Understanding how inherited superannuation, property and investments are treated — and the decisions that follow By Sunny Singh, Financial Adviser, Radiance Wealth Reading time: ~10
In more than twenty years of financial advice, I have watched the superannuation rules change many times. Some changes have been modest adjustments. Others have required genuine planning responses. The Division 296 tax — the so-called “$3 million super cap” — sits firmly in the second category.
Of all the strategies available to Australians in the final years before retirement, the Transition to Retirement income stream is probably the most underused. Not because it is complicated — it is not, once someone explains it clearly — but because most people have simply never heard of it.
Published May 2026 Please note: many of these measures are proposals only and may change before becoming law (unless stated otherwise). This article is general
In Melbourne especially, property feels almost cultural. Families have built genuine wealth through it over decades. The idea of prioritising super contributions over an investment property can feel counterintuitive — even a little foreign — to people who have watched their parents’ homes appreciate tenfold.
In more than two decades of providing financial advice, I have noticed a pattern. The five years before retirement are the most consequential of your financial life. This is the window in which the right moves can dramatically improve your outcome — and in which the wrong ones are the hardest to recover from. There is simply less time to course-correct.
If you have searched for the answer online, you have probably found a dozen different numbers — and walked away more confused than when you started. That is because there is no single magic number. The right amount depends entirely on how you want to live, where you live, your household expenses, and your goals.
Don’t delay any longer.
A simple conversation today can provide the peace of mind you need for tomorrow.
Contact us for a no-obligation consultation to discuss your goals.
