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Sorry to hear about the divorce. Sounds like your scenario would...

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rookstar

5,084 Posts.

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25/01/23

23:24

Post #: 65887573
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Originally posted by Hittman ↑

My Super Pension will be high than my current wage. With the portion in the TBC being tax free to boot. I could effectively afford to rent until I die and still not touch the capital of my Super. May well end up doing just that.

An expensive divorce in my later years meant Super is the bulk of my asset base but it is a significant sum and will be even more in 5 years.

Again, the proposed limit to high balance Super accounts being mentioned could well change my view on what I'll do.

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Sorry to hear about the divorce.

Sounds like your scenario would work.
They (bank) may want you to pay into the property enough cash so the rent covers the repayments, generally banks shave the rent to 80% and take that figure.

Good luck with it all.

I hope you can work out a way.

Rooks
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