Using Superannuation to pay off a Mortgage

Oct 12, 2021 6:05:09 AM

As rising house prices push home ownership further out of reach of younger generations, with many having to delay entry to the property market as they save a deposit, more and more retirees are entering retirement with mortgage debt. Those unable to pay down their mortgage debt ahead of retirement are faced with a challenge: whether or not to use superannuation to pay off the mortgage and if so, what to live on during retirement.

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Topics: Refinancing, Home Loan Rates, Investment Finance