those small contributions early make a significant

difference. Don't be like a lot of people I see who are in

their 50s, or I hate to say, even in their 60s, that

all of a sudden wake up and think, wow, I need to do something about my super.

But they've only got a very, very short timeline until

they want to retire to make those changes. So they find

they have to maybe force themselves into taking more

high risks into things that probably may or may not turn

out. My pro tip for you guys who want

to get your super topped up as much as possible is

to max out the concessional at least and

then move into the non-concessional caps early. Now, the

concessional ones are going to be simple, because you can put in at the moment up

to $30,000, which will go to $32,500 per year in extra payments, and you can salary sacrifice it. On

top of that, if you can possibly do it, would be the non-concessional cap.

So up to $120,000 to $130,000 that you can

put in extra. Again, this would only be really if you

sold a boat you didn't need, an inheritance, you won some money

at the races. So this is one of the easiest hacks to

retire faster. Now, this is one of the easiest hacks

to retire faster. Now, when I say faster, I

don't mean you can access your super before 60. What I'm

talking about is retire faster, meaning not

retiring at 70 or 80. Because unfortunately, some

people are in that boat. You think at the moment as a young person, I'm

just going to retire at 60 because that's when I can access my super. But

then you don't realize until you get there that you may not have enough. So

you've got to keep working until you're 70 or 80 to build

up enough of a nest egg unless you

simply want to retire at 67 and go

on the pension. So this is one of the easiest hacks to

retire faster. Now, when I say faster, I don't

mean retire at 55 because you can access

your super, because you can't access that now until 60. What

I'm saying is you can retire faster than having to

retire at 70 or 80. The sad truth

is that even though you might turn 60, you might not have enough

in super, so you can't just retire. And guess what else? You

can't get the old age pension until you turn 67. So

look, if you're happy just to simply work until

you're 67, not put any extra money aside, not have

to take any risk, not have to build an SMSF portfolio, because

you're going to sit down and relax at 67 on the old age pension, Great,

you just do that. But I'm talking to the people who absolutely

do not want to do that. They want to retire as soon

as possible with at least a very, very

good amount of super to last them right the way through another

20 or 30 years in retirement, which means they want to retire at 60. so

they're gonna have to take action now. The next issue I see is panicking

and switching investments at the wrong time, or

being way too conservative. So selling after

a market dip locks in losses forever. That

is the worst time to sell, okay? Never do that. Parking

everything in cash or ultra safe options during your accumulation

years, you're robbing your future self blind. Timing the

market almost never works. There's an old saying, it's

time in the market, not timing the market.

Now, people often say to me, Matt, why wouldn't

I just buy at the bottom of the market and sell at the

top of the market? If you knew the exact dates of

when that happens, go for it. But I hate to say it, most

people have no idea when the tops and bottoms are, and it's

extremely difficult to pull off. That's why it's

time in the market, not trying to time the

market ups and downs. So what I would say is set

a proper diversified or in

my case, just Bitcoin age appropriate strategy and

stick to it like glue. Rebalance when you need and

don't react emotionally to the ups and downs, or

commonly known as the drawdowns, or sometimes it's even known as

the crashes. Now, if you're smart enough and

there is a crash like we've seen with the GSC or COVID,

or maybe we'll even see one into the future, When

there is a crash and you do have some dry powder that

you could put into your super as concessional or

non-concessional contributions, that's the time. Think

about it. When there's blood in the streets, that's when you want to

move chunks of money in to buy assets when

they're low because the compounding, when it rebounds and

you sit in it for another 20 odd years, it's going to pay off. Hey

guys, real quick, if you're ready to take your crypto investments to the

next level, check out Imperial Wealth. They'll show

you their entire portfolio, share tips from their most successful

moves, and their 35-person team

watches the market 24-7 and recently tipped

a coin that 5x'd in just 4 days. Click

the link in the show notes to learn more. Now back to the episode. So

the next issue is setting up or running an SMSF without the

proper planning. Now this can be especially a problem with

a low balance, right? It doesn't have the flexibility or

give that you might have if you've got a much higher balance. So

SMSFs give you the ultimate control, hence you

can have Bitcoin in your SMSF. But most people,

they stuff it up and pay the price, starting with under $300,000 to

$500,000. Sometimes the fixed admin and the audit

and the compliance cost could eat you alive if

you stick to your traditional asset classes that

are only delivering 7%, 8% if best, right? Because These

types of returns are simply not going to cut it.

Now this kind of thinking is true. Yeah, getting low

returns and then having the admin costs drain

away those returns. But that's because you're

not allocated to an asset that's performing above the hurdle

rate, right? But since you can now allocate to Bitcoin, which

has achieved significant compounding annual growth rate, think

like 70% in the last decade alone, the

fees become completely irrelevant because you've now got an

asset that's compounding so much greater it

doesn't matter anymore. You would not want to bring over all your existing super

into an SMSF for the pure point of allocating to

the exact same assets that you could have allocated to under

your standard superannuation. It would be completely pointless.

