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Downsize to upsize your Second Act

Downsizing can make room for what’s next. Less upkeep, more time for what matters and potentially more super for your Second Act.
Watch the clip How downsizing works
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Before the boxes come out

Could some of the sale money go into super?
If you’re 55 or over, you may be able to put up to $300,000 from the sale of your home into super – or up to $600,000 as a couple – without it counting towards the usual contribution caps.[S5] 
How downsizing works
See what it could mean for your Age Pension
Selling your home can change the assets used to assess your Age Pension eligibility. Get a clearer idea of what that might mean for you with our Age Pension calculator.
Estimate your Age Pension
Thinking smaller? Think bigger picture
Before you swap your current home for something new, watch this short video. It covers some of the lifestyle and financial questions worth asking.
Watch downsize and thrive

The ups and downs of downsizing

A smaller home could open the door to bigger possibilities. Watch the video for a few pearls of wisdom to help you weigh up your next move. 

See what a move could mean for your Second Act

Here’s what to weigh up:

More of the good stuff. Less upkeep, a new neighbourhood, more freedom or extra money to enjoy in retirement.

Less room to move. You might be saying goodbye to a different space, familiarity or being just around the corner from family and friends.

A family plot twist. Adult kids moving home, helping family out or thinking about what you’d like to leave behind can all shape your decision.

A different financial picture. Downsizing could affect your super, retirement income and Age Pension entitlement.

Dig deeper into downsizing
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Need help? Not a worry
Get in touch with our experts. Our team can help you understand your options, so you can make the most of your Second Act.
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[S5] Before making a downsizer contribution, check the eligibility criteria, limits and conditions.