Money magazine Comments - Ask Paul: We're stood down, should we access super to buy property? Quyen and her husband have both been stood down from their jobs. Should they withdraw $20,000 from their super to buy another investment property? https://www.moneymag.com.au/feed/latest?story=169912871 Thu, 06 Aug 2020 14:48:34 +1000 Thu, 06 Aug 2020 14:48:34 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: We're stood down, should we access super to buy property? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Robert Kisiel ()

I would differ that advice..My father died with 70k in super..At 50 you are not a young chick any more.. Super has a good life insurance but gives you no income stream... Useless at old age...My tip calculate how much to leave in super that the fees don't eat it up..I have $30k that is enough to balance the income super produces with fees..Buy another rental that will give you extra income and capital gain and get out of Australia and live/rent in a tropical place from the income ..I live on 1500 a month in Vietnam...Look outside the square. You are in the top 5% of the richest people on the planet .. Enjoy the rest of your Life...

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]]> Robert Kisiel () Thu, 06 Aug 2020 14:48:34 +1000 Comment by Steve Riley ()

I agree Bob 100% on getting out of the expensive country as I call it now and relocate overseas, put your feet up and live for peanuts compared to the so called Lucky country that I would think not. True look outside the square and kick your feet up and enjoy life EARLY!!!

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]]> Steve Riley () Sat, 05 Sep 2020 11:55:39 +1000