Non-concessional Super versus Mortgage

After tax non concessional contributions into superannuation in my abuse should not come before paying down your home loan. Both are after tax meaning you have to pay tax of your marginal tax rate first before you can pay off your home loan or put it into Superannuation and therefore I prefer the guaranteed saving of your interest on your home loan over that of superannuation and losing access to this money until preservation age, which is age 60. Please remember this is general advice only. #robgoudie #superannuation #financialadvice #retirement #mortgage

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.