In a gist, you can accumulate wealth for retirement through your SMSF. This is possible by:
Investing in properties, shares, cash, managed funds, or term deposits
Receiving contributions from your employer
Combining super fund balances
Paying life insurance, income protection insurance, or trauma insurance from your SMSF
Setting up payment for your pension
Allotting lump sum money you can withdraw upon retirement and use where needed
Having tax-free earnings from your SMSF