For most, paying off your home is the best form of saving, but I also suspect that if concessional tax treatment were granted, it would just accelerate going into more debt with a bigger home.
If you could quarantine that money, yes it would be good. Maybe if all money invested in the home as super [plus a deemed percentage] MUST returned into the super fund on sale of the house it could work.
Retiring with half a mil super but no house would be awful, methinks.
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For most, paying off your home is the best form of saving, but I...
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Glen Diemar, MD
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