State Super Financial Services Australia
1800 620 305 Weekdays: 8.45 am - 5.15 pm

Should I reduce my mortgage?

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Redundancy could be something you will face at some point, and you might be worried about the impact this will have on you, your finances or whether you can even afford to take it. Let’s say you are driving a car and your journey is suddenly interrupted by an unexpected roadblock – redundancy. Would you know of alternate routes to help get you back on track? If you had someone to help navigate, you could have identified a variety of options like reducing tolls and charges or even ways to reach your final destination faster. When it comes to redundancy, you really need an experienced guide. And a good starting point is your financial planner, who can show you other directions to take and explores different options, which you may not have thought of. For instance, managing tax on your payout, your investment choices or whether you can afford to simply start your retirement early. Your financial planner can help keep you focused on where you want to go, and help you find ways to get there. So give us a call now, because the sooner you start planning the better.

What a wonderful dilemma!

If you’re asking yourself this question, then you’ve got what counts; financial discipline. You understand where your expenditure is going and how much you can save.

The simplest, and probably best advice, is that you should just do something. Whether you choose additional super contributions, extra payments on your mortgage, or a combination of both, you’ll be improving your long-term financial position.

Give your member service team a call on 1800 620 305 and remember, the sooner you start planning the better.

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