What to do with personal ETFs at 60?
I posted a similar post a couple months ago, but financial situation has changed (positively) and I have some different questions to add.
I'm planning to lean fire in about 15 years at 50 by selling the capital growth and taking dividends (or even at 45 by selling more), if all goes well with the stock market it could be around $100k before tax at 50 (not including inflation). I could also sell a little less than capital growth from ETFs at 55, as I will be able to access my ADF MSBS (around $40k not including inflation before tax) or I could access MSBS at 60 for higher pension and just keep selling ETFs.
When I hit 60 should I:
- just deplete my personal ETFs (increase sale to have higher income) and leave super in accumulation phase until ETFs run out pass 60 while also utilising yearly concessional caps to save on tax.
- Switch to account based pension at 60 (assuming TBC will be over $3.5m in 2050, my balance will be lower than that) and invest any excess tax free money I can't spend into my personal ETF portfolio.
- or invest the excess from tax free super into another accumulation phase super account while also selling some of personal ETFs to use for yearly concessional contributions.
- or maybe other method I haven't thought about or don't know about?
For those wondering why I want to retire much earlier. I hate working, but disciplined enough to grind. I've been neglecting indoor and outdoor hobbies that I enjoy to grind at work and DCA away. The indoor hobbies, include watching a lot of anime, reading Asian based comics, spending hours playing RPG video games and outdoor hobbies include travel, increasing exercise volume for fitness goals (going on more hikes, walking more on top of regular training), treating myself and my mom by eating out more at nice places.