So if you're going to bring it over to an SMSF, obviously brilliant, but now

allocate funds to the better performing assets.

Obviously, Bitcoin is going to be one of them. Now, the other issue is breaching

the sole purpose test in-house asset rules,

mixing personal and fund assets, that's a big no-no, or

having a sloppy investment strategy. The ATO penalties

can absolutely wreck you. Now one

of the, let me just talk specifically about some of these issues,

because once you roll over your superannuation into

an SMSF, it literally goes into a bank account.

Now it's labeled self-managed super fund, but you now

have direct access to it. And what happens is, especially

during financial difficulties, someone might think, you

know what, I've got $300,000 sitting in that account, I

really need to pay off that credit card, it's only $10,000, I'll

just transfer some money out and I'll top up my SMSF bank

account another day in the future. Big,

big no-no, and that's where those penalties can come in. So

to fix these types of issues I just mentioned, only go

SMSF if you've got the conviction, the time, and

the willingness to stay compliant, okay? Or

what I would say, employ professionals to look

after it, which is exactly what I do. Do you think I waste time every single

year worrying about the compliance and the time?

No, I leave that all over to professionals to

manage the portfolio admin. I personally though,

receive the money, send it to the exchange, and buy

Bitcoin, that's under my control, and then I move it into self custody. But

as far as the reporting and the tax return and the audits, that's

just done with professionals, right? So don't think that

when you set up an SMS theft that you're really going to have to do a

lot of work. It's really not. Especially if you're self-employed, this is

a walk in the park. Now, Get your investment strategy

locked in and reviewed every year. Now done right,

it's the gateway to generational wealth. So let me talk about other costly

traps I see all the time. One, ignoring

cheap insurance inside your super. Second,

never seeking proper advice early. Three,

losing track of contribution caps. And four, mixing

personal and SMSF funds, as I just mentioned before. Now,

here's where it gets real. Take the same average 40-year-old

couple with 250 grand combined in their standard super today,

add a typical 7% to 8% annual return over the

next 20 years, you might end up with roughly 1.1 to

1.5 million by retirement age. Sounds good

now, but it's going to be an average retirement in

20 years. Now, here's the hopium, right? What if

you start strategically allocating to Bitcoin inside

your SMSF or even outside that personally? and

achieve 30% compound annual growth

rate over the next 20 years. Now when I say 30% compound

annual growth rate, which is also known as CAGR, I'm

not saying every single year it's gonna be 30%. Some

years it might be 300%, some years it might be up 500%, but other years it might

be down 50%. Okay,

the 30% is the average. Now, that

$250,000 alone grows to more than $47 million.

Now, if you don't believe me, go and get your own compound

interest calculator. You can download it from the App Store and

punch in your own numbers, okay? 47 million

is what it works out to be. And this is the power I keep raving on about, about

compound growth. Now, even a modest portion

of your contributions redirected into Bitcoin turns

average retirement savings into proper wealth, the kind that

lets you actually enjoy your life, help your family, and

never worry about money again. Let's just say you're not even happy

to put in 250. It's too risky, you might say. Totally fine. You

don't even have to do that. Let's just say you put in $50,000 of

your super into an SMSF and allocate it

to Bitcoin. Over 20 years with no further

contributions. it could grow to $10 million.

So while the traditional super will get you to a

place of being poor in retirement, Bitcoin is

the hard asset that can beat the system. All right, here's

the bottom line. The retirement gap in Australia is widening

fast, and most people are heading toward retirement with far

less than they need. The old set and forget approach

is completely dead. Take control, fix

my mentioned mistakes, take advantage of the

new contribution rules as of July 1, and start

stacking real assets, especially Bitcoin, inside

a properly structured SMSF while you still can. Now,

if you want the exact step-by-step blueprint on SMSF Bitcoin

strategies, contribution hacks, and how to retire

at 50 instead of, say, 67, and

that would involve building a stack of Bitcoin outside your

SMSF because you can't still access that till 60, come

and join the Crypto Collective for free, right? It's Australia's fastest

growing community exactly for this type of stuff. Now,

This is not financial advice, or

investment, or tax, or legal advice. I'm not a licensed advisor.

Super, SMSF, and Bitcoin strategies carry

serious risks. Always consult a qualified accountant, SMSF

specialist, and financial advisor who knows your personal situation

before making any moves. Because the rules change fast, and

mistakes can be expensive. All right, guys, thanks so much for joining me.

Drop a comment. Would you stack Bitcoin in your SMSF

to beat the hurdle rate? And if you're not

stacking Bitcoin in your SMSF, what are

you investing in to beat the hurdle rate, which is 14%? Let me