For most Australians approaching retirement, the family home is their biggest asset. The problem has always been that it's also the hardest one to access. But there's a strategy that changes that — and a surprising number of people over 55 have no idea it exists.

In this episode of Freedonomix, Cameron sits down with Andrew Brown - Independent Financial Adviser at IWP who walks us through the downsizer contribution — a rule that allows Australians aged 55 and over to contribute up to $300,000 each (that's $600,000 for a couple) directly into superannuation from the sale of a qualifying property. Crucially, it sits completely outside the normal contribution caps, so it doesn't eat into what you can contribute through other means.

But this isn't just a simple form you fill in at settlement. Andrew unpacks the details that actually matter — the 90-day window to act, the 10-year ownership requirement, how it can be layered with other contribution strategies, the re-contribution opportunities that could reduce the tax hit on your super for the people you leave it to, and how it might even be used to optimise an Age Pension outcome.

If you're thinking about downsizing, selling an investment property that was once your home, or simply looking for ways to get more into super before you retire — this episode is worth your time.

The rules are technical and the timing is critical. This is exactly the kind of strategy that's easy to miss and hard to undo. For a link to the written article click below.

Selling your home after 55? How downsizer contributions can supercharge your retirement! - Independent Wealth Partners

(Independent Wealth Partners Pty Ltd (ASIC # 1286417 ABN 66 647 667 249) is an independent professional financial advice practice which operates under the Australian Financial Services Licence (Independent Wealth Services AFSL # 512433).

This podcast is general advice only and it does not take into account any person's individual objectives, financial situation or needs.

IMPORTANT: The projections or other information generated regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.