SMH
·australia
·9 days ago
Pension recipient explores inheritance options, experts urge mortgage focus first
A 67-year-old Australian pension recipient asked financial advisers about building an inheritance for his daughter and grandchildren amid a modest mortgage. Experts recommend prioritizing mortgage repayment to build home equity rather than purchasing life insurance, which becomes expensive.
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Published 01 Aug 2026, 19:05 UTC · Updated 01 Aug 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections