Money magazine Comments - Ask Paul: Should we pay off mortgage with super? Suzi and her husband have about $370,000 in super. Should they cash it out to pay off their $300,000 mortgage? https://www.moneymag.com.au/feed/latest?story=179800432 Thu, 21 Dec 2023 04:03:42 +1100 Thu, 21 Dec 2023 04:03:42 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: Should we pay off mortgage with super? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Steven Macaulay ()

I'm surprised Paul didn't factor in pension eligibility rules

The full aged care pension is worth circa 900k to 1m if expressed as a comparable annuity

Not very high quality financial advise here

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]]> Steven Macaulay () Thu, 21 Dec 2023 04:03:42 +1100 Comment by John Liedl Liedl John Liedl Liedl ()

I have a super fund to the value of $230000, my mortage is at present $129,000 Should i Use my super to pay off the loan. we will continue to put $2500 into a short term account that gives more return than my super?

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]]> John Liedl Liedl John Liedl Liedl () Mon, 28 Jul 2025 18:47:00 +1000