From prosolution.com.au: Surplus cashflow allocation for individuals facing the cost of living crisis requires careful consideration between debt repayment and investment.

Paying down non-deductible debt, like home loans, is valuable ahead of retirement, but maintaining tax-deductible investment debt can provide greater financial advantage through returns that typically exceed the effective interest costs.

Investors may consider accumulating share portfolios while delaying debt repayment, though this strategy carries risks linked to market fluctuations and demands a diversified approach to financial planning for retirement.