Episode Details

Craigs Dilemma: To Pension or Not?

Craig has $1 million in super and $20,000 annually from rentals. Hes considering switching from an accumulation account (15% tax on earnings) to a tax-free pension account with mandatory minimum withdrawals. AustralianSupers Balanced fund shows a 6.8% annual return difference, favoring the pension. However, pensions require minimum withdrawals, and market fluctuations impact balance growth.

Cathys Downsizer Contribution

Cathy and her husband are selling their house to fund super via downsizer rules. Cathys husband, who lived there but wasnt on title, can also contribute if both are over 55, owned the house for 10 years, and it was their main residence part-time for CGT breaks. They can each drop up to $300,000 into super within 90 days of sale.

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