Downsizing Your Home
Seniors Downsizing home for retirement
Many suggest downsizing along with the government’s downsizer contribution as the optimal solution for retirement. A smaller, more manageable home. A transaction that frees up cash for retirement. Family homes available for the next generations. This is a proposition supported by the federal government, in words as well as actions. Its downsizer contribution encourages retired Australians to sell up and contribute some of the proceeds to super, thus building the nestegg from which pension income is drawn. The question is, however: is downsizing a ‘one size fits all’ solution?Downsizing Contribution, Rules plus More
This guide answers some important questions about downsizing and the downsizer contribution;- What is downsizing, upsizing and rightsizing?
- Why are seniors downsizing?
- What is the downsizer contribution?
- Downsizing pros and cons
- Costs to downsize
- Pension downsizing rules
- Downsizing alternatives to increase retirement income
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Download the Downsizing Guide
If you’re looking forward to a long, comfortable retirement and want to spend it living in your own home, this guide is for you. It’s particularly valuable if:- You’re aged 60 plus
- You have equity savings in your home
- Your retirement savings are insufficient to fund 20 plus years of retirement.
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