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Discover Extra Superannuation Benefits When Selling Your Home!

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Roger Perrett

Executive Financial Advisor

A huge benefit of superannuation is receiving tax free (0%) income as well as having no (0%) capital gains tax, when you meet the eligibility criteria.

So in the world of retirement planning, the prospect of adding a substantial amount to your superannuation fund is an exciting opportunity that many homeowners may not be aware of. Individuals to contribute an additional $300,000 into their superannuation when selling their home. This unique opportunity presents a golden chance to invest extra bolster your retirement savings as well as maximise these tax advantages.

Understanding the Downsizer Contribution:

Known as the Downsizer Contribution, this initiative is designed to empower individuals aged 55 and older to make a significant contribution to their superannuation when selling their primary residence. The key criterion is that the property must have been owned for a minimum of ten years, making it a beneficial option for long-term homeowners looking to optimize their retirement nest egg.

How Does It Work?

Upon the sale of your home, you can contribute up to $300,000 (or $600,000 for a couple) per person into your superannuation fund. Unlike traditional contributions, the Downsizer Contribution is exempt from the usual age and work test requirements, providing added flexibility for retirees.

Key Benefits:

1. **Boosting Retirement Savings:** The Downsizer Contribution offers a unique chance to inject a substantial sum into your superannuation, potentially paving the way for a more comfortable and financially secure retirement.

2. **Tax Advantages:** While the contribution itself is not tax-deductible, the funds within your superannuation are subject to concessional tax rates, allowing you to potentially benefit from tax savings in the long run. Again, there is no tax when you meet some criteria.

3. **Flexibility in Retirement Planning:** By taking advantage of this opportunity, you gain more control over your retirement finances, giving you the flexibility to structure your superannuation in a way that aligns with your lifestyle goals and aspirations.

4. **Downsizing Without Compromise:** The Downsizer Contribution encourages downsizing without compromising financial security. Individuals can make strategic choices about their living arrangements while simultaneously investing in their future.

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While the Downsizer Contribution provides a unique chance to bolster your superannuation, it’s crucial to consider various factors before making decisions. Consulting with a financial advisor or tax professional is recommended to ensure that this option aligns with your overall financial strategy.


The opportunity to contribute an additional $300,000 to your superannuation through the sale of your home is a game-changer for those looking to enhance their retirement savings. By understanding the Downsizer Contribution and its benefits, individuals can make informed decisions that align with their long-term financial goals. Seizing this opportunity may well be the key to unlocking a more financially secure and comfortable retirement.


This information is general advice. We have not considered your objectives, personal or financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision. You should obtain and consider the relevant Product Disclosure Statement and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.

Past performance is not an indication of future performance.

This presentation has been prepared and presented by Roger Perrett, Freshwater Wealth Management Pty Ltd CAR no.1307016, Alliance Wealth Pty Ltd AFSL No.449221. This information cannot be used or copied in whole or part without our express written consent.

While every effort has been made to ensure the accuracy of the information, it is not guaranteed. It is based on our understanding of regulations and laws as at the publication date. As these are subject to change you should talk to a professional adviser for the most up-to-date information.

To the maximum extent permitted by law, no person including Alliance Wealth Pty Ltd nor its related entities, employees or representatives accepts responsibility for any loss suffered by any person arising from reliance on this information.

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