pull all my super at 60, page-18

  1. 96,638 Posts.
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    hi again,

    I can see an emotional reason for drawing super to pay off a home.

    But, sorry, that's where it stops.

    What the hell is the point if it then zooms back into a mortgage.

    It then makes zero sense to use that property as security in an investment property -------- outside super.

    He exposes himself to risk, cgt.

    Also he immediately loses the emotional benefit of owing the home debt free ---------- none of it makes sense.

    Sorry, I think it is a really dumb move.

    have a great day

    Pinto
 
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