Monthly Musings

In this edition we will:

• provide our update on the markets for September,
• re-visit an episode of our short video series “3 Minute Tech” that focuses on “Estate Planning – Wills and Testamentary Trusts“,
• deliver a new paper in Focal Point looking at “Downsizer Contributions”,
• showcase an excellent video insight into one of our team, Private Wealth Adviser, Phil George, and
• suggest another book that might be worth a read.

Downsizer Contribution

In 2018 the government introduced the ‘Downsizer Contribution’ which enables home owners aged 65 and above to contribute $300,000 to superannuation following the sale of their home. The purpose of this was to increase specific housing supply whilst providing those who meet the eligibility requirements the potential to increase their retirement savings within the superannuation environment.