Last time I looked a millionaire was someone with $1m or more not $100m or more. There are thousands of the former in super and the first $1.6m is tax free (but can easily be tax negative if there are Australian shares in the mix). The balance is heavily tax concessional at max 15%.

These are the simple facts Rollover. CPA's "facts" are aimed at the "no story here" approach to what is a rort for us better off and a rip off for the poorer Aussies