Confused

Yes I need to speak to a financial adviser but want to make sure I'm not being sold a pup!

55 years old, have 510,000 in super, 80,000 in a managed fund with Perpetual, 22,000 in a credit union interest account (haha), 50,000 in a mortgage and 53,000 in an offset, I'm in a government (state) job and have been for 14 years so reasonably secure - what should I be looking to do?

Big ask I know, but interested in others thoughts

 

not a tax accountant first ????

personally i would exit the mortgage first ( but you would need to understand the tax implications of doing so , what suits me may not be best for you )

given there are some elections due this year ( NSW and Federal ) and current regulations MIGHT change , you would have to negotiate some uncertainty , probably having a plan for where ( roughly ) want to be near retirement age ... and factor in the potential shift of the aged pension age to be 70 or more ( just in case you need a part pension later in life )