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
299 Pain from losing money is twice as strong compared to the joy felt from gaining money
298 Be wary of living out of your home loan
297 When to take advice
296 Warren Buffett says you can just own three companies
295 The green and red numbers
294 High water marks are dangerous
293 Building the Lego Titanic
292 33 Years of retirement
291 You’re not going to be dead by 80
290 Why diversify
289 Should I have bought $160 pyjamas?
288 Rationality under uncertainty
287 How cash in the bank can change behaviour
286 All the interesting discussions are about trade-offs
285 You can’t get money if you secretly despise it
284 Stop neglecting yourself!
283 Do you have any idea how long shares have been around for?
282 Why companies share prices keep growing
281 The Simple Things
280 The first year of retirement is always the most volatile
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