HLG025 Should I pay off my mortgage or contribute to super? (635 words)

This detailed article contains a comparison to show how salary sacrificing can be a tax-effective strategy when implemented correctly. It then includes a case study to show a comparison of salary sacrifice vs paying more off a mortgage.

One of the most popular questions we are asked by our clients is whether it’s best to pay off their mortgage first or salary sacrifice money into their super fund – or can they do both? The answer to this question is never the same considering that everyone’s needs are completely different, but we thought we’d provide an explanation with some examples to give you an idea of how both options work.

It’s not really a sacrifice