Is it better to pay down your mortgage with extra cash or use it to top up your super?
The following scenarios look at what it means for people of different ages, on different incomes and with varying mortgage sizes.
Generally, the higher your income, the more financially beneficial it is to contribute to super ahead of paying off the mortgage. The case for super ahead of the mortgage is even more compelling when someone is prepared to take on more investment risk and interest rates are low.
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