u/Nice_Beginning_7988

Concerns about sharemarket and wanting to park a sizable amount in cpiplus rather than equities

I’m 60 and retired with no wage income. I have money sitting in an offset account against an investment property loan at 6.3% interest. The rental income roughly covers all expenses, including interest, so the property is close to cashflow neutral.

I’m considering moving some of the offset money into my Hostplus CPIplus 2.5% pension phase account.

My thinking:

Offset gives a guaranteed 6.3% saving, but the money is outside super.

CPIplus aims to return CPI + 2.5%, with pension phase earnings tax-free, but there are fees and investment risk.

Given I already have an ok super balance, would you keep the money in the offset, or move some into pension phase?

Interested in views from people who have weighed up debt reduction vs super/pension investments.