Thats because many planners advise this strategy, claiming that super is a better place to put funds during accumulation phase, then use super to pay off the mortgage once retired.
Planners may be correct in suggesting this strategy for tax purposes, but the legislative risk to their clients is quite high.
If lump sum payment from super become banned one day, many peoples retirement strategy will be in tatters.
- Forums
- General
- australia's super debt drain
australia's super debt drain, page-4
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online