If you are 55 or older, you can move up to $300,000 from the sale of your long-held home into super — $600,000 for a couple — completely outside the normal contribution caps. Here is who qualifies, the 90-day deadline that trips people up, and what it does to your age pension.
Selling the family home turns an asset Centrelink ignores into money it counts, and that scares a lot of people out of a move that would suit them better. Here's how the assets test, the 24-month exemption and the downsizer contribution actually work.
Downsizing can free up real money for retirement, but the gain is rarely the difference between the two house prices. Here's how to work out what you'd actually be left with, and what it would mean for your pension, before you call an agent.
From the archive: Noel Whittaker on why a good retirement depends on housing, health and friendships as well as super. His practical thinking for anyone planning the next stage of life.
