Alice, a regular listener, asks a question about what would happen if her and her partner were to sell their primary place of residence (PPR) and use the downsizer contribution to add $300,000 super.
In this episode, Michael and Ali discuss Alice's question, and downsizer contributions. They discuss what a downsizer contribution is, its eligibility requirements, some advantages (such as boosting your super without affecting your contribution limits!), and other important things to know about making downsizer contributions.
For more information, please visit www.mo50.com.au
339 When can you access your super? - AUDIO FIXED
338 You can't have everything! Be realistic with your goals - AUDIO FIXED
337 Get more money into Australia's best tax shelter – contribution cap increases
336 How to choose a financial adviser that is right for you
335 The Silent Killer - The effects of inflation and purchasing power
333 Are there ways to pay 0% tax besides an account-based pension?
332 Your $3.8 million tax-free trust
331 We're Back! Concessionals & Carry-forwards
330 4 ideas on what to do when you don’t have enough to retire on
329 Starting a financial plan will include pain
328 ”I’m a pensioner now” - Beware the power of self-identity
327 3 Changes to superannuation from 1 July 2023
326 Say your fears out loud to take their power away
325 You don’t need to go to the other side of the world to enjoy retirement
324 Listener Favourite: Knowing you don’t need to work makes work better
323 Listener Favourite: You can compare things but you can’t compare experiences
322 Listener Favourite: Why my kids won’t get an inheritance
321 Listener Favourite: A moral guide to minimising taxes
320 Listener Favourite: When to take advice
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