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The New Daily
The New Daily
Craig Sankey

Ask the Expert: Where to invest for retirement – property or super?

How much will you have at retirement? That depends on the choices you make today. Photo: Getty
  • Question 1: I have approx $300k in super and owe about 55k on my mortgage. I am 50 and plan to have my mortgage paid off by 55. I salary sacrifice $50 a week into super and $40 per fortnight in after tax to super. Should I consider investing in a property now that prices are dropping or just put more into my super when the mortgage is fully gone.

Firstly, well done on already saving extra to super and being close to paying down the loan. You are doing ‘something’, which means you are already ahead on many people who live pay day to pay day.

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