Downsizer Contributions

August 23, 2024

2023 Class Benchmark Report data feature

Thanks to the AFR for featuring 2023 Class Benchmark Report data on downsizer contributions to anchor this great article on the ideal age to downsize. The Class data shows that few 55-60-year-olds make downsizer contributions to their super, accounting for just 2 per cent of the downsizer contributions made in the 2022-23 financial year, while 54 per cent of top-ups were made by people over 70.

Looking forward to the latest insights from 2024 Class Benchmark Report to be released in September.

Why this is the ideal age to downsize