Radiance Wealth

Radiance Wealth With over 20 years of combined experience in the Banking & Financial services industry.

"Most taxes are triggered by something that actually happens. You sell an asset. You receive income. Division 296 is dif...
17/06/2026

"Most taxes are triggered by something that actually happens. You sell an asset. You receive income. Division 296 is different."

The Division 296 tax is calculated on the notional increase in your super balance over the financial year — including the increase in the value of assets you still hold and haven’t sold.

For most people in large APRA-regulated funds, this is manageable. The fund holds liquid assets and can meet the tax liability from its cash holdings.

But for SMSF trustees with property or unlisted investments inside the fund, it creates a genuine planning question: where does the money come from to pay the tax on a gain you haven’t crystallised?

The answer might be paying from personal funds outside super. It might be selling liquid assets inside the fund. It might be electing to have the ATO debit the super account directly. None of these options are catastrophic — but all of them require advance planning.

If you hold illiquid assets inside an SMSF above the $3 million threshold, this is worth modelling before 30 June — not after.

Ravi covers the full picture in his new article. Link below.

Link in caption / bio → https://loom.ly/ZEZezlw

— Sunny

The $3 million super cap: 4 things to do right now.A lot of the coverage around Division 296 has focused on the tax itse...
15/06/2026

The $3 million super cap: 4 things to do right now.

A lot of the coverage around Division 296 has focused on the tax itself. Less has focused on the practical response. Here’s what Ravi Moolchandani from Radiance Wealth recommends.

➡️ Check your balance — and your partner’s. If your individual balance is approaching $2.5 million, Division 296 is relevant to you. Log into your fund and get a current figure. For SMSF members, check your most recent audited financial statements.

➡️ If you hold property or unlisted assets in an SMSF, model your unrealised gains exposure before 30 June. The Division 296 calculation includes the paper increase in asset values — not just realised income. This needs to be modelled in advance, not calculated at tax time.

➡️ Do not make reactive decisions. Withdrawing from super, collapsing an SMSF, or making large contributions in response to proposed legislation carries its own risks. Model first. Act after.

➡️ Have the planning conversation early. For couples with uneven balances, the rebalancing opportunity works best with lead time. The earlier the conversation, the more options are available.

Full article with the complete picture → https://loom.ly/ZEZezlw

"A lot of people think TTR is just for people who are about to retire. It’s not."A Transition to Retirement income strea...
03/06/2026

"A lot of people think TTR is just for people who are about to retire. It’s not."

A Transition to Retirement income stream is available from age 60 — which for many of the people I speak with means they’ve had access to it for several years without knowing.

The people who benefit most from TTR are often those with three to five years until retirement, not three to five months. Here’s why: the tax savings on salary sacrifice contributions compound over time. The longer you run the strategy, the more it adds up.

For someone in the 39% tax bracket (including Medicare) salary sacrificing to the $30,000 concessional cap, the saving versus paying full marginal rate runs to roughly $7,200 a year. Over five years, that’s $36,000 — before investment returns on the extra super.

That’s not nothing. And most people eligible for this strategy aren’t using it.

Ravi’s new article covers both ways TTR works — the lifestyle version (reduce hours, maintain income) and the tax version (same hours, more into super). Link below.

Link in caption / bio → https://loom.ly/5-8oGWM

— Sunny

Work 4 days a week. Take home the same pay.For Australians who have reached age 60 and are still in the workforce, this ...
03/06/2026

Work 4 days a week. Take home the same pay.

For Australians who have reached age 60 and are still in the workforce, this isn’t wishful thinking. It’s a strategy.

A Transition to Retirement (TTR) income stream lets you draw from your super while you’re still employed. Drop from 5 days to 4, and the income shortfall is covered by a regular payment from your own super balance.

The tax treatment from age 60 makes it even more attractive. TTR income drawn from your super at this stage is generally received tax-free or close to it — meaning your total take-home often stays the same or improves, even on reduced hours.

For a lot of people in their early 60s, one less working day per week is worth more than any pay rise. More time with family. Less physical and mental load. A gradual wind-down that doesn’t feel like a cliff edge.

Ravi covers the mechanics — and who this actually works for — in his new article.

Read the full guide → https://loom.ly/5-8oGWM

You can’t sell 10% of your investment property.It sounds obvious when you say it out loud. But it’s one of the most unde...
27/05/2026

You can’t sell 10% of your investment property.

It sounds obvious when you say it out loud. But it’s one of the most underappreciated risks of holding property as your primary retirement asset.

If you need $80,000 for a health event, a family emergency, or to help a child with a deposit, you have two options: sell the whole property — with all the costs, timing risk, and tax implications that involves — or don’t sell at all.

An account-based pension, by contrast, lets you draw exactly what you need. Dial it up in years when you want to spend more. Dial it back when you don’t. And unlike property, you’re not at the mercy of the Melbourne market when you need to access your money.

This is the liquidity argument for super — and it’s one Ravi covers in his new breakdown of super vs investment property for retirement.

Full article → https://loom.ly/yQwSwbA

Super or investment property — which builds a better retirement?It’s the most debated question in Australian personal fi...
25/05/2026

Super or investment property — which builds a better retirement?

It’s the most debated question in Australian personal finance. And in Melbourne especially, where property feels almost cultural, most people have already made up their mind.

But the honest answer is more nuanced than most people realise. Super wins on tax efficiency at almost every point — 15% on earnings in accumulation, 0% in pension phase, no stamp duty, no land tax. Property offers leverage and capital growth — but rental income is taxed at your marginal rate, and the net yield on Melbourne residential property is often lower than people assume.

There’s also the Age Pension interaction. Your family home is exempt from the assets test. Your investment property isn’t — and it’s assessed at full market value.

Ravi Moolchandani from Radiance Wealth has written a detailed, genuinely balanced breakdown of both sides — including a tax comparison table and what the right answer typically looks like for Melbourne pre-retirees.

Full article ➡️ https://loom.ly/yQwSwbA

"We'll just downsize."It's one of the most common retirement plans I hear — and it's not wrong, exactly. Melbourne homeo...
20/05/2026

"We'll just downsize."

It's one of the most common retirement plans I hear — and it's not wrong, exactly. Melbourne homeowners often have genuine, substantial wealth tied up in their family home.

But there are rules. The downsizer contribution (up to $300,000 per person into super, outside the normal caps) must be made within 90 days of settlement. Miss that window, and you miss the opportunity.

There are also Age Pension implications. The family home is exempt from the assets test while you live in it — but once you sell and the proceeds move into super or other investments, that exemption disappears.

Ravi covers this — and six other common mistakes — in his new article. Well worth a read if retirement is on your horizon ➡️ https://loom.ly/hz2oEGY

— Sunny

The 5 years before retirement are the most consequential of your financial life.Get them right, and you retire with conf...
19/05/2026

The 5 years before retirement are the most consequential of your financial life.

Get them right, and you retire with confidence. Get them wrong, and there's very little time to recover.

After more than two decades of advising Australians, Ravi Moolchandani from Radiance Wealth has identified the 7 mistakes he sees most often in the lead-up to retirement — and what to do instead.

From staying in the wrong super investment option (the most costly and most common mistake) to misunderstanding the gap between when you can access your super and when the Age Pension kicks in.

If you're in your 50s or early 60s, this one's worth a read.

Full article → https://loom.ly/hz2oEGY

Most people think retirement spending stays the same for 25 years. It doesn’t.Here’s what actually happens:💰Phase 1 (Age...
13/05/2026

Most people think retirement spending stays the same for 25 years. It doesn’t.

Here’s what actually happens:

💰Phase 1 (Ages 60–67): The most expensive years. Travel, active lifestyle, bridging the gap before Age Pension.

💰Phase 2 (Ages 67–75): Spending eases. Less overseas travel, more time with family, part Age Pension kicks in.

💰Phase 3 (Ages 75–85+): Lifestyle spending drops, but health and care costs can rise.

This is why a one-size-fits-all “retirement number” doesn’t work. Your plan needs to account for all three phases.

We break it all down in our new guide ➡️ https://loom.ly/bMKj3Zs

On average 60-year-old Australian man today can expect to live another 24 years. A woman, another 27 years.That means yo...
11/05/2026

On average 60-year-old Australian man today can expect to live another 24 years. A woman, another 27 years.

That means your retirement savings may need to last 25 to 30 years. Have you actually modelled whether your money will go the distance?

Most people haven’t. And the longer you leave it, the fewer options you have.

We’ve written a practical guide for Melbourne pre-retirees covering what comfortable retirement actually costs, how spending changes over time, and what you can do in your 50s to close the gap.

Read the guide ➡️ https://loom.ly/bMKj3Zs

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