A quick question and I'm happy with a quick answer.
I tried to wade through the ATO site but I couldnt fathom it. I hope the collective knowledge out in hot copper land could simplify it for me.
I stopped work at 41 and have lived off passive income, rents etc. (no kids helped) I'm 53 now and thinking of going back into the workforce around 55 and salary sacrifice my whole wages into super for a last burst of retirement savings. I can live off the income I get from other previously stated avenues.
How old do I have to be and how much can I put into super and for how long.
I figure the lower tax rate for contributions will work to my advantage.