Catch-up contribution
See the net benefit of using equity or redraw to make a concessional (tax-deductible) super contribution. We factor in the interest cost of the borrowed funds, the tax deduction you get for the contribution, and projected growth in super based on a 10-year average return for Australian growth funds.
Net benefit
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Tax deduction (year 1)
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Total interest cost over period
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Projected value in super (end of period)
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Net benefit (vs not contributing)
This is an estimate only, not personal advice. Omission of data or unique variable will have a considerable influence on outcomes. Consider speaking to a licensed adviser for a plan tailored to you where personal variables will be confirmed by supporting documents specific to your preferences and circumstances
