Couple retains part pension after selling $710,000 home, advisers confirm

A couple aged 71 with no superannuation and $710,000 in home equity asked whether selling would affect their age pension eligibility. Financial advisers said they could retain a part pension under either option—downsizing to a $550,000 apartment or keeping proceeds invested—since non-homeowner asset limits reach $1.34 million.

Summary by Glance · SMH