Brisbane Times ·general ·2 hours ago

Couple considers selling $710,000 home to boost retirement savings and keep pension

A 71-year-old couple with no superannuation and $12,000 savings are considering selling their $710,000 home. They can retain full age pension eligibility as non-homeowners with up to $1.34 million in assessable assets, whether they downsize to a $550,000 apartment or keep investment proceeds liquid. Financial advice is recommended before deciding.

Summary by Glance · Brisbane Times

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