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Invest in mortgage or super?


Im 46 years old, and have a $100,000 mortgage, should I concentrate on paying that off as soon as I can, or should I be putting money into my superannuation fund, so I can retire when Im 60 years old?

The amount I have in in super is only about $20,000

I'd put 15% of your monthly income into the retirement fund monthly, and if you have any extra left over, then apply it to your mortgage to pay it off faster.

depends on your taste And innovations jus pick one you like (preferred)

Pay off the house first
You can live off a pension when you retire and a roof over yuor head is the most important thing
Co contribute super with the GOVT as well to increase the amount you put in

Have a look here.

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