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Lifestyle

Craig Sankey

Ask the Expert: What to consider when deciding between super and property investment

Using super to invest in property is something not to be rushed into. Photo: Getty

Question 1: I am 66 and still working. I have $300,000 in super and owe $50,000 on the house I live in. Since my super will reduce over the years to $0 what is the advantage of using my super to pay off my mortgage and buying an investment property, and live off the rental and age pension. Then, if required, sell the investment property when I am much older.

Hi, when you say your super will reduce to zero, that will depend on how much you are drawing out and what return you are achieving.

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