QuestionI turn 67 next month, and in anticipation of my birthday I have applied for the age pension. The interest charge on the car loan is zero per cent with a balloon payment at the end. Should I draw down some superannuation and pay out the loan, or let the remaining 18 months of payments continue? If we assume the payout of the car loan is $15,000, the car value will not change. The other option to explore is changing the policy from a “whole-of-life” to an “endowment” policy.