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Reply: 1.1.1.1.1 From: Tom Cleary If you are 58 and preservation age is 55 and the lump sum is only $290K you have options Why can't you take a lump sum and gear to your comfort level (positive or negative cash-flow)? That now allows you to buy a residence or borrow. That removes all the...

Reply: 1.1.1 From: Tom Cleary Thanks guys for the replies. 1. Yes i've got a DIY super fund 2. Preservation age 55 3. Want to keep working for a few more years at least 4. Cannot gear or take a charge over the Super fund. 5. Cannot invest a residence for myself 6. Friend in super industry...

From: Tom Cleary Would appreciate any suggestions on a superannuation payout. Situation is:was cleaned out on a divorce settlement, 100% to her of family home and business approx. $400,000 However kept superannuation,payout $290,000 Am presently renting and at 58 just working part time approx